Novelis receives $750M equity investment from parent Hindalco subsidiary at $150/share

Novelis Inc.

AV Minerals (Netherlands) N.V., sole shareholder and Hindalco subsidiary, purchased 5M common shares.
Total investment of $750M at $150 per share; closing occurred December 23, 2025.
Shares sold under Section 4(a)(2) / Regulation D exemption; not registered under Securities Act.
No other material terms disclosed beyond the subscription agreement.

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

Novelis Inc. entered into subscription agreement with AV Minerals (Netherlands) N.V. valued at $750 million (effective 2025-12-23).

Action: entry
Agreement: equity purchase
Counterparty: AV Minerals (Netherlands) N.V.
Value: $750 million
Effective: 2025-12-23

Exact text from the filing

On December 23, 2025, Novelis Inc. (the “Company”) entered into a subscription agreement with AV Minerals (Netherlands) N.V. (“AV Minerals”), the Company’s sole shareholder and a wholly owned subsidiary of Hindalco Industries Limited, pursuant to which AV Minerals agreed to purchase 5,000,000 of the Company’s common shares, no par value per share, for $750 million at a price of $150 per share.

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Source: SEC EDGAR

accession 0001304280-25-000058

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