Hindustan Zinc, a prominent Vedanta Group company, has taken a significant step towards diversifying its mineral portfolio by securing a composite license for tungsten exploration and mining in Andhra Pradesh. This strategic move marks the company's expansion beyond its traditional focus on zinc, lead, and silver, venturing into the realm of critical minerals essential for advanced manufacturing.

Key Developments

• License Acquisition: Hindustan Zinc has been awarded a composite license by the Andhra Pradesh government for tungsten exploration and mining.
• Bidding Process: The company emerged as the successful bidder through a competitive auction conducted by the central government.
• Strategic Diversification: This move aligns with Hindustan Zinc's strategy to expand into high-value minerals crucial for advanced manufacturing processes.

Implications for Hindustan Zinc

The acquisition of this tungsten mining license represents a notable shift in Hindustan Zinc's operational focus. Here's a breakdown of the potential impact:

Tungsten: A Critical Mineral

Tungsten is classified as a critical mineral due to its unique properties and applications in various industries:

• Properties: High melting point, excellent electrical conductivity, and extreme hardness
• Applications: Used in aerospace, defense, electronics, and high-tech manufacturing
• Strategic Importance: Essential for many advanced technologies and industrial processes

This move by Hindustan Zinc could potentially strengthen India's position in the global critical minerals market, reducing dependence on imports for this valuable resource.

As the company embarks on this new venture, stakeholders will be keenly watching how Hindustan Zinc leverages its expertise in mining operations to develop and exploit this tungsten resource. The success of this project could pave the way for further diversification and growth opportunities in the critical minerals sector.

Hindustan Petroleum Corporation Ltd (HPCL) has declared an interim dividend of Rs 5 per equity share for the financial year 2025-26. This announcement comes as part of a series of dividend declarations by several companies, all sharing the same record date.

Dividend Details

Key Dates for Shareholders

Shareholders should note that November 4, 2025, is the final date to purchase HPCL shares to be eligible for this dividend. The record date is set for November 6, 2025, with markets closed on November 5 for Guru Nanak Gurpurab.

Other Companies Announcing Dividends

Several other companies have also declared interim dividends with the same record date of November 6, 2025:

Investors interested in these dividends should ensure they complete their share purchases by the respective last purchase dates, which may vary for each company.

This wave of dividend announcements provides an opportunity for investors to potentially benefit from multiple dividend payouts. However, it's important for shareholders to consider their investment strategies and tax implications when making decisions based on these dividend declarations.