Hindalco Industries Limited — JV/Acquisition, 01-12-2025: Acquisition
01-12-2025 | 08:05 pm
01-12-2025 | 08:05 pm
Hindalco Industries has completed the full acquisition of EMIL Mines and Mineral Resources Limited (EMMRL), making it a wholly-owned subsidiary. This 100% stake acquisition marks a strategic move towards backward integration, aiming to enhance Hindalco's control over its raw material supply chain. While specific financial details of the deal or its immediate operational impact were not disclosed, integrating EMMRL strengthens Hindalco's position in the mining and mineral resources sector.
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