Hindustan Copper Limited has formally completed the boardroom transition initiated by the Ministry of Mines, Government of India, with the Board of Directors according approval by way of resolution by circulation for the appointment of Shri Kulveer Singh Yadav, Joint Secretary, Ministry of Mines, as a part-time Official (Government Nominee) Director. The appointment takes effect from 07.05.2026, the date of allotment of his Director Identification Number (DIN), replacing Shri Shakil Alam, EA, Ministry of Mines, and remains valid until further orders.

Board Appointment Details

The Ministry of Mines had initially conveyed the appointment vide File No. 31/3/2020-Met.I dated 04.05.2026, in terms of Article 70 of the Articles of Association of Hindustan Copper Limited, with the approval of the competent authority. The order was issued from GPOA-3, Netaji Nagar, Bhikaji Cama Place, New Delhi, and signed by Mukesh Kumar, Under Secretary to the Government of India. Subsequently, the Board of Directors of Hindustan Copper Limited accorded formal approval pursuant to the provisions of Section 161(3) of the Companies Act, 2013 and other applicable rules and regulations. The key details of the appointment are summarised below:

Profile of the Appointee

Shri Kulveer Singh Yadav is a senior officer of the 2002-batch Indian Ordnance Factories Service (IOFS), empanelled at the Joint Secretary level. He brings extensive experience in general management, defence manufacturing, production, and policy implementation. He has played a key role in major strategic programmes of the Ordnance Factories Board, including the indigenous development and production of the Dhanush 155mm/45-calibre Howitzer. His expertise in industrial operations, public sector governance, and strategic project execution is expected to contribute to Hindustan Copper's Board. Shri Yadav is not related to any of the Members of the Board of Directors or Key Managerial Personnel of the Company or their relatives, and is not debarred from holding the office of Director by virtue of any SEBI order or any other such authority.

Regulatory Compliance

The intimation was submitted to BSE Limited and the National Stock Exchange of India Ltd pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended, read with the SEBI Master Circular dated 30.01.2026. The disclosure was signed by Mritunjay Kumar Dev, Company Secretary and Compliance Officer of Hindustan Copper Limited, on 07.05.2026. Hindustan Copper Limited has stated that the necessary statutory formalities related to the appointment are being completed, and the requisite disclosures and details as required under Regulation 30 will be communicated to the exchanges in due course.

Hindustan Copper Ltd has notified the stock exchanges of a forthcoming Board of Directors meeting scheduled for May 15, 2026, in compliance with Regulation 29 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The meeting will take up several significant agenda items, including the approval of financial results for the quarter and year ended March 31, 2026, and key capital-raising proposals.

Key Agenda Items for the Board Meeting

The board meeting on May 15, 2026 is set to deliberate on a broad range of financial and corporate matters. The following table summarises the key agenda items:

Financial Results and Dividend Consideration

The board will consider the approval of Hindustan Copper's standalone and consolidated financial results for the quarter and full year ended March 31, 2026. Alongside the financial results, the board will also deliberate on a recommendation to seek shareholder approval for the payment of a final dividend for Financial Year 2025-26. The specific dividend quantum will be subject to shareholder approval at the appropriate forum.

Capital Raising Proposals

Two significant fund-raising proposals are on the board's agenda. The first involves a Qualified Institutional Placement (QIP), under which the board will recommend seeking shareholder approval to issue up to 9,69,76,680 equity shares of face value ₹5/- each, in one or more tranches. The second proposal pertains to the issuance of secured or unsecured non-convertible debentures (NCDs) or bonds on a private placement basis, up to a limit of ₹500 crore.

Trading Window Closure

In line with the Company's Code of Fair Disclosure and Code of Conduct to regulate, monitor, and report trading by insiders, the Trading Window for dealing in the shares of Hindustan Copper has already been closed. As per the intimation issued vide Letter No. HCL/SCY/SE/2026 dated March 25, 2026, the Trading Window shall remain closed until May 17, 2026 for Designated Persons and their immediate relatives.

The exchange intimation was submitted by Mritunjay Kumar Dev, Company Secretary and Compliance Officer of Hindustan Copper Ltd, on May 7, 2026.