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    Telangana high court stops transfer of Rs 2,840cr in stakes from city-based firm

    3 hours ago

    The Telangana High Court has issued an interim order preventing Qatar-based AL Plus Holding LLC from transferring its 26% stake in Pioneer Aluminum Industries. This move aims to secure the stake, valued over ₹2,840 crore, as part of international arbitration proceedings involving OWH SE iL and companies linked to Russian aluminium major RUSAL.
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