Hindustan Copper Ltd. — Board/Management Information 2020

Oct 29, 2020

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HINDUSTAN COPPER LIMITED

CIN No. : L2720IWBI967GOI028825

<IIll 'lJil'! TAMRA BHAVAN ~ ~ I, ;flirt\ I, Ashutosh Chowdhury Avenue, 'l'IoilToflo P.B.NO. 10224 ~ KOLKATA.700019

No. HCLISCY/SE/ 2016

Date: 29.10.2020

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/Madam,

Subject: Outcome of Board meeting

The Board of Hindustan Copper Ltd in its meeting held on 29.10.2020, inter alia, decided as follows:

• (i) The Board recommended seeking shareholders' approval for (a) fixing of upper limit of borrowing not exceeding RS.2,500 crore for all types of borrowings/ loans including bonds across various products, together with interest and creation of security/charge on assets of the Company and (b) revalidation of shareholders' approval for issuance of securities through Qualified Institutional Placement (QIP) up to 15% of existing paid up equity capital of the Company;

• (ii) The Board recommended to the Ministry of Mines, Government of India to modify object clause of the QIP from 'expansion/capex plan' to 'general corporate purpose including ongoing expansion/ capex plan'.

The Board meeting commenced at 10:30 AM and concluded at 6:15 PM.

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

Thanking you,

Yours faithfully,

~ f(;~ (C S Singhi) ED EtCo Secretary

'lWI Tel: 2283-2226 (Hunting), !l;im Fox: (033) 2283-2478/2640 t.,,", E-mail: hcLho@hindustancopper.com, t<I Web: www.hindustancopper.com