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Hindalco is set to acquire a 100% equity stake in EMIL Mines and Mineral Resources Limited (EMMRL), a wholly-owned subsidiary of Essel Mining & Industries. This strategic move aims to integrate EMMRL fully into Hindalco's operations, likely bolstering its raw material security and expanding its mineral resource portfolio. The acquisition will establish EMMRL as a wholly owned subsidiary, enhancing Hindalco's control over its supply chain and potentially improving operational synergies. This signals a focused strategy on strengthening core assets for future growth.