Hindalco Industries has entered into a Share Purchase Agreement (SPA) on October 24, 2025, with Essel Mining & Industries (EMIL) and EMIL Mines and Mineral Resources (EMMRL) for acquisition of 100% shareholding of EMMRL.
The said acquisition will be completed on or before November 30, 2025 subject to satisfactory completion of conditions precedent under the SPA, upon which EMMRL will become a wholly owned subsidiary of the Company.
Hindalco Industries is an industry leader in aluminium and copper. The company’s aluminium units across the country encompass the entire gamut of operations from bauxite mining, alumina refining, aluminium smelting to downstream rolling, extrusions, foils and alloy wheels, along with captive power plants and coal mines.
