Cheviot Company Limited has informed the Exchange about acquisition of shares.
CHEVIOT · price
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Awaiting price reaction for this filing.
Cheviot Company Limited has purchased 32,000 equity shares of Hindalco Industries Limited (HIL) from the secondary market on 7th January 2026 at ₹937.5754 per share, taking its total holding in HIL to 2,26,000 shares (less than 0.01% of HIL's share capital). The total value of the latest purchase is approximately ₹3 crore, which crossed the SEBI disclosure threshold under Regulation 30(4)(i)(c), prompting this filing. HIL is a large metals manufacturer with FY25 standalone revenue of ₹93,309 crore and profit of ₹6,387 crore. Cheviot stated the purchase is purely for long-term investment with no intention to acquire control, and the deal is a cash transaction with no related party involvement.
This is a minor, passive investment by Cheviot in a large listed company and is unlikely to have any material impact on Cheviot's financials or stock price. Shareholders should view it as a routine treasury/investment activity disclosed only because of the SEBI threshold rule.