Cheviot Company Limited has disclosed the acquisition of equity shares in Hindalco Industries Limited (HIL) through the stock exchange mechanism, classifying it as a strategic investment for the long term. The purchase was made with no intention of acquiring control over HIL. HIL, incorporated in 1958, operates in the metal and metal products manufacturing sector. As of March 31, 2025, HIL reported total equity of ₹70,206 crore, revenue from operations of ₹93,309 crore, and a profit of ₹6,387 crore on a standalone basis. The acquisition involves a cash consideration. Cheviot Company acquired 12,000 shares on December 18, 2025, at an average price of 848.9833; 30,000 shares on December 17, 2025, at an average price of 848.1344; and 18,000 shares on December 16, 2025, at an average price of 835.7675. Following these transactions, Cheviot Company holds an aggregate of 60,000 equity shares of HIL, representing a holding below 0.01% of the total share capital. The company stated that the promoter or promoter group has no interest in Hindalco Industries Limited, and the acquisition is conducted at arm's length. While the direct holding is minimal, the value of the acquisition exceeded the threshold specified by SEBI regulations, necessitating this disclosure. Cheviot Company Limited views this investment positively due to HIL's strong fundamentals and market position.