With reference to the earlier announcement dated July 19, 2007, regarding the Company to acquire Alcan stake in Utkal Alumina, Hindalco Industries Ltd has informed that acquisition of entire shareholding of Alcan Inc., comprising of 78,564,384 Equity Shares in Utkal Alumina International Ltd has been completed. Now, Utkal Alumina International Ltd is 100% subsidiary of the Company.
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