Announced Thu, 1 Oct, 2026 · 23:02 IST
Hindalco terminates AluChem acquisition deal
HINDALCO · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
-0.5%1-day move
₹941.85
prior close
₹953.50
base price
After-mkt
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AI summary
Hindalco Industries and AluChem Companies have mutually terminated their Equity Purchase Agreement for the proposed acquisition of AluChem and its specialty alumina business. The deal was called off due to extended closure delays beyond either party's control. Hindalco says its strategy to scale high-value specialty alumina products remains unchanged, and will keep evaluating US opportunities. AluChem will continue operating independently.
Likely market impact
Deal scrapped with no financial impact disclosed. Strategy intact; company will pursue other specialty alumina opportunities, including in the US.