Hindustan Copper Limited Promotes Four Executives to General Manager Positions

2 min read     Updated on 24 Jan 2026, 05:38 PM
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Overview

Hindustan Copper Limited promoted four senior executives to General Manager positions on 23.01.2026, covering mining, metallurgy, administration, and finance functions. The appointees bring extensive experience ranging from 29 to 35+ years across various operational areas. All promoted executives qualify as Senior Management under SEBI regulations and are not related to company's Key Managerial Personnel or Directors.

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

Hindustan Copper Limited has announced the promotion of four senior executives to General Manager positions, effective 23.01.2026. The company informed stock exchanges about these strategic appointments under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Executive Promotions Overview

The four executives promoted to General Manager roles represent key functional areas of the organization:

Executive New Position Location Previous Experience
Shri Salil Kumar Nag GM (Mining) Corporate Office B.E. Mining Engineering, joined 1995
Shri Virender Kumar Indra GM (Metallurgy) Khetri Copper Complex 30+ years experience, NIT Rourkela graduate
Shri Sanjay Shivdarshi GM (Administration) Khetri Copper Complex Former CISF officer, joined HCL 1995
Shri Dinesh Grover GM (Finance) Corporate Office CMA-ICWAI, 35+ years experience

Key Appointee Profiles

Mining Leadership

Shri Salil Kumar Nag brings extensive underground mining expertise, having joined as Graduate Engineer Trainee (Mining) in 1995. His experience spans underground metal mining operations, mine planning at Kolihan Copper Mine, and key contributions to the company's mine expansion programme.

Metallurgical Operations

Shri Virender Kumar Indra, a metallurgical engineering graduate from NIT Rourkela, started his career at Bhilai Steel Plant, SAIL in 1993 before joining Hindustan Copper Limited in 1996. His expertise covers copper smelting, mineral processing, production management, and concentrate handling across multiple units including KCC Smelter and Gujarat Copper Project.

Administrative Functions

Shri Sanjay Shivdarshi combines military background from CISF (1991-1995) with comprehensive HCL experience since 1995. His career progression includes security management, HR leadership, and administrative transformation across various units including ICC Ghatsila, TCP, and Malanjkhand Copper Project.

Financial Management

Shri Dinesh Grover, a qualified Cost and Management Accountant and Company Secretary, brings 35+ years of diversified experience across finance, audit, costing, and corporate accounts. His tenure includes managing financial operations for business with annual sales turnover of approximately ₹2,300.00 crore.

Regulatory Compliance

The promoted executives fall under the 'Senior Management' category as defined in Regulation 16(1)(d) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company confirmed that none of the promoted executives are related to any Key Managerial Personnel or Directors of Hindustan Copper Limited.

Strategic Significance

These promotions strengthen the company's leadership across critical operational areas including mining operations, metallurgical processes, administrative functions, and financial management. The appointments reflect internal talent development and succession planning within the government enterprise.

Historical Stock Returns for Hindustan Copper

1 Day5 Days1 Month6 Months1 Year5 Years
-1.01%-6.63%+0.39%+133.56%+164.13%+538.70%

Hindustan Copper Commences Underground Mining Operations at Kendadih Mine in Jharkhand

1 min read     Updated on 16 Jan 2026, 03:57 PM
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Reviewed by
Riya DScanX News Team
Overview

Hindustan Copper Ltd commenced underground mining at Kendadih Copper Mine in Jharkhand on January 16. The company's stock showed strong performance in December, marking its best weekly performance since February 2021. The firm also signed an MoU with NTPC Mining for copper development collaboration and remains positioned as India's only vertically integrated copper miner.

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State-owned Hindustan Copper Ltd announced on January 16 that it has commenced underground mining operations at the Kendadih Copper Mine in Jharkhand's Ghatshila region. This development marks a significant operational milestone for India's only vertically integrated copper mining company.

Recent Stock Performance

The company's shares demonstrated strong market performance in recent weeks, with the stock witnessing a sharp rally in the last week of December. This performance marked the company's best weekly showing since February 2021, when shares had surged 73.00% in a single week.

Trading Details: Information
Closing Price (January 16): ₹561.75
Daily Change: -1.93%
Exchange: NSE

Strategic Partnership Development

In December, Hindustan Copper executed a Memorandum of Understanding with NTPC Mining Ltd (NML) to enhance collaboration on copper and critical minerals development. The strategic agreement encompasses several key areas:

  • Joint participation in copper and critical minerals block auctions
  • Collaborative exploration activities
  • Shared mining operations
  • Processing activities partnership

Company Positioning

Hindustan Copper maintains its position as India's only vertically integrated copper miner, providing the company with strategic advantages across multiple sectors. The state-owned enterprise operates throughout the entire value chain, covering:

  • Mining operations
  • Beneficiation processes
  • Smelting activities
  • Refining operations

This comprehensive operational structure positions the company as a key beneficiary of rising demand from the power sector, electric vehicle industry, and infrastructure development projects. The commencement of underground mining operations at Kendadih represents another step in expanding the company's production capabilities to meet growing market demand.

Historical Stock Returns for Hindustan Copper

1 Day5 Days1 Month6 Months1 Year5 Years
-1.01%-6.63%+0.39%+133.56%+164.13%+538.70%

More News on Hindustan Copper

1 Year Returns:+164.13%