Odisha Government approves HIL to set up manufacturing plant in Balasore, Orissa

HIL Limited has informed that, the Odisha Government’s State Level Single Window Clearance Authority (SLSWCA) on 28th April, 2021 has approved the application made by the Company to set up manufacturing plant of Blocks (150,000 CuM PA), Panels (36,000 MT PA) and Boards (30,000 MT PA) at Balasore, Orissa.

This will augment the Company’s leadership in its branded, Building Solutions business.

With its solutions-oriented approach this segment is well-placed to carry forward performance momentum.

Hil ended at Rs3,600.50 per piece down by Rs10.25 or 0.28% from its previous closing of Rs3,610.75 per piece on the BSE.

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( With inputs from indiainfoline)