Acquisition

August 21, 2026 BSE Limited National Stock Exchange of India Limited Luxembourg Stock Exchange Scrip Code: 500440 Scrip Code: HINDALCO Scrip Code: US4330641022 Sub: Incorporation of UHG Holdings IFSC Private Limited. Ref: a. Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015; b. SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2024 [“SEBI Circular”] and c. ISIN: INE038A01020. Pursuant to the above referred, please be informed that UHG Holdings IFSC Private Limited has been incorporated in International Financial Services Centre (IFSC) at Gujarat International Finance Tec-City (GIFT City) on August 20, 2026, under Corporate Identification Number U64910GJ2026PTC182701, as an associate of the Company. Brief details, in accordance with the SEBI Circular: Particulars Remarks a. Name of the target company, details in brief : i. Name: UHG Holdings IFSC Private Limited [“UHG such as size, turnover, etc. Holdings”] ii. Date of Incorporation: August 20, 2026 iii. Turnover: Not Applicable since it is a newly incorporated entity b. Whether the acquisition would fall within : The Company has been incorporated jointly by related party transaction(s) and whether the Hindalco Industries Limited, UltraTech Cement Limited promoter/promoter group/ group and Grasim Industries Limited (Promoter Group companies have any interest in the entity Company). being acquired? If yes, nature of interest and details thereof Consequent to the incorporation, UHG Holdings has and whether the same is done at “arm’s become a related party of the Company. length” c. Industry to which the entity being acquired : UHG Holdings has been incorporated in the GIFT belongs City, Gujarat, to be governed by the International Financial Services Centres Authority Act, 2019, International Financial Services Centres Authority (Finance Company) Regulations, 2021, and the Framework issued by the IFSCA, from time to time. d. Objects and impact of acquisition (including but : UHG Holdings has been incorporated to strengthen not limited to, disclosure of reasons for acquisition of the business and operational network of the target entity, if its business is outside the main line of Company. business of the listed entity) e. Brief details of any governmental or : UHG Holdings will seek International Financial regulatory approvals required for the Services Centres Authority (IFSCA) approval. acquisition Page 1 of 2 Hindalco Industries Limited Registered Office: 21st Floor, One Unity Center, Senapati Bapat Marg, Prabhadevi, Mumbai – 400013, India |T: +91 22 69477000 / 69477150 I F: +91 2269477001/69477090 W: www.hindalco.com |E: hilinvestors@adityabirla.com | Corporate ID No.: L27020MH1958PLC011238 Particulars Remarks f. Indicative time period for completion of the : Not Applicable acquisition g. Consideration -whether cash consideration or : Details of consideration, cost and percentage of share swap or any other form and details of shareholding are as below: the same; Subscriber No. of Face Consideration % shareholding h. Cost of acquisition and/or the price at which shares Value (in Rs.) (in Rs.) the shares are acquire Hindalco 50,000 10 5,00,000 50% Industries Limited i. Percentage of shareholding / control : UltraTech 41,000 10 4,10,000 41% Cement acquired and / or number of shares acquired Limited & cost of acquisition and/or the price at Grasim 9,000 10 90,000 9% Industries which the shares are acquired Limited j. Brief background about the entity acquired : UHG Holdings has been incorporated with the in terms of products/line of business acquired, object to purchase, lease / sub lease, charter, hire, own, operate, etc., aircrafts, ships, ocean vessels, date of incorporation, history of last 3 years’ and other modes of transportation, as provided and turnover, country in which the acquired entity in accordance with the applicable regulations in has presence and any other significant IFSC jurisdiction. information Date of incorporation: August 20, 2026 Turnover (last three years) (Rs. in crores): Not Applicable Country: India (GIFT City, Gujarat) This is also made available on the website of the Company www.hindalco.com The above is for your information and dissemination. Sincerely, or Hindalco Industries Limited Geetika Anand Company Secretary and Compliance Officer Page 2 of 2 Hindalco Industries Limited Registered Office: 21st Floor, One Unity Center, Senapati Bapat Marg, Prabhadevi, Mumbai – 400013, India |T: +91 22 69477000 / 69477150 I F: +91 2269477001/69477090 W: www.hindalco.com |E: hilinvestors@adityabirla.com | Corporate ID No.: L27020MH1958PLC011238