Friday, March 19, 2010 :
Hindustan Tin Works has said that state-run non-life insurer -- United India Insurance Company -- has bought 5.22 lakh equity shares representing 5.02% stake in the company. Meanwhile, the company has not disclosed the price at which the stake has been bought. Hindustan Tin Works, a premier Indian CAN manufacturer, produces a wide range of CANs and provides quality packing solutions to dairy products, edible oils, tea, coffee, motor oils, medicines, pesticides, chemical and paint industries. It is one of the largest manufacturers of lithographed metal containers in India.
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