Hindalco extends CFIUS review timeline to July 2

hindalco industries has provided a fourth update regarding the proposed acquisition of AluChem Companies, Inc. by its step-down wholly owned subsidiary, Aditya Holdings LLC. The company informed the exchanges that the statutory timelines under the CFIUS review framework were impacted due to a partial shutdown of the U.S. federal government.

Consequently, the review process has been extended, with the new completion timeline set for July 2, 2026. The company stated that necessary documentation has been filed to facilitate this additional extension.

Regulatory Background

The intimation was made under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. Hindalco Industries had previously filed both 'short-form' and 'long-form' declarations with CFIUS in connection with the proposed transaction.

Key Timeline Details

Event	Date
Previous Intimations	June 24, 2025; October 23, 2025; February 11, 2026; February 26, 2026
Revised CFIUS Review Completion	July 2, 2026

The company confirmed that all other details regarding the transaction remain unchanged as per previous intimations. Further updates will be provided as material developments occur or upon the completion of the review process.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+1.27%	+2.44%	+8.28%	+37.45%	+65.87%	+185.38%

hindalco industries witnessed two notable block trades on the National Stock Exchange (NSE), with both transactions executed at a uniform price of Rs. 1086.00 per share.

NSE Block Trade Details

The two block trades reflect considerable institutional activity in Hindalco Industries shares. The following table summarises the key details of each transaction:

Parameter:	Trade 1	Trade 2
Exchange:	NSE	NSE
Trade Value:	Rs. 102.92 crores	Rs. 42.01 crores
Approximate Shares:	~947,735	~386,811
Price per Share:	Rs. 1086.00	Rs. 1086.00

Key Highlights

Both block trades were executed on the NSE at an identical price of Rs. 1086.00 per share.
The larger transaction involved approximately 947,735 shares, valued at Rs. 102.92 crores.
The smaller transaction covered approximately 386,811 shares, amounting to Rs. 42.01 crores.
Combined, the two trades accounted for approximately 1,334,546 shares across both transactions.

Block trades of this scale are typically associated with institutional investors and are executed outside the regular order book to minimise market impact. The uniform execution price across both trades underscores consistent valuation in these transactions.