Hindustan Copper Ltd. — Capital/Financing Update 2021

Sep 16, 2021

भारत सरकार खान मंत्रालय शास्त्री भवन, नई दिल्ली-110 001

GOVERNMENT OF INDIA MINISTRY OF MINES SHASTRI BHAWAN, NEW DELHI-110 001

Date: September 16, 2021

To

The Managing Director BSE Limited Phiroze Jeejeebhoy Towers Dalal Street. Mumbai-400 001

The Managing Director The National Stock Exchange of India Limited Exchange Plaza, Plot no. C/1, G Block. Bandra Kurla Complex, Bandra (East) Mumbai, India 400 051

Dear Sir/ Madam.

Sub: Offer for sale of equity shares having face value of $\xi$ 5 each ("Equity Shares") of Hindustan Copper Limited (the "Company") by its Promoter, the President of India, acting through the Ministry of Mines, Government of India, through 'Offer for Sale of shares by promoters through the stock exchange mechanism' intimated by way of notice dated September 15, 2021.

We refer to the Notice dated September 15, 2021 ("Notice") sent by the Seller to the Stock Exchanges wherein, the President of India, acting through and represented by the Ministry of Mines, Government of India, is the promoter of Hindustan Copper Limited (the "Seller") proposes to sell up to 48,351,201 Equity Shares, in aggregate representing 5% of the total issued and paid-up Equity Share capital of the Company ("Base Offer Size") on September 16, 2021 ("T Day") (for non-retail investors only) and on September 17, 2021 ("T+1 Day") (for retail investors and for non-retail investors who choose to carry forward their un-allotted bids), with an option to additionally sell up to 48,351,201 Equity Shares (representing 5% of the total issued and paid-up Equity Share capital of the Company) (the "Oversubscription Option" and in the event the Oversubscription Option is exercised, the Equity Shares forming part of the Base Offer Size and the Oversubscription Option will in aggregate, be referred to as the "Offer Shares". In the event such Oversubscription Option is not exercised, the Equity Shares forming part of the Base Offer Size will be referred to as the "Offer Shares", through the separate designated window of BSE Limited ("BSE") and National Stock Exchange of India Limited ("NSE" and together with BSE, the "Stock Exchanges"), collectively representing 10% of the total paid up equity share capital of the Company, and such offer hereinafter referred as the "Offer").

In this connection, we wish to exercise the Oversubscription Option to the extent of 19944409 Equity Shares (representing 2.06% of the total issued and paid-up equity share capital of the Company) in addition to 48,351,201 Equity Shares of the Company, (representing 5% of the total issued and paid-up equity share capital of the Company) forming part of the Base Offer Size. Accordingly, the total Offer Size will be up to 68295610 Equity Shares (representing 7.06% of the total paid up equity share capital of the Company)

falcolin Janour / LAKSHMI SUBRAMANIAN Start Electric Contract of Secretary olys silver / Ministry of Mines Finder of Millions of India
Finder of Millions of India
References of Cover Company with Maw Delhi

of which 6829561 Equity Shares would be available as part of the Offer for Retail Category on T+1 day, i.e. September 17, 2021.

All capitalised terms not defined in this intimation letter shall have the same meanings as ascribed to them in the Notice.

Thanking You,

Yours faithfully,

Thanking You,

Yours faithfully,

On behalf of the President of India, Ministry of Mines, Government of India

Kalolini
16 9-2021 OREN TERRAMANIAN

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