Key Event Details
Pursuant to an application for voluntary strike-off by East Coast, the Registrar of Companies, Cuttack, under the Ministry of Corporate Affairs, has struck off the subsidiary under Section 248 of the Companies Act, 2013. The action was effected via a Notice of Striking Off and Dissolution bearing reference no. STK-7/001321/2026 dated June 22, 2026.
Effective Date
East Coast ceased to be the Company's wholly owned subsidiary, effective June 22, 2026.
Financial and Operational Impact
The company explicitly states that this action will have no material impact on its operations or financial position.
Details as per SEBI Circular
The following details, as required by the SEBI Circular, are provided:
- Income and net worth contribution (Last financial year): Not Applicable.
- Expected date of completion of sale/disposal: Effective June 22, 2026 (in case of voluntary strike-off and consequent dissolution).
- Consideration received: Not disclosed.
- Details of buyers: Not disclosed.
- Related party transaction: Not disclosed.
- Sale outside Scheme of Arrangement: Not disclosed.
Company Signatory
The disclosure is signed by Geetika Anand, Company Secretary and Compliance Officer of Hindalco Industries Limited, on June 22, 2026.