Terrabel Empreedimentos Ltda entered into agreement to acquire Hindalco Do Brasil Industria E Comercio De Alumina Ltda. from Hindalco Industries Limited (BSE:500440) for BRL 1 on February 24, 2022. As on March 31, 2021, Hindalco Do Brasil Industria E Comercio De Alumina Ltda. generated net worth of BRL 44.6 million. The transaction is expected to complete on March 3, 2022.

Terrabel Empreedimentos Ltda completed the acquisition of Hindalco Do Brasil Industria E Comercio De Alumina Ltda. from Hindalco Industries Limited (BSE:500440) on June 2, 2022.