Cheviot Company Limited has disclosed another significant acquisition of equity shares in Hindalco Industries Limited through secondary market purchase, as announced in a regulatory filing dated January 7, 2026. This latest transaction substantially expands the company's existing investment in the metal manufacturing giant, demonstrating continued confidence in Hindalco's long-term prospects.

Recent Acquisition Activity

The company has completed multiple purchases of Hindalco Industries Limited shares in early January 2026, significantly building its investment portfolio. The following table summarizes the recent transaction history:

Current Investment Position

Following the latest acquisition, Cheviot's investment position in Hindalco has grown substantially. The current holding details are presented below:

Target Company Profile

Hindalco Industries Limited, incorporated in 1958, remains a prominent player in the metal and metal products manufacturing sector. The company's robust financial performance continues to attract investor interest, as evidenced by Cheviot's repeated investments.

Note: Figures are on standalone basis

Investment Strategy and Rationale

Cheviot Company Limited has maintained its strategic approach to the investment, emphasizing that the share purchases are made without any intention to acquire control over Hindalco Industries Limited. The investment decision continues to be driven by Hindalco's strong fundamentals and leading market position in the metals sector. The company views these acquisitions as long-term investments, considering the target entity's consistent performance and market leadership.

Regulatory Compliance and Disclosure

The transactions fall under the purview of Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. While the shareholding remains below 0.01% of Hindalco's share capital, the value of the acquisitions exceeds the threshold specified in Regulation 30(4)(i)(c) of the Listing Regulations, making the disclosures mandatory. The transactions do not constitute related party transactions, and Cheviot's promoter/promoter group/group companies maintain no interest in Hindalco Industries Limited. The shares were purchased through the stock exchange mechanism as part of the company's non-current investments strategy, requiring no governmental or regulatory approvals.

Cheviot Company Limited has made a strategic move in the Indian financial market by acquiring a stake in the National Stock Exchange of India Limited (NSEIL). The company purchased 10,000 equity shares of NSEIL for ₹1.83 crore, at a price of ₹1,830 per share.

Investment Details

This acquisition represents a small but significant step for Cheviot Company, as it now holds a 0.00646% stake in NSEIL. The company views this purchase as a long-term investment, citing NSEIL's strong fundamentals and leading market position as key factors in their decision.

About the National Stock Exchange of India Limited

NSEIL, incorporated in 1992 and recognized as a stock exchange by SEBI in April 1993, has established itself as a cornerstone of India's financial markets. According to the latest available financial data:

These figures underscore NSEIL's robust financial position and its significant role in India's financial ecosystem.

Investment Rationale

Cheviot Company's decision to invest in NSEIL aligns with a strategy focused on long-term value creation. The company has emphasized that this acquisition was made without any intention to acquire control, given the minimal shareholding percentage.

It's worth noting that while the investment amount exceeds certain regulatory thresholds, necessitating disclosure under Regulation 30 of the Listing Regulations, it does not signify a material impact on Cheviot Company's overall holdings.

Market Implications

This transaction, while small in scale, reflects the continued interest of corporate entities in India's premier stock exchange. It underscores the perceived value and growth potential of NSEIL in the eyes of institutional investors.

As the Indian financial markets continue to evolve and expand, such investments by companies like Cheviot in key market infrastructure could potentially contribute to the overall stability and growth of the ecosystem.

Investors and market watchers will likely keep an eye on any future developments or similar moves by other companies, as they may indicate broader trends in corporate investment strategies within India's financial sector.