Cheviot Company Limited has disclosed the acquisition of equity shares in Hindalco Industries Limited (HIL) through the stock exchange mechanism. The company purchased 24,000 equity shares of HIL on December 23, 2025, at a price of ₹864.7846 per share, amounting to a total consideration of approximately ₹2.08 crore. This acquisition is intended for long-term investment, with no intention to acquire control over Hindalco Industries. The shares were purchased from the secondary market, driven by a belief in HIL's strong fundamentals and leading market position. Hindalco Industries, incorporated in 1958, is engaged in the manufacturing of metal and metal products. As of March 31, 2025, HIL reported a total equity of ₹70,206 crore, revenue from operations of ₹93,309 crore, and a profit of ₹6,387 crore on a standalone basis. Cheviot Company Limited currently holds an aggregate of 84,000 equity shares of HIL. While the holding remains below 0.01% of the total share capital of HIL and has no material impact on Cheviot's operations, the value of the acquisition exceeded the threshold specified under Regulation 30(4)(i)(c) of the Listing Regulations, necessitating this disclosure. The promoter and promoter group of Cheviot Company Limited have no interest in the target entity, and the acquisition is not a related party transaction. The acquisition involves a cash consideration, and no specific governmental or regulatory approvals are required. The purchase of shares is part of Cheviot's Non-Current Investments.