Hindustan Copper Limited has announced the cessation of directorship of Shri Avinash Janardan Bhide as part-time non-official Independent Director, effective 31.03.2026. The company informed both BSE and NSE about this corporate governance development through an official communication dated 31.03.2026.

Director Tenure Completion

Shri Avinash Janardan Bhide ceased to be part-time non-official Independent Director of Hindustan Copper Limited upon completion of his tenure on 31.03.2026. The cessation occurred in accordance with Order No. Met.3-10/2/2020-Met.III dated 01.04.2025 issued by the Ministry of Mines, Government of India.

Government Appointment Order

The Ministry of Mines order dated 01.04.2025 reveals that Shri Avinash Janardan Bhide was appointed as Non-Official Director on the Board of Directors of Hindustan Copper Limited for a period of one year from the date of notification of his appointment. The appointment was made in pursuance of Article 70 of the Articles of Association of Hindustan Copper Limited, with the President's approval.

Regulatory Compliance

The announcement was made pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Company Secretary and Compliance Officer Mritunjay Kumar Dev signed the disclosure document, ensuring compliance with stock exchange notification requirements.

Communication Details

The official communication was addressed to both major stock exchanges where Hindustan Copper Limited shares are listed. The company provided its BSE Scrip Code as 513599 and NSE Symbol as HINDCOPPER in the correspondence. The disclosure ensures transparency regarding board composition changes for investor information and regulatory compliance.

Hindustan Copper Limited has announced a key senior management designation following its Board of Directors meeting. The company designated Shri Ajay Chandraker as Head of Department of Materials, Contracts and Marketing, marking a significant organizational development.

Board Meeting Details

The designation was formalized during the company's 461st Board meeting held on March 30, 2026. The meeting commenced at 10:30 AM and concluded at 03:45 PM, during which the Board made this strategic appointment.

Leadership Designation

Shri Ajay Chandraker, who previously served as General Manager (Materials, Contracts and Marketing) at HCL, has been designated to the position of Head of Department of Materials, Contracts and Marketing. This role is classified under the 'Senior Management' category within the company's organizational structure.

The company has confirmed that Shri Chandraker is not related to any Director or Key Managerial Personnel of HCL and their relatives, ensuring independence in the appointment.

Professional Background

Shri Chandraker brings extensive experience to his new role, with a distinguished career spanning 32 years in the steel industry. His professional credentials include:

Areas of Expertise

Shri Chandraker's wide-ranging experience encompasses several critical areas of materials management:

• Material Management Department operations
• Procurement processes and optimization
• Inventory optimization strategies
• ERP implementation and management
• GeM (Government e-Marketplace) Procurement
• Vendor development and management

Regulatory Compliance

The designation announcement was made in compliance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The disclosure was submitted to both BSE Limited and National Stock Exchange of India Limited for information and record purposes.

This senior management change reflects Hindustan Copper Limited's commitment to strengthening its leadership team with experienced professionals who can drive operational excellence in critical departments such as materials management and marketing.