Trakya Cam Sanayii A.S. (IBSE:TRKCM) acquired additional 38.57% stake in HNG Float Glass Limited from Spotlight Vanijya Limited, Brabourne Commerce Pvt. Ltd. and other founding shareholders for $66.1 million (INR 4.5 billion) on June 13, 2018. In a related deal, Trakya Cam Sanayii A.S also completed the acquisition of additional 11.23% stake in HNG Float Glass Limited from Hindusthan National Glass & Industries Limited (BSE:515145) for INR 1.3 billion on June 13, 2018. Pre deal, Trakya Cam Sanayii A.S. held 50% stake and post deal, it will hold 99.8% stake after the execution of both the deals. As of March 31, 2018, HNG Float Glass Limited reported turnover of INR 5.5 billion and net worth of INR 4.2 billion. Trakya Cam Sanayii A.S. (IBSE:TRKCM) completed the acquisition of additional 38.57% stake in HNG Float Glass Limited from Spotlight Vanijya Limited, Brabourne Commerce Pvt. Ltd. and other founding shareholders on June 13, 2018.