Hind Aluminium Industries: Pursuant To Regulation 30 Of The SEBI(LODR) Regulations 2015 Intimation For Approval Of Shareholders Is Sought For Acquisition Of Undertaking From Nirav Commercials Limited Which Is In The Nature Of A Material Related Party Transaction

Pursuant to the Provisions of Section 188 of the Companies Act 2013 r.w. applicable rules of the Companies (Meetings of Board and its Powers) Rules 2014 and the aforesaid acquisition of undertaking from Nirav Commercials Limited transaction is in the nature of Material related party transaction and has been approved by the Board of Directors subject to the approval of the shareholders through postal Ballot