Article: India: Hinduja Foundries capex plan.

Byline: pinto03

Hinduja Foundries Ltd, formerly Ennore Foundries, and part of Hinduja Group, has informed the stock exchanges that it plans to raise USD 58 Million (INR 250 million) to support its capex programme spread during the next 18 to 24 months.

According to the company, it would raise the money either through equity or other options, including GDINR, depending upon market conditions. Hinduja Foundries has ...

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