Hindalco Industries has announced that its acquisition of AluChem Companies, Inc. faces temporary delays due to the ongoing US federal government shutdown. The company informed stock exchanges on February 26, 2026, that the shutdown has significantly impacted the regulatory approval process for this strategic acquisition.

CFIUS Review Process Disrupted

The partial shutdown of the US federal government has tolled the statutory timelines under the Committee on Foreign Investment in the United States (CFIUS) review framework. This development directly affects the ongoing CFIUS review process for Hindalco's proposed acquisition of AluChem Companies, Inc. through its step-down wholly owned subsidiary, Aditya Holdings LLC.

Previous Regulatory Filings

Hindalco had previously filed the necessary documentation with CFIUS, including both a short-form declaration and subsequently a long-form declaration. The company has been providing regular updates to stock exchanges regarding the acquisition progress, with previous intimations dated June 24, 2025, October 23, 2025, and February 11, 2026.

Current Transaction Status

The acquisition transaction remains in a holding pattern due to the regulatory review suspension. Key aspects of the current situation include:

• Both the CFIUS review and related transaction are temporarily halted
• No definitive timeline is available for the government shutdown's conclusion
• All other transaction details remain unchanged from the original June 24, 2025 announcement
• The company will provide updates upon material developments or review completion

Regulatory Compliance and Disclosure

The update was issued in compliance with Regulation 30 of the Securities Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. Company Secretary and Compliance Officer Geetika Anand signed the disclosure, ensuring transparency with stakeholders across multiple stock exchanges including BSE Limited, National Stock Exchange of India Limited, and Luxembourg Stock Exchange.

Hindalco has committed to providing further updates as material developments occur or upon completion of the CFIUS review process, maintaining transparency throughout this regulatory delay period.

Hindalco Industries Limited has announced changes in its Senior Management Personnel structure, with Mr. Senthil Nath set to cease his role as Senior Management Personnel effective March 2, 2026. The announcement was made on February 26, 2026, in compliance with Regulation 30 of the Securities Exchange Board of India Listing Obligations and Disclosure Requirements Regulations, 2015.

Management Transition Details

The company has informed stock exchanges that Mr. Senthil Nath's cessation from his Senior Management Personnel position is due to an internal role change rather than resignation or termination. This transition represents a restructuring within the organization's management hierarchy.

Regulatory Compliance

The announcement has been made pursuant to multiple regulatory requirements including Regulation 30 of the SEBI Listing Regulations, SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024, and other applicable guidelines. The disclosure has been communicated to all relevant stock exchanges where the company's securities are listed.

Stock Exchange Notifications

Hindalco Industries has formally notified the following exchanges about the management change:

• BSE Limited (Scrip Code: 500440)
• National Stock Exchange of India Limited (Scrip Code: HINDALCO)
• Luxembourg Stock Exchange (Scrip Code: US4330641022)

The company has confirmed that complete details of this management change are being made available on its official website at www.hindalco.com . Company Secretary and Compliance Officer Geetika Anand has signed the regulatory filing, ensuring proper documentation and compliance with all applicable regulations.