Hindustan Copper Ltd. — Capital/Financing Update 2021

Apr 13, 2021

A GOVT. OF INDIA ENTERPRISE

w-Str1 111 HINDUSTAN COPPER LIMITED www.hindustancoppercom

CIN :L27201WB1967601028825 NM wasf mit . ti <RN t T 31TWIT

No. HCL/SCY/SE/ 2016 13.4.2021

The Sr. General Manager The Vice President Dept. of Corporate Services Listing Department Mumbai 400 001 Mumbai 400 051

BSE Limited National Stock Exchange of India Ltd Phiroze Jeejeebhoy Towers Exchange Plaza, C-1, Block G Dalai Street Bandra-Kurla Complex, Bandra(East) BSE Scrip Code: 513599 NSE Symbol: HINDCOPPER

Sub: Qualified institutions placement of Equity Shares of face value t 5/- each (the "Equity Shares") by Hindustan Copper Ltd (the "Company") under the provisions of Chapter VI of Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018, as amended (the "SEBI ICDR Regulations"), and Sections 42 and 62 of the Companies Act, 2013, as amended, including the rules made thereunder (the "Issue")

Sir / Madam,

It is informed that the Board of Directors of the Company ("the Board") in its meeting held today i.e. April 13, 2021 has approved the allotment of 4,18,06,020 (Four crores, eighteen lakhs, six thousand and twenty) Equity Shares of face value t 5/- each to eligible Qualified Institutional Buyers at the issue price of 119.60 per Equity Share (including a premium of T114.60 per Equity Share) aggregating up to t 50,000 lakhs (Rupees fifty thousand lakhs only), pursuant to the Issue.

Pursuant to the allotment of Equity Shares in the Issue, the paid-up share capital of the Company has increased from t 462,60,90,000/- (Rupees four hundred sixty two crore sixty lakh ninety thousand only), comprising 92,52,18,000 (Ninety two crore fifty two lakh eighteen thousand) Equity Shares of 5/- each to t 483,51,20,100 (Rupees four hundred eighty three crore fifty one lakh twenty thousand one hundred only), comprising 96,70,24,020 (Ninety six crore seventy lakh twenty four thousand twenty) Equity Shares of 5/- each.

The Issue opened on Wednesday, April 7, 2021 and closed on Monday, April 12, 2021 and the same was intimated to you through our letters dated April 7, 2021 and April 12, 2021, respectively.

We enclose herewith the list of allottees who have been allotted equal to and more than five percent (5%) of the Equity Shares in the Issue, marked as Annexure A.

The meeting of the Board commenced at 10:00 AM and concluded at 11:20 AM.

We request you to take the above on record and the same be treated as compliance under the

applicable provisions of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended.

Thanking you, Yours faithfully,

(C S Singhi) ED (Co Secretary)

End. As stated

ANNEXURE A

List of allottees who have been allotted Equity Shares equal to and more than 5% of the Equity Shares offered in the issue

Life Insurance Corporation of India

For Hindustan Copper Ltd

(C S Singhi)

ED (Co Secretary)