Hindalco Industries’ proposed acquisition of US-based AluChem Companies has been temporarily paused following a partial shutdown of the United States federal government. The update was shared in a filing dated February 26, 2026.
The delay comes from the ongoing review by the Committee on Foreign Investment in the United States (CFIUS), whose statutory timelines have now been formally suspended. The review is a mandatory step in cross-border transactions involving industrial assets.
The company had earlier submitted both short-form and long-form declarations to CFIUS as part of the regulatory clearance process for the acquisition. However, the federal shutdown has interrupted the functioning of agencies involved in the review framework.
As a result, the statutory clock governing the evaluation process has effectively stopped, leaving the transaction in a holding pattern.
At present, there is no clarity on when normal operations will resume, making it difficult to determine when the review and consequently the acquisition may move forward.
The acquisition is being undertaken by Aditya Holdings LLC, a step-down wholly owned subsidiary of Hindalco Industries Limited.
Despite the pause, the broader terms of the proposed deal remain unchanged from earlier disclosures made in June 2025. The latest update does not signal any alteration to the strategic intent or structure of the transaction itself.
The company has stated that further communication will follow once there are material developments in the review process or upon its eventual completion.
The update was issued under Regulation 30 of SEBI’s Listing Obligations and Disclosure Requirements, alongside applicable master circular provisions.
The development shows the wider impact of administrative disruptions in the US, where federal shutdowns can affect timelines tied to national security reviews and investment approvals.
As of February 27, 2026, 12:04 pm, Hindalco Industries share price was trading at ₹933.30, a 0.85% decrease from the previous close.
With regulatory timelines suspended, the AluChem acquisition remains pending until the US review process resumes. For now, progress on the transaction is tied to the resolution of the federal shutdown and the restart of CFIUS proceedings.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
Investments in the securities market are subject to market risks, read all the related documents carefully before investing.
Published on: Feb 27, 2026, 12:15 PM IST
Team Angel One
We're Live on WhatsApp! Join our channel for market insights & updates
Get the link to download the App
