Hindalco signs agreement to acquire 100% of EMMRL

Listed Co AcquisitionStrategic Transactions View source PDF Explain this filing

HINDALCO · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

+1.9%Reaction day

₹825.00

prior close

₹834.90

announcement price

After-mkt

timing

Nifty 100market · index membership as recorded later (tracked since Jun 2026)+0.6%+1.3% vs market

Aluminium peers, median of 10sector+0.7%+1.2% vs sector

On the reaction day the stock moved 1.3 pts more than Nifty 100 and 1.2 pts more than its Aluminium peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

-0.4

10m

-0.0

15m

-0.0

30m

-0.3

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+1.9+0.6+1.3+0.7+1.2

Next day

+3.0+0.4+2.6+2.0+1.0

+4.0+1.0+2.9+2.4+1.6

+4.6+0.4+4.2+2.1+2.5

+2.9-0.1+3.0-0.3+3.2

+2.5+0.2+2.3+1.9+0.6

-4.7-0.9-3.7+0.4-5.0

15d

-3.4+0.4-3.9-5.2+1.7

-2.2+1.3-3.5-5.1+2.9

+4.9+0.3+4.6-8.9+13.8

+16.8-2.6+19.5+3.5+13.4

UpDownMarket · Nifty 100Sector · Aluminium peers, median of 10Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Hindalco signed an agreement on October 24, 2025 to buy all of EMMRL, a wholly owned subsidiary of Essel Mining & Industries. Completion is planned by November 30, 2025, subject to required conditions. Other deal terms remain unchanged, but consideration was not stated.

Likely market impact

On completion, EMMRL becomes wholly owned by Hindalco. The purchase price and effect on earnings or share value were not disclosed.