Madhvani Group’s INSCO Assumes Full Control of HNGIL Following Successful IBC Resolution
Hindustan National Glass & Industries Limited (HNGIL), India's former largest container glass manufacturer, has been formally acquired by Independent Sugar Corporation Limited (INSCO), a division of the Madhvani Group, based in Uganda, under the Insolvency and Bankruptcy Code (IBC) process. INSCO was able to acquire complete control of
