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Incorporated in 1946, Hindusthan NationalGlass & Industries Ltd does manufacturingof container glasses
Company withdraws its plan for a specific cut-off date related to share identification numbers. With trading already halted, this date is no longer required for the suspension process.
Hindusthan National Glass & Industries Limited (HINDNATGLS) received approval for its Resolution Plan from the National Company Law Tribunal (NCLT) Kolkata Bench. The plan, submitted by Independent Sugar Corporation Limited (INSCO), marks a crucial development in the company's corporate insolvency resolution process. This signifies a major step towards stabilizing operations...
Hindusthan National Glass & Industries has disclosed its financial default status. The company reported total outstanding loans and revolving facilities of 2894.09 Cr, with the entire amount in default. Unlisted debt securities totaling 118.62 Cr are also fully in default. The total financial indebtedness stands at 3012.71 Cr. These defaults...
Hindusthan National Glass & Industries Limited has announced a board meeting. The National Company Law Appellate Tribunal partially overturned a previous order directing the replacement of the Resolution Professional (RP) involved in its insolvency process, allowing the current RP to continue pending assignments but prohibiting new ones. The Tribunal directed...
Hindusthan National Glass’s financial assistances from Edelweiss Assets Reconstruction Company have been assigned to Assets Care & Reconstruction Enterprise Limited (ACRE). ACRE now holds the secured lender position for two of the four facilities previously under Edelweiss. This transfer reflects a change in the company’s debt structure amid its ongoing...