Hindustan Copper has scheduled its 59th Annual General Meeting for September 23, 2026. The board of directors recommended a final dividend of ₹1.86 per equity share with a face value of ₹5 for the fiscal year ending March 2026.

The payout is subject to shareholder approval at the meeting. Dividends will be paid within 30 days of declaration to members on record as of September 16, 2026. In compliance with SEBI regulations effective November 2025, the company will distribute dividends exclusively through electronic payment methods approved by the Reserve Bank of India.

Meeting and Voting Details

The AGM will be conducted via Video Conferencing or Other Audio Visual Means (VC/OAVM). The company is facilitating remote e-voting through National Securities Depository Ltd (NSDL).

Members holding shares in physical or dematerialized form as on the cut-off date may cast their votes. Login details for e-voting will be sent to registered email addresses. Shareholders without registered emails are requested to update their details with their Depository Participant or Registrar and Transfer Agent.

Tax and Compliance

Dividend income is taxable in the hands of shareholders under the Income Tax Act. The company will deduct Tax Deducted at Source (TDS) at the time of payment. Investors are advised to update their residential status, PAN, and category details by September 23, 2026, to avoid delays.

The Ministry of Mines has announced an Offer for Sale (OFS) of up to 6% equity shares in Hindustan Copper . The bidding process is scheduled to commence on August 25, 2026, with a floor price of ₹514 per share.

Offer Structure

The promoter, represented by the President of India through the Ministry of Mines, proposes to sell a base offer size of 2,90,10,721 equity shares, representing 3% of the total issued and paid-up equity capital. This initial tranche will be available exclusively to non-Retail Investors on August 25, 2026 (T day).

Upside Option

The government retains an oversubscription option to sell an additional 2,90,10,721 shares (3% stake) if demand warrants it. This brings the potential total sale to 6% of the company’s equity. The decision to exercise this option will be intimated to the stock exchanges after trading hours on T day.

Bidding Timeline

The offer will be conducted over two trading days via a separate window on the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE):

• August 25, 2026 (T day): Open for non-Retail Investors only.
• August 26, 2026 (T+1 day): Open for Retail Investors, Employees, and non-Retail Investors carrying forward un-allotted bids.

Settlement for all bids received on both days will take place on August 27, 2026, due to a clearing holiday on August 26.

Allocation and Pricing

Allocation will follow a price priority basis at multiple clearing prices. Key structural details include:

• Floor Price: ₹514 per equity share.
• Retail Reservation: Minimum 10% of offer shares reserved for Retail Investors.
• Employee Offer: 25,000 shares reserved for eligible employees, with a bid limit of ₹500,000 per employee.
• Institutional Reservation: Minimum 25% of offer shares reserved for Mutual Funds and Insurance Companies.

Retail Investors may bid at any price above the floor price or at the cut-off price. There is no retail discount applicable to this offer.

What the Numbers Show

The structure of the divestment indicates a flexible approach to stake reduction. By capping the initial offer at 3% while reserving an optional 3% top-up, the government can gauge market appetite before committing to the full 6% potential sale. The ₹514 floor price serves as a critical reference point for valuing the company’s equity in this specific transaction.