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Incorporated in the year 1967, Hindustan Copper Limited (HCL) was formed to take over from National Mineral Development Corporation Ltd. It is the first Indian PSU and only vertically integrated copper producing company. HCL is engaged in various processes right from copper mining to the final stage of converting copper into saleable products.
Hindustan Copper is holding its 59th AGM virtually. The FY25-26 Annual Report is now available online. Shareholders should note the record date for the final dividend and the e-voting schedule.
Hindustan Copper was fined approximately 0.29 Cr by stock exchanges for corporate governance non-compliance regarding board composition and committees. The company is awaiting government director appointments and plans to seek a waiver, expecting no financial impact.
Hindustan Copper targets tripling mining capacity to 12.20 MTPA by FY30 with ₹7,000 Cr capex. Strong Q1 FY27 financials include ₹936.50 Cr revenue and ₹471.77 Cr PBT, with debt significantly down. Gujarat plant restart via revenue sharing planned by Q4 FY27.
Hindustan Copper (HCL) Board strengthens with the appointment of Shri Ashish Kumar Khetan and Smt. Madhumita Daolagupu as Independent Directors for three years, enhancing governance.
Hindustan Copper has appointed Shri Ashish Kumar Khetan and Smt. Madhumita Daolagupu as Independent Directors for three years. This move strengthens the board's governance and strategic oversight for the company.