BSECompany Update2d ago · 3 Sept 2026, 03:23 pm
Please refer the enclosed file
Hindustan Zinc Ltd · 500188
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Hindustan Zinc Ltd has received a Letter of Intent from the Government of Karnataka for a mining lease for the Gundlupet REE and Yttrium Block.
Analysis Scores
Earnings Impact8/10
Growth Catalyst9/10
Governance Concern1/10
Regulatory Risk2/10
Balance Sheet Risk1/10
Liquidity Impact9/10
Market Sentiment9/10
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Hindustan Zinc Ltd - 500188 - Issuance Of Letter Of Intent In Favor Of The Preferred Bidder
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HZL/2026-27/SECY/78 September 03, 2026
BSE Limited National Stock Exchange of India Limited
Phiroze Jeejeebhoy Towers Exchange Plaza, 5th Floor Plot No., C/l, G Block
Dalal Street, Fort Bandra-Kurla Complex, Bandra (East),
Mumbai – 400 001 Mumbai – 400 051
Kind Attn: General Manager – Department Kind Attn: Head Listing & Corporate
of Corporate Services Communication
Scrip Code: 500188 Trading Symbol: “HINDZINC”
Sub: Issuance of Letter of Intent in favor of the Preferred Bidder
Dear Sir/Ma’am,
We wish to inform you that the Government of Karnataka has issued a Letter of Intent (LoI), pursuant
to Rule 10(2) of the Mineral Auction Rules 2015, in favour of Hindustan Zinc Limited, the preferred
bidder for grant of a mining lease for the Gundlupet REE and Yttrium Block over an extent of 314.21
Hectares situated in Mallayanapur village, Gundlupet Taluka, Chamrajnagar District, Karnataka.
We request you to kindly take the above information on record.
Thanking You.
Yours faithfully,
For Hindustan Zinc Limited
Aashhima V Khanna
Company Secretary & Compliance Officer
Sensitivity: Public (C4)