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NCLT approved INSCO's resolution plan for Hindusthan National Glass.

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Hindusthan National Glass & Industries LimitedHINDNATGLS · Filed with the exchange

INSCO, a glass industry veteran, will infuse INR 2,165.58 Cr, including INR 1,000 Cr for capex to revive plants.

Creditors will recover ~60% of admitted claims, while existing shareholders' equity will be cancelled and delisted.

Read the original filing(PDF)

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