Hindustan Copper Ltd. — Audit Report / Information 2021

Oct 1, 2020

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HINDUSTAN COPPER LIMITED

CIN No. : L27201 WB1967GOI028825

<IJlI 'ljq.j TAMRA BHAVAN 1.~'ilMi~

1, Ashutosh Chowdhury Avenue, ti\o>ilo'/io PB. NO. 10224 ~ KOlKATA-700019

A GOVT. OF INDIA ENTERPRISE

No. HCL/SCY ISEI 2016

1.10.2020

The Sr. General Manager Dept. of Corporate Services BSELimited Phiroze Jeejeebhoy Towers Dalal Street Mumbai 400 001 BSEScrip Code: 513599

The Vice President Listing Department National Stock Exchange of India Ltd Exchange Plaza, C-1, Block G Bandra-Kurla Complex, Bandra(East) Mumbai 400 051 NSESymbol: HINDCOPPER

Sir I Madam,

The Comptroller & Auditor General of India (C&AG) vide Letter No. CA.V ICOY ICENTRAL GOVERNMENT,HCOPPER(2)/125 dated 10.8.2020 (received on 1.10.2020) appointed MIs Chaturvedi & Co., Chartered Accountants, Kolkata as Statutory Auditors of the Company for FY 2020-21. A copy of above C&AG letter containing the terms and conditions of appointment, acceptance letter issued by MIs Chaturvedi & Co. and their brief profile are enclosed.

The above is submitted pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 for your information and record please.

Thanking you,

Yours faithfully,

Encl: As stated

\lL~ (C SSinghi) ED & Co Secretary

Wol Tel: 2285-2226 (Hunting), ~ Fax: (033) 2283-247e12640 iI-,,", E.mall: hcLho@hlndustancopper.com, "" Web: www.hindustancopper.com

-I

OFFICE OF THE COMPTROLLER AND AUDITOR GENERAL OF INDIA 10, BAHADUR SHAH ZAFAR MARG, NEW DELHI110 124

No.lCA. V/ COY/CENTRAL GOVERNMENT,HCOPPR(2)/125 Dated: I0/08/2020

To THE MANAGING DIRECTOR HINDUS TAN COPPER LIMITED TAMRABHAVAN,I,P.B.NO.I0224 ASHUTOSH CHOWDHURY AVENUE KOLKATA-

Subject: Appointment of Auditors under section 139 of the Companies Act, 2013 for the financial year 2020-2021 SirlMadam,

I am directed to state that in exercise of the powers conferred by section 139 of the Companies Act 2013, the Comptroller and Auditor General of India is pleased to appoint the Chartered Accountant firmslLimited Liability Partnerships As~r.~lIl1e~l!~..::ll as the Statutory/Joint Statutory/ Branch Allditors of the company for the year (s) : 2020-2021. Statutory/Joint Statutory Auditor (s) of m,lding company shall also be the auditors of Consolidated Financial Statements under section 139 read with section 129(4) of the Companies Act, 2013.

1. You are requested to contact the concerned auditors individually under intimation to this office

2. The supplementary/test audit under sections 143 (6) & (7) of the Companies Act, 2013 of your company is entrusted to PRINCIPL DIRECTOR OF AUDIT (MINES) NO. I, COUNCIL HOUSE STREET, KOLKATA-700001

4 . The remuneration and other allowances payable to the auditors may be regulated as per the provisions of section 142 of the Companies Act 2013 read with guidelines issued by the Department of Company Affairs vide no. 7/76 dated 8th April, 1976 and no. 8/6/83 dated 07th June, 1984.

1. The audit fees paid/payable to the auditors as intimated by the Company has been indicated in Annexure-II. Any revision in the audit fees payable (including fees for consolidation) for the year 2020-2021 and item-wise details of all remuneration paid to the auditors for other services (other than statutory audit) alongwith the amount of TAIDA paid for 2019-2020 may be intimated.

e said information may be provided as soon as the Accounts [oCWe year 2019-2020 is finalised so as to enable is office to review the appointment! re-appointment of the appointed auditors '

. The above appointment is subject to the other conditions stipulated in Annexure-I( available on the CAG's ebsite http://care.cag.gov.inlpolicy/terms.pdf).

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( ,Yours faithfully,
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( Preethy Narayanan )
Sr. Administrative Officer
hone: 011-23509240 Fax: 91-11-23237730, 91-11-23509241 E-mail: saoca5@cag.gov.in,
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02ca5@cag.gov.in
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ANNEXURE - I I

LIST OF CHARTERED ACCOUNTANT FIRMS FOR THE YEAR 2020-2021

.

