Hindustan Copper Ltd. — Capital/Financing Update 2020

Sep 18, 2020

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~~Jlm'I~ Registered & Heed Office

-, HINDUSTAN COPPER LIMITED CIN No. : L2720IWBI967GOl028815 'Iffif ffi'liI'{ 'l'l if'W'I A GOVT OF INDIA ENTERPRISE

ilIlI 'fiR TAMRA BHAVAN 1,$rt)

1,Ashutosh Chowdhury Avenue, 'l't.,"o;ff. P.B. NO. 10224 ~ KOU<ATA.700019

No. HCLISCY ISEI 2016

18.9.2020

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-l, Block G Bandra-Kurla Complex, Bandra(East) Mumbai 400 051

NSESymbol: HINDCOPPER

Sir 1 Madam,

Hindustan Copper ltd (HCl), a CPSEunder the Ministry of Mines, Government of India, has signed a Memorandum of Understanding (MoU) with Hindalco Industries Ltd (Hindalco) on 17.9.2020 for long-term sale of copper concentrate produced by HCl to Hindalco. Under this MoU, around 60% (copper content) of HCL's current copper concentrate production will be utilized by Hindalco in the manufacture of refined copper.

This partnership between HCl and Hindalco will go a long way in building the domestic copper industry by ensuring efficient utilization of the country's mineral resources in a sustainable manner. With this partnership, HCl will be taking' a step towards assuring supply of raw material to the Indigenous copper manufacturers. This will also fulfill the country's mission of make in India and AatmaNirbhar Bharat Abhiyaan.

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,

~~i!~ (C S Singhi) ED & Co Secretary

'I'R Tel: 2283-2226 (Hunting), ll><Rl Fax: (033) 2283-247812640 ;f-lffi E-mell : hcLho@hlndustencopper.com, ~ Web: www.hIndustancopper.com