Hindustan Zinc appoints Amarendu Prakash as CEO-Designate

1 min read     Updated on 19 Jun 2026, 02:55 PM
scanx
Reviewed by
Anirudha BScanX News Team
AI Summary

Hindustan Zinc announced the appointment of Mr. Amarendu Prakash as Chief Executive Officer-Designate effective June 19, 2026, following Board approval. Mr. Prakash, a former Chairman & Managing Director of SAIL, brings over three decades of experience in operations and strategic management to the role.

powered bylight_fuzz_icon
43406555

*this image is generated using AI for illustrative purposes only.

Hindustan Zinc has appointed Mr. Amarendu Prakash as its Chief Executive Officer-Designate effective June 19, 2026. The appointment, approved by the Board of Directors on the recommendation of the Nomination and Remuneration Committee, brings in a leader with over three decades of experience in the steel industry to drive the company's strategic agenda.

Leadership Profile

Mr. Amarendu Prakash is a distinguished leader with extensive experience spanning operations, project execution, technology, and strategic management. He served as the former Chairman & Managing Director of Steel Authority of India Limited (SAIL), where he spearheaded the company's transformation agenda, focusing on capacity expansion, operational excellence, digitalization, and sustainability initiatives.

Professional Background

Prior to his tenure as Chairman & Managing Director, Mr. Prakash held several key leadership positions within SAIL. He served as Director (In-Charge) of the Burnpur and Bokaro Steel Plants. A Metallurgical Engineer from BIT Sindri, he joined SAIL in 1991 and has been instrumental in shaping the organization's growth and competitiveness.

The following table outlines the key details of Mr. Prakash's appointment:

Parameter Details
Appointee Mr. Amarendu Prakash
Designation Chief Executive Officer-Designate
Company Hindustan Zinc
Effective Date June 19, 2026
Previous Role Former Chairman & Managing Director, SAIL

Historical Stock Returns for Hindustan Zinc

1 Day5 Days1 Month6 Months1 Year5 Years
-1.38%+3.40%-11.46%-4.83%+24.46%+71.34%

How will Mr. Prakash's steel industry expertise translate to Hindustan Zinc's zinc and lead operations?

What strategic shifts can investors expect under his leadership regarding capacity expansion and digitalization?

Will the company accelerate its sustainability initiatives given his track record at SAIL?

Hindustan Zinc signs MoU with Sulfozyme Agro for Zinc Park

1 min read     Updated on 10 Jun 2026, 11:43 AM
scanx
Reviewed by
Shriram SScanX News Team
AI Summary

Hindustan Zinc Limited has signed an MoU with Sulfozyme Agro India Pvt. Ltd. under the Zinc Industrial Park initiative in Bhilwara, Rajasthan, to advance sustainable metal recovery. The partnership aims to strengthen the downstream zinc sector through assured raw material supply and ecosystem support, fostering MSME growth and circular economy principles.

powered bylight_fuzz_icon
42617523

*this image is generated using AI for illustrative purposes only.

Hindustan Zinc Limited has partnered with Sulfozyme Agro India Pvt. Ltd. under its Zinc Industrial Park initiative to advance sustainable metal recovery and strengthen the downstream zinc sector. The collaboration, formalized through a Memorandum of Understanding (MoU) on June 10, 2026, aims to promote eco-friendly metal recovery and resource efficiency. This strategic move is designed to bolster the MSME ecosystem and foster industrial growth in Rajasthan by integrating sustainable practices into the zinc value chain.

Zinc Park Project Details

The Zinc Industrial Park is located at Khankhala in the Bhilwara district of Rajasthan. Developed in collaboration with RIICO (Rajasthan State Industrial Development and Investment Corporation), the park serves as a dedicated downstream manufacturing hub. It offers ready-to-use infrastructure and proximity to raw material supply to attract zinc customers, processors, and MSMEs.

Parameter Details
Company Hindustan Zinc Limited
Partner Sulfozyme Agro India Pvt. Ltd.
Project Location Khankhala, Bhilwara, Rajasthan
Objective Sustainable metal recovery and downstream value addition

Strategic Collaboration and Sustainability

Under the agreement, Sulfozyme Agro will establish operations at the park to process zinc-based materials into value-added products. Hindustan Zinc will support the venture through assured raw material linkage and long-term ecosystem support. The initiative aligns with the company's vision of building a circular economy and positioning Rajasthan as a leading manufacturing hub for zinc-based industries. The project was initially proposed at the Rising Rajasthan Global Investment Summit in December 2024.

Speaking on the development, Mr. Arun Misra, CEO of Hindustan Zinc, emphasized the company's focus on innovation and resource efficiency. He stated that the partnership reflects a commitment to strengthening the circular economy and enabling downstream value creation through the Zinc Industrial Park platform.

Historical Stock Returns for Hindustan Zinc

1 Day5 Days1 Month6 Months1 Year5 Years
-1.38%+3.40%-11.46%-4.83%+24.46%+71.34%

What is the projected timeline for Sulfozyme Agro to commence commercial operations at the Zinc Industrial Park?

How will this partnership impact Hindustan Zinc's financial performance and revenue streams in the next fiscal year?

What additional downstream companies are expected to join the Zinc Industrial Park following this MoU?

More News on Hindustan Zinc

1 Year Returns:+24.46%