Hindusthan National Glass & Industries Limited has informed the Exchange about Prior Intimation of the Meeting of Monitoring Committee to consider and approve raising of funds through private placement in terms of the Resolution Plan approved by the Order of the Hon'ble NCLT Kolkata Bench dated August 14, 2025

Hindusthan National Glass & Industries Limited (HNGIL) has informed the exchange that its Monitoring Committee will hold a meeting to consider and approve raising of funds through private placement. This fund-raising is being undertaken in terms of the Resolution Plan approved by the Hon'ble NCLT Kolkata Bench vide its order dated August 14, 2025. The company had been undergoing corporate insolvency resolution proceedings, and the approved plan now allows it to raise capital as part of its revival and debt-resolution process. No specific quantum, instrument type, pricing, or investor details have been disclosed yet.