Hindustan Copper Limited has announced a major capacity expansion with its board approving the construction of a new copper concentrate plant at the Malanjkhand Copper Project in Madhya Pradesh. The decision was taken during the company's 461st board meeting held on March 30, 2026.

Project Details and Financial Commitment

The board has sanctioned the construction of a 3.0 MTPA (Million Tonnes Per Annum) copper concentrate plant with significant financial implications for the company.

Board Meeting Proceedings

The 461st board meeting of Hindustan Copper Limited commenced at 10:30 AM and concluded at 3:45 PM on March 30, 2026. During this meeting, directors approved the proposal to place the work order with Ardee Engineering Limited for the turnkey construction of the new facility.

Strategic Significance

The Malanjkhand Copper Project represents one of India's significant copper mining operations, and this expansion aligns with the company's growth strategy. The new 3.0 MTPA copper concentrate plant will enhance the processing capabilities at the facility, potentially increasing the overall production capacity of the project.

Regulatory Compliance

The announcement was made in compliance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Company Secretary and Compliance Officer Mritunjay Kumar Dev signed the disclosure document, ensuring proper regulatory adherence for this material development.

This expansion project represents a substantial investment in India's copper processing infrastructure and demonstrates Hindustan Copper Limited's commitment to enhancing its operational capabilities in the domestic copper sector.

Hindustan Copper has announced the continuation of additional charge arrangements for its Director (Mining) position, following government directives issued as an interim measure. The company informed stock exchanges on March 23, 2026, about the extension of current leadership arrangements.

Leadership Continuity Arrangement

Shri Sanjeev Kumar Sinha, Director (Operations) at Hindustan Copper Limited, will continue to hold the additional charge of Director (Mining) beyond March 21, 2026. This extension serves as an interim measure following Order No. Met3-10/1/2025-METAL III dated March 20, 2026, issued by the Ministry of Mines, Government of India.

Background and Approval Process

The Ministry of Mines had previously extended Sinha's additional charge for six months from September 22, 2025, to March 21, 2026, through an earlier order dated November 19, 2025. The Ministry submitted a proposal for further extension to the Department of Personnel and Training on February 11, 2026, with approval still pending.

As an interim measure while awaiting formal approval, the Ministry directed the continuation of the additional charge arrangement beyond the original expiry date.

Executive Profile and Qualifications

Dr. Sanjeev Kumar Sinha joined as Director (Operations) of Hindustan Copper Limited on March 9, 2025, and assumed additional charge of Director (Mining) from March 28, 2025. His educational qualifications include:

• Mining Engineering degree from Nagpur University
• MBA (HR) from IGNOU
• PhD in Mining Engineering from IIT(ISM) Dhanbad (2018)
• 1st Class Manager certification under MMR 1961

Professional Experience and Expertise

Dr. Sinha brings over 25 years of experience from NMDC Limited, where he held various leadership positions including Head of Mine Planning and Chief of Internal Safety Organization. His expertise spans multiple areas of mining operations:

• Planning, production, and processing operations
• Lease acquisition and additional area allotments
• Mine planning software implementation (Surpac, MineSched, Whittle)
• Development of projects with estimated costs around Rs. 27,000.00 crore

His research work focused on "Planning Strategies for Enhancing Mine Life vis-a-vis NPV for an Heterogenous Iron Ore Deposit," addressing critical challenges in mineral resource management and mine life optimization.

Compliance and Regulatory Disclosure

The company confirmed that Shri Sinha is not related to any other Board members, Key Managerial Personnel, or their relatives. He is also not debarred from holding director positions by SEBI or any other regulatory authority. This announcement was made pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, ensuring proper disclosure to stakeholders and market participants.