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Hindalco’s Novelis Inc. Appoints New Certifying Accountant

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Hindalco’s Novelis Inc. Appoints New Certifying Accountant

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Hindalco Industries Limited ( (IN:HINDALCO) ) has provided an update.

Hindalco Industries Limited announced that its subsidiary, Novelis Inc., has selected Ernst & Young LLP as its independent registered public accounting firm for the fiscal year ending March 31, 2028. This change in certifying accountant is subject to regulatory compliance and is expected to impact Novelis Inc.’s financial reporting and transparency, potentially influencing stakeholder confidence and market positioning.

More about Hindalco Industries Limited

Hindalco Industries Limited operates in the metals industry, primarily focusing on the production of aluminum and copper. It is a part of the Aditya Birla Group and has a significant market presence in India and internationally through its subsidiary, Novelis Inc.

Average Trading Volume: 280,415

Technical Sentiment Signal: Buy

Current Market Cap: 1853B INR

For a thorough assessment of HINDALCO stock, go to TipRanks’ Stock Analysis page.

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