Cheviot Company Limited has informed the Exchange about acquisition of shares.
CHEVIOT · price
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Cheviot Company Limited purchased 22,000 equity shares of Hindalco Industries Limited (HIL) from the secondary market on 13 January 2026 at ₹934.7856 per share, taking its total holding in HIL to 2,48,000 shares. The acquisition is purely for long-term investment purposes, with no intention to acquire control, and represents less than 0.01% of HIL's share capital. The disclosure is made because the expected transaction value exceeds the SEBI Regulation 30 threshold, even though the holding is negligible. The deal was done entirely in cash and is classified as a non-current investment by Cheviot.
This is a minor passive investment by Cheviot in a large, fundamentally strong metal company and is unlikely to have any meaningful impact on Cheviot's stock price or operations. Shareholders should view it as a treasury investment decision rather than a strategic shift.