Hinduja Foundries to Raise Up To Rs 400 Crore Via Securities

New Delhi: The Board of Hinduja Foundries has approved the proposal to raise up to Rs 400 crore through Global Depository receipts (GDRs). In a BSE filing, the Hinduja group firm said its Board at their meeting on January 25, 2016 "approved the issue of GDRs to promoters, promoter group company(ies) and any other entity which is a subsidiary, associate of its parent, group companies or any other entity eligible to invest in GDR for ...