Hindalco will #divest entire stake in its wholly-owned step-down subsidiary Hindalco Do Brazil Industria Comercia de Alumina Ltda to Brazilian firm Terrabel Empreedimentos Ltda for R$1 (around 14.7 rupees)

The stake sale is expected to be completed by March 3

Rane (Madras) to seek #shareholder nod to #divest its subsidiary, Rane Light Metal Casting

Co had #acquired Rane Light Metal Casting in 2016

#HindustanZinc stake #sale: 100% sure #govt will #divest