[}innName	[}innName	I PSU Code_I_ Unit Code	EJAudit Station D". eta. s	EJAudit Station D". eta. s	Feesin Rs (Asintimated by the PSU)
	STATUTORY AUDITOR
	CHATURVEDI &co
	(CA0129)
	60, BENTINCK STREET,	HCOPPR
	I	NDLI	KOLKATA		1100000
	KOLKATA	(3)
	KOLKATA -700069,WEST
	BENGAL

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CHATURVEDI & co.

CHARTERED ACCOlJNTANTS

Park Cenlr., 24 Park Slreel, Kalkal. - 100 016.

Phone, 2229 2229. 460 I 2507

E4mail: chaturvcdikol@hotmail.com:chaturvcdisc@yaboo.co.in

• (11.0. Kolkata.lHOatBrJn<helUll,bO, l:Senbnck ~treet,Pelhi..Mumbui.KolkataChennai.700Lucknowl069)

October 1, 2020

1. The Managing Director HINDUSTANCOPPER UMITED

2. "Tamra Bhawan[n] , 1, P.B.No.10224, Ashutosh Chowdhury Avenue . Kolkata - 700019.

2 •. 5rw Administrative Officer

OFFICE OF THE COMPTROLLER & AUDITORS GENERAL OF INDIA

• 10, Bahadur Shah Zarar Marg, New Delhi - 110 124.

• Principal Director of Audit (Mines) NO.1, COuncil House Street, Kolkata - 700 001 ..

Dear Sir,

Ref.No.: CA.V ICOY ICENTRAL G9VERNMENT, HCOPPR (2)/125 .• dated 10.08.2020

s .

~ ,.' , ,

Sub.: Appointment of Auditors under section 139 of the Companies Act, 2013 for the financial year 2020-2021 Of HINDUSTAN COPPER LIMITED (NDU)

Please refer to the above quoted letter intimating our appointment .as Statutory Auditors of Hindustan Copper Ltd (NDU) for the financial year 2020-2021, we are please to accept the said appointment.

We do hereby declare that:-

1. the Arm is not disqualified under section 141 of the Companies Act, 2013

1. that no unreasonable TAlOA, out of pocket expenses will be claimed from the Company.

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3. that during the year of audit, and for one year after the Firm ceases to the Auditor, no assignment for intern,,1 audit of consultancy or other services to the Company will be accepted directly or indirectly as per explamiltion given under section 144 of the Companies Act, 2013 by the Firm.

4. that nO Partner I Chartered Accountant 'empioyee of the Firm has been held guilty of professional misconduct by the Institute of Chartered Accountants of India during last year.

5. the audit would not be done by a person (i) who is neither. a Partner nor an employee 'of the CAFirm to which the audit been allotted; (ii) who was earlier associated with the audit of the said PSUas Partner I Empioyee of.the retiring auditor.

6. no Partner of the Chartered Accountant Firm would hold post of Director or undertake audit or any otherjoblassignment of any Private Organizaoon I Company which is in the same line of business or industry as that of the PSU.

Thanking you,

Yours faithfully, For CHATURV.EDI' & CO.

~.

S. C. Chaturvedi. Partner.

I'_,

Brief Profile

About Us

Founded by Late Shri. Vidya Bhaskar Chaturvedi, Chaturvedi & Co., (C&C) came into being in 1963 as an audit firm. It has since expanded to cover a wide array of audit, taxation, management consultancy and financial advisory services, and it is currently among the most reputed firms, in the country. Today we serve/have served over 200 clients in a variety of industries - included among them are Cement, Steel, Textile, Telecommunication, Software, Electronics, Hotel, Bank, NBFCs, Insurance, Media, Entertainment, Airlines, Construction, Engineering, Transport etc.

At Chaturvedi & Co., we are continuously looking for avenues to assimilate value added knowledge for our clients. We aim to alloy a perfect blend of professionalism with high standards of service, in our pursuit of excellence. Our mission statement commits the firm to providing impeccable service to clients. We are prepared to define our standards of service and adhere to them, recognizing that each client has a unique set of requirements.

The growth of this firm can be attributed to our employees' knowledge, skill and commitment to providing outstanding client service. Our employees are a part of a team that values the individual strengths that each employee contributes.

Our Team

Chaturvedi & Co. team is a well equipped and a competent team. It works relentlessly using legal, taxation, accounting, advisory and auditing expertise, knowledge and experience to deliver value and quality. Our talent is our single most important sustainable competitive advantage for future growth.