Hindustan copper Ltd. witnessed a significant block trade on the National Stock Exchange (NSE), with the transaction valued at Rs. 21.67 crores. The large-scale trade reflects substantial institutional activity in the copper mining company's shares.

Transaction Details

The block trade involved the following key parameters:

Market Implications

Block trades are typically executed by institutional investors, mutual funds, or large stakeholders looking to buy or sell substantial quantities of shares without impacting the regular market price. These transactions are conducted outside the normal trading mechanism to ensure minimal market disruption.

The execution price of Rs. 601.30 per share represents the agreed-upon rate between the buyer and seller for this bulk transaction. Such trades often indicate strategic portfolio movements or significant investor interest in the company's prospects.

About the Transaction

The transaction volume of approximately 360,405 shares represents a considerable stake in Hindustan Copper Ltd., highlighting the scale of institutional participation. Block deals are pre-negotiated transactions that allow large investors to trade significant volumes efficiently while maintaining market stability.

Hindustan Copper Limited has secured a major mining opportunity after being declared the preferred bidder for the Baghwarikhirkhori Copper and Associated Mineral Block in Madhya Pradesh. The company announced this development through a regulatory filing dated January 24, 2026.

Auction Details and Process

The mining block auction was conducted under the Notice Inviting Tender (NIT) dated October 31, 2025, for the 'Grant of Mining Lease and Composite Licence for Government of Madhya Pradesh'. The tender was issued by the Directorate of Geology and Mining MP, Government of Madhya Pradesh.

Winning Bid and Selection

Hindustan Copper Limited emerged as the successful bidder by submitting the highest final price offer in the forward e-auction process. The company's competitive bid secured its position as the preferred bidder for this copper mining block, which includes associated minerals.

The forward e-auction was successfully concluded on January 22, 2026, with the official communication regarding the company's selection received on January 24, 2026. This selection process was conducted in accordance with the established tender procedures for mining lease grants in Madhya Pradesh.

Regulatory Compliance

The company has disclosed this material development in compliance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The announcement was made through official communication to both BSE Limited and National Stock Exchange of India Limited.

The regulatory filing was signed by Mritunjay Kumar Dev, Company Secretary and Compliance Officer, ensuring proper disclosure of this significant corporate development to stakeholders and the investing public.