Hindustan Zinc Limited has successfully completed its postal ballot process for appointing a Government Nominee Director to its Board. The company informed BSE Limited and National Stock Exchange of India Limited on April 13, 2026, that shareholders have approved the appointment of Mr. Sandeep Vasant Kadam (DIN: 08414389) as Government Nominee Director (Non-Executive) with overwhelming support.

Voting Results and Participation

The postal ballot process, conducted entirely through remote e-voting, demonstrated strong shareholder participation and support for the proposed appointment.

Category-wise Voting Pattern

The voting results showed varied support across different shareholder categories, with promoters providing unanimous backing for the ordinary resolution.

Regulatory Compliance and Process

The postal ballot process was conducted in full compliance with regulatory requirements under the Companies Act, 2013 and SEBI LODR Regulations. The company dispatched postal ballot notices via email to 891911 shareholders on March 11, 2026, and published advertisements in "Financial Express" and "Pratahkal" newspapers on March 12, 2026.

Scrutinizer's Confirmation

Mr. Manoj Maheshwari, Practicing Company Secretary (Membership No. FCS 3355), served as the appointed Scrutinizer for the postal ballot process. In his report dated April 13, 2026, he confirmed that the ordinary resolution was passed with the requisite majority. The scrutinizer was appointed by the Board of Directors through a circular resolution on February 18, 2026.

The voting results and scrutinizer's report are available on the company's website at www.hzlindia.com and NSDL's e-voting portal. The appointment becomes effective from April 10, 2026, the last date specified for receipt of remote e-voting. The company has fulfilled all disclosure requirements under Regulation 30 and 44 of SEBI LODR Regulations by informing both stock exchanges about the voting results.

Hindustan Zinc Limited has been declared the successful bidder for a significant potash and halite block in Rajasthan, marking a strategic expansion in the critical minerals sector. The company emerged as the winning bidder in the government's Critical Mineral Auctions Tranche V, demonstrating its commitment to diversifying its mineral portfolio beyond traditional zinc operations.

Auction Details and Winning Bid

The Ministry of Mines, Government of India, conducted the e-auction process following its Notice Inviting Tender dated January 20, 2025. Hindustan Zinc participated in the competitive bidding process and secured the block with the highest final price offer.

Block Specifications and Strategic Importance

The Jhandawali-Satipura Amalgamated Potash and Halite Block represents a significant addition to Hindustan Zinc's mineral assets. Located in Rajasthan, the block covers an extensive area of 1841.22 hectares and is currently at G3 level of exploration, indicating preliminary geological assessment has been completed.

Potash is a critical mineral used primarily in fertilizer production, making it essential for agricultural applications. Halite, commonly known as rock salt, has various industrial applications including chemical processing and de-icing operations.

Regulatory Compliance and Next Steps

The company received official notification of its successful bid on April 12, 2026, at 05:32 PM IST. As per the tender requirements, a Composite License deed will be executed in favor of Hindustan Zinc Limited, granting the company comprehensive mining rights for the block.

The announcement was made in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, ensuring transparent disclosure to stakeholders and the investment community.

Government Initiative for Critical Minerals

This auction forms part of the government's broader initiative to boost domestic production of critical and strategic minerals. The Critical Mineral Auctions Tranche V represents the government's continued efforts to attract private sector participation in the mining of essential minerals required for various industrial applications and national security purposes.