HINDALCO.BO - Hindalco Industries Limited

BSE - BSE Real Time Price. Currency in INR

Hindalco Industries Limited

Birla Centurion
7th Floor Pandurang Budhkar Road Worli
Mumbai 400030
India
91 22 6662 6666
http://www.hindalco.com

SectorBasic Materials
IndustryAluminum
Full Time Employees36,000

Key Executives

NameTitlePayExercisedYear Born
Mr. Satish PaiMD & Exec. Director287.15MN/A1961
Mr. Anil Malik IASPres, Company Sec. & Compliance Officer13.7MN/AN/A
Mr. Praveen Kumar Maheshwari B.Com., C.A., PGDMCEO of Copper Bus., CFO & Whole Time Director42.74MN/A1961
Mr. V. R. ShankarPres & Head of LegalN/AN/AN/A
Mr. Bibhu Prasad MishraPres & Head Manufacturing Centre of ExcellenceN/AN/AN/A
Amounts are as of December 31, 2019 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in INR.

Description

Hindalco Industries Limited, together with its subsidiaries, produces and sells aluminum and copper products in India and internationally. It operates in three segments: Aluminium, Copper, and Novelis. The company offers alumina; primary aluminum in the form of ingots, billets, and wire rods; aluminum flat rolled products (FRP); aluminum extrusions; and aluminum foil and packaging solutions for use in the automotive and transport, building and construction, defense, electricals and electronics, pharmaceuticals and packaging, and white goods industries, as well as packaging and industrial applications. It also provides coarse alumina hydrate for use in alum, poly aluminum chloride, zeolites, aluminum fluoride, glass, etc.; fine alumina hydrates that are used as fillers in paper and in sheet molding compounds, dough molding compounds, etc., as well as flame retardants and smoke suppressants in cables, rubbers, plastics, etc.; and calcined alumina for use in ceramics, refractories, polishing, and glass. In addition, the company offers copper products, including copper cathodes and continuous cast copper rods that are used in the agrochemical, automotive and transport, consumer durable, electrical equipment, railway, and wire and cable industries. Further, it operates an all-weather jetty in the Gulf of Khambhat on the west coast of India; and produces di-ammonium phosphate and nitrogen phosphorus potassium complexes, phosphoric acid, phospho gypsum, sulfuric acid, copper slag, and aluminum fluoride, as well as gold, silver, selenium, automotive sheet, beverage can sheet, architecture, electronics, transportation, and other products. The company offers its aluminum extrusion products under the Hindalco extrusions, Maxloader, and Eternia brands; aluminum FRP under the Everlast brand; aluminum foils under the Freshwrapp and Superwrap brands; and copper products under the Birla Balwan brand. Hindalco Industries Limited was founded in 1958 and is based in Mumbai, India.

Corporate Governance

Hindalco Industries Limited’s ISS Governance QualityScore as of July 29, 2019 is 8. The pillar scores are Audit: 7; Board: 6; Shareholder Rights: 6; Compensation: 9.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.