Hindalco Industries has completed the acquisition of 100% equity stake of EMIL Mines and Mineral Resources (EMMRL), a wholly owned subsidiary of Essel Mining & Industries (EMIL) on December 1, 2025. Consequently, EMMRL has become wholly owned subsidiary of the Company with effective from December 1, 2025.
Earlier, Hindalco Industries had entered into a Share Purchase Agreement on October 24, 2025, with Essel Mining & Industries and EMIL Mines and Mineral Resources for acquisition of 100% shareholding of EMMRL.
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.
| Company Name | CMP |
|---|---|
| Hindalco | 992.25 |
| Vedanta | 745.10 |
| Hindustan Zinc | 564.10 |
| Jain Resource Recycl | 426.95 |
| Gravita India | 1558.65 |
| View more.. | |
MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.
To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.
MoneyWorks4Me ensures this through: