Hindustan Copper Ltd

Seller and asset

• Seller: The President of India via the Ministry of Mines (Promoter).
• Company: Hindustan Copper Limited, ISIN INE531E01026.
• Base offer size: 2,90,10,721 shares (3.00%).

Oversubscription option

• Oversubscription option: up to 2,90,10,721 shares (additional 3.00%).
• Total offers possible: up to 6.00% of issued capital if exercised.

Exchanges and clearing

• Exchanges: BSE and NSE; designated clearing: NSE Clearing Limited.
• Offers placed on BSE/NSE windows.

Offer dates and timings

• T day: August 25, 2026; T+1 day: August 26, 2026.
• Trading window: 9:15 AM to 3:30 PM IST on both days.
• Non-Retail bids on T day; Retail and Employees on T+1.

Pricing and allocation

• Floor price: 514 per equity share.
• Retail discount: NIL.
• Retail category: minimum 10% reserved.
• Non-Retail allocation: price priority; Retail at Cut-Off Price.
• Minimum 25% reserved for Mutual Funds and Insurance Companies.

Employee offers and PAN

• Employee offer: 25,000 shares (0.0026%); up to 500,000 per employee with 200,000 cap.
• PAN-mismatch bids rejected.

Withdrawal and cancellation

• Seller may withdraw before opening with 10 trading-day cooling-off period.
• Cancellation if insufficient non-retail demand or settlement default.

Settlement

• Settlement is trade-for-trade; most bids settle on T+2.
• Settlement date on Aug 27, 2026 due to holiday.
• Funds for unallocated bids released after obligation download.

Seller's brokers

• DAM Capital Advisors Limited; Emkay Global Financial Services Limited; IDBI Capital Markets & Securities Limited.
• DAM Capital acts as Settlement Broker.

Updated presentation highlights

• Updated Corporate Presentation for Hindustan Copper Limited (August 2026) submitted for information and uploaded on the website.
• Reserves and resources total 767.37 million tonnes as on 01-Apr-2025.
• Copper ore reserves amount to 156.97 million tonnes.
• Mining capacity target expanded from about 4 MTPA to 12.20 MTPA, under implementation.
• Capital investment plan of over ₹7,000 crore is planned for 5–6 years.
• Strategic collaborations include CODELCO and MoUs with NTPC Mining, RITES, IOCL, Coal India, Oil India, and GAIL.
• GCP LOI issued to Lohum Materials Pvt. Ltd for revenue-sharing; production targeted by Q4 FY27.
• Market capitalization estimated around ₹51,619 crore; credit ratings A1+ (short-term) and AA+ (long-term, stable).
• Road map shows MCP 5.00 MTPA, KCC 3.00 MTPA, ICC 4.20 MTPA expansions.
• Total employee strength reported at 1,134.

Appointment of Independent Part-Time Director

• Appointment of Smt. Madhumita Daolagupu as Additional Director—Independent (Part-Time) from 14-08-2026 till ensuing AGM.
• Reason: Board-approved appointment by circulation.
• Profile: Born 1963; B.Sc., M.Sc.; 37 years in teaching, administration, and managing financial affairs.
• Not related to board/KMP; not debarred from SEBI or other authorities.

Independent Directors Appointment

• Appointment of two Part Time Non-Official Independent Directors on Hindustan Copper Limited.
• Names: Shri Ashish Kumar Khetan and Smt. Madhumita Daolagupu.
• Term for three years from notification date or until further orders.
• Effective date from notification of appointment.
• Will complete statutory SEBI LODR Regulation 30 formalities as amended by 30.01.2026 circular.

Standalone results

• Standalone Q1 FY27 revenue from operations: 936.50 cr
• Standalone Q1 FY27 total income: 953.60 cr
• Standalone Q1 FY27 PBT before tax: 471.77 cr
• Standalone Q1 FY27 PAT after tax: 352.61 cr
• Standalone Q1 FY27 EPS (continuing): 3.65
• Standalone Q1 FY27 total expenses: 481.83 cr
• Standalone Q1 FY27 current tax: 99.26 cr; deferred tax: 19.90 cr

Consolidated results

• Consolidated Q1 FY27 revenue from operations: 936.50 cr
• Consolidated Q1 FY27 total income: 953.60 cr
• Consolidated Q1 FY27 PBT before tax: 471.77 cr
• Consolidated Q1 FY27 PAT attributable to owners: 352.61 cr
• Consolidated Q1 FY27 EPS (continuing): 3.64
• Consolidated Q1 FY27 total expenses: 481.83 cr
• Consolidated Q1 FY27 current tax: 99.26 cr; deferred tax: 19.90 cr

Subsidiaries/JV in results

• Consolidated results include Chhattisgarh Copper Limited (CCL) 74% and Khanij Bidesh India Limited (KABIL) 30%

Governance notes

• Independent Directors not present; audit committee not valid per Companies Act since 3 Nov 2024
• Woman Director not present since 22 Mar 2025 per Companies Act

Meeting Details

• Date of board meeting: 10 August 2026; time and venue not disclosed.

Key Agenda Items

• Consider and approve unaudited standalone and consolidated financial results for quarter ended 30 June 2026.

Other Notes

• Trading window closed till 12 August 2026 for designated persons and their immediate relatives.