Hindustan Zinc Limited has received its ESG (Environmental, Social, and Governance) rating for FY2024-25 from NSE Sustainability Ratings and Analytics Limited. The company disclosed this development through a regulatory filing under Regulation 30 of the SEBI Listing Regulations on December 12, 2025.

ESG Rating Assessment

NSE Sustainability Ratings and Analytics Limited, a subsidiary of NSE Indices Limited and a SEBI-registered ESG Rating Provider, has assigned a consolidated ESG rating of 67 to Hindustan Zinc Limited for FY2024-25. The rating communication was received by the company via email on December 12, 2025, at 10:48 AM IST.

Independent Evaluation Process

The ESG rating assessment was conducted independently by NSE Sustainability as part of its evaluation of listed companies in India. The rating agency utilized publicly available information disclosed by Hindustan Zinc Limited for its analysis. The company specifically clarified that it did not engage NSE Sustainability for the evaluation or issuance of its ESG ratings.

Rating Methodology and Transparency

The methodology employed for these ESG ratings is detailed in the Rating Rationale Report provided by NSE Sustainability. Additionally, the rating methodology is available on NSE's dedicated ESG rating website at https://www.nse-esgrating.com/esg-ratings , ensuring transparency in the evaluation process.

Regulatory Compliance

The disclosure was made pursuant to Regulation 30 of the SEBI Listing Regulations, read with relevant SEBI circulars issued regarding ESG rating intimations. This regulatory framework requires listed companies to inform stock exchanges about ESG ratings received from SEBI-registered ESG Rating Providers.

The intimation was sent to both BSE Limited and National Stock Exchange of India Limited, where Hindustan Zinc Limited shares are listed.

Hindustan Zinc Limited shareholders have overwhelmingly approved the appointment of two new directors to the company's board through a postal ballot process that concluded on December 20, 2025. The voting results, declared on December 21, 2025, demonstrate strong shareholder support for both proposed appointments.

Approved Appointments

Thomas Mathew T as Non-Executive Independent Director

Shareholders approved the appointment of Thomas Mathew T (DIN: 00130282) as Non-Executive Independent Director for the period from October 1, 2025, to September 30, 2027. The former Managing Director & Chairman-In-Charge of Life Insurance Corporation of India brings extensive expertise in strategic leadership, corporate governance, and sustainability to Hindustan Zinc's board.

Ashim Kumar Modi as Government Nominee Director

The appointment of Ashim Kumar Modi (DIN: 11342680) as Government Nominee Director (Non-Executive), effective from October 17, 2025, also received shareholder approval. Modi, an Indian Revenue Service officer from the 2000 batch, currently serves as Joint Secretary & Financial Advisor in the Ministry of Coal, with additional charge of Ministry of Mines and Ministry of Minority Affairs.

Voting Results and Shareholder Participation

The postal ballot process witnessed significant shareholder participation, with detailed voting outcomes for both resolutions:

Scrutinizer's Report and Process

CS Manoj Maheshwari (FCS 3355), the appointed scrutinizer, submitted his report on December 21, 2025, confirming that both resolutions were passed with the requisite majority. The e-voting process was conducted through the National Securities Depository Limited (NSDL) platform, with the cut-off date for eligible shareholders set as November 14, 2025.

Category-wise Voting Breakdown

The voting pattern showed strong support across all shareholder categories:

Strategic Implications

The successful approval of both appointments strengthens Hindustan Zinc's governance framework and strategic capabilities. Thomas Mathew T's extensive experience in financial services and corporate leadership is expected to enhance the company's strategic decision-making, particularly in risk management and financial strategy. Meanwhile, Ashim Kumar Modi's appointment as Government Nominee Director reinforces the company's alignment with government policies and regulations in the mining sector.

Conclusion

With both resolutions deemed passed as of December 20, 2025, Hindustan Zinc has successfully enhanced its board composition with experienced professionals who bring complementary expertise. The overwhelming shareholder support, particularly the 99.99% approval for Thomas Mathew T's appointment, reflects strong confidence in the company's leadership choices and strategic direction.