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.

Hindustan Zinc , a prominent player in the mining industry, has made a significant stride in expanding its mineral exploration portfolio. The company has been granted a composite license by the Andhra Pradesh government for a tungsten and associated mineral block, marking a new chapter in its resource development efforts.

Key Details of the License

Implications of the Composite License

The composite license bestowed upon Hindustan Zinc carries significant implications for the company's operations and the broader mining sector in India:

1. Exploration Rights: The license empowers Hindustan Zinc to conduct thorough exploration activities in the designated block, potentially leading to the discovery of valuable tungsten deposits.

2. Development Opportunities: Beyond exploration, the company is authorized to develop the tungsten resources, should the exploration phase yield promising results.

3. Diversification: This move signals Hindustan Zinc's strategy to diversify its mineral portfolio beyond its core zinc-lead-silver operations.

4. Economic Impact: Successful development of tungsten resources could contribute to India's mineral self-sufficiency and potentially boost the local economy in Andhra Pradesh.

Strategic Importance of Tungsten

Tungsten, known for its high melting point and strength, plays a crucial role in various industries:

• Manufacturing of hard materials
• Electronics and electrical industries
• Aerospace and defense sectors

The acquisition of this license positions Hindustan Zinc to potentially tap into the growing demand for this strategic metal.

As Hindustan Zinc embarks on this new venture, stakeholders will be keenly watching the progress of exploration activities and the potential impact on the company's future growth trajectory. The development of tungsten resources in Andhra Pradesh could mark a significant milestone in India's mining sector and contribute to the nation's mineral resource diversity.