Hindustan Zinc Limited (HZL), a prominent player in the Indian mining sector, has announced a significant change in its board composition. The company has appointed Mr. Ashish Chatterjee as the new Government Nominee Director (Non-Executive), effective July 25, 2025, following an order from the Ministry of Mines, Government of India.

Board Reshuffle

Mr. Chatterjee, who currently holds the position of Additional Secretary & Financial Advisor in the Ministry of Steel, replaces Ms. Nirupama Kotru on the Hindustan Zinc board. The appointment was approved by the company's Board of Directors.

New Role and Responsibilities

In addition to his role as a Non-Executive Director, Mr. Chatterjee has been inducted as a member of the Audit and Risk Management Committee of the Board of Directors, effective from his appointment date.

Ashish Chatterjee's Profile

Mr. Chatterjee brings a wealth of experience to his new role:

• A 1999 batch IAS officer from the Tamil Nadu cadre
• Over 25 years of extensive administrative experience
• Currently holds the position of Additional Secretary & Financial Advisor in the Ministry of Steel, Government of India
• Serves as Government Nominee Director on the boards of SAIL and NMDC

Previous Board Experience

Mr. Chatterjee has previously served as a Government Nominee Director on the boards of GAIL (India) Ltd., SAIL, and NMDC, contributing to strategic decision-making in various sectors.

Departure of Ms. Nirupama Kotru

With Mr. Chatterjee's appointment, Ms. Nirupama Kotru ceased to be a director of Hindustan Zinc Limited from July 25, 2025. The Board acknowledged her valuable contributions during her tenure.

This board reshuffle represents a continuation of the government's involvement in the strategic direction of Hindustan Zinc Limited, a key player in India's mining and metals sector.

Hindustan Zinc Limited , a leading integrated producer of zinc, lead, and silver, has announced significant changes to its board of directors, including a new government nominee and other appointments.

New Government Nominee Director

The Ministry of Mines has appointed Ashish Chatterjee as part-time Official Director, replacing Nirupama Kotru. Chatterjee, who serves as Additional Secretary & Financial Advisor at the Ministry of Steel with additional charge of Ministry of Coal, Mines and Minority Affairs, was appointed as Government Nominee Director effective July 25, 2025. His appointment will continue until further orders from the Ministry. Kotru's role as Government Nominee Director ceased on the same date.

New Addition to the Board

Anoop Kumar Mittal has been appointed as an Additional Director designated as Non-Executive Independent Director for a two-year term, from August 1, 2025, to July 31, 2027. Mittal brings over four decades of experience in the construction sector, with expertise in:

• Civil engineering
• Consultancy
• Real estate development
• Mergers & acquisitions
• Project management

Mittal's career includes serving as the Chairman & Managing Director of NBCC (India) Limited from 2013 to 2019. Under his leadership, NBCC achieved the prestigious Navratna status in 2014. He holds a bachelor's degree in civil engineering from Thapar Institute of Engineering & Technology, Punjab University, and has been conferred with an honorary doctorate from Singhania University.

In addition to his board position, Mittal will also serve as the Chairperson and Member of the Sustainability & ESG Committee, effective August 1, 2025.

Re-appointment of Independent Director

The company has re-appointed Pallavi Joshi Bakhru as a Non-Executive Independent Director for a second two-year term, from August 10, 2025, to August 09, 2027. Bakhru, a chartered accountant with over 30 years of experience, is recognized for her expertise in tax and regulatory matters.

Currently leading the Private Client Service offering at Grant Thornton Bharat, Bakhru was acknowledged as one of the Top 10 Women in Tax in India by the International Tax Review in 2015. Her areas of specialization include:

• Corporate tax
• Litigation
• Tax structuring
• Regulatory matters pertaining to FEMA

Bakhru will also take on additional responsibilities within the company's committees. Effective August 1, 2025, she will serve as:

• Chairperson and Member of the Nomination and Remuneration Committee
• Member of the Audit & Risk Management Committee
• Member of the Corporate Social Responsibility Committee

Departure of Long-serving Director

As these new appointments take effect, Hindustan Zinc will bid farewell to Akhilesh Joshi, whose tenure as Non-Executive Independent Director will conclude on July 31, 2025. This marks the end of Joshi's second and final term on the board.

Shareholder Approval and Compliance

Both the appointment of Mittal and the re-appointment of Bakhru are subject to shareholder approval at the upcoming Annual General Meeting. The company has confirmed that both directors satisfy the criteria of independence prescribed under the Companies Act, 2013 and SEBI Listing Regulations.

These board changes reflect Hindustan Zinc's commitment to maintaining strong corporate governance and bringing fresh perspectives to its leadership team. As the company continues to navigate the dynamic metals and mining sector, these appointments are expected to contribute to its strategic direction and sustainable growth.