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INSCO Submits Revised Plan for HNGIL Takeover

Mint Kolkata

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June 13, 2025

Independent Sugar Corporation (INSCO) has submitted a comprehensive revised resolution plan worth ₹2,752 crore for the takeover of debt-ridden glass bottle manufacturer Hindusthan National Glass & Industries Ltd (HNGIL), in line with the Supreme Court verdict.

- PTI

The Committee of Creditors (CoC) is likely to consider the revised proposal, and voting is likely to commence on Thursday, sources said.

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