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Hindalco-owned Novelis postpones US IPO
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Hindalco-owned Novelis postpones US IPO
Jun 4, 2024 7:04 PM

June 4 (Reuters) - Novelis, owned by Indian billionaire

Kumar Mangalam Birla's Hindalco Industries on Tuesday

it postponed its initial public offering citing market

conditions.

"Novelis will continue to evaluate the timing of the

offering in the future," it said in a statement.

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