Hindustan Zinc Limited (HZL), a leading integrated producer of zinc, lead, and silver, has initiated a postal ballot to seek shareholder approval for the appointment of two new directors to its board. This move, announced on November 20, 2025, reflects the company's commitment to strengthening its leadership and governance structure.

Key Appointments

Thomas Mathew T as Non-Executive Independent Director

• Appointment Period: October 1, 2025, to September 30, 2027
• Resolution Type: Special Resolution
• Background: Former Managing Director & Chairman-In-Charge of Life Insurance Corporation of India
• Expertise: Strategic leadership in insurance and reinsurance, corporate governance, and sustainability

Ashim Kumar Modi as Government Nominee Director

• Appointment: Effective from October 17, 2025
• Resolution Type: Ordinary Resolution
• Current Role: Joint Secretary & Financial Advisor in the Ministry of Coal, with additional charge of Ministry of Mines and Ministry of Minority Affairs
• Background: Indian Revenue Service officer (2000 Batch) with experience in the Income Tax Department

Voting Process

HZL has outlined the following e-voting schedule for shareholders:

The company has engaged the National Securities Depository Limited (NSDL) to provide the e-voting facility. Shareholders whose names appear in the register as of November 14, 2025 (the cut-off date) are eligible to participate in the voting process.

Implications for Corporate Governance

The proposed appointments are significant for HZL's corporate governance structure:

• Thomas Mathew T: His extensive experience in insurance, reinsurance, and corporate leadership is expected to bring valuable insights to Hindustan Zinc's board, particularly in areas of financial strategy and risk management.

• Ashim Kumar Modi: As a Government Nominee Director, his appointment strengthens the link between Hindustan Zinc and key government ministries, potentially facilitating better alignment with national policies and regulations in the mining sector.

These appointments, if approved, could enhance Hindustan Zinc's strategic decision-making capabilities and its relationship with government stakeholders.

Conclusion

The outcome of this postal ballot will be crucial in shaping Hindustan Zinc's board composition. Shareholders have until December 20, 2025, to cast their votes on these important appointments, which could influence the company's governance and strategic direction in the coming years.

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.