BSECompany Update3d ago · 22 Sept 2026, 10:38 am
Update on pending Legal Cases is submitted.
Hindustan Copper Ltd · 513599
✦ AI SummaryLitigation
Hindustan Copper Ltd has submitted an update on its pending legal cases, specifically regarding an arbitration award against the company. The Commercial Court, Jabalpur, has granted a conditional stay on the arbitration award, requiring the company to deposit 50% of the award amount in the form of a bank guarantee and the remaining 50% in the form of a bond of asset valuation report.
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Governance Concern1/10
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Hindustan Copper Ltd - 513599 - Disclosure Of Event Or Information Under Para 8 Of Part B Of Schedule III To Regulation 30 Of SEBI LODR Regulations, 2015
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No. HCL/SCY/SE/2026 Date: 22.09.2026
To, To,
BSE Limited National Stock Exchange of India Ltd
Phiroze Jeejeebhoy Towers Exchange Plaza, C-1, Block G
Dalal Street Bandra-Kurla Complex, Bandra (East)
Mumbai 400 001 Mumbai 400 051
BSE Scrip Code: 513599 NSE Symbol: HINDCOPPER
Sub: Disclosure of event or information under Para 8 of Part B of Schedule III to Regulation
30 of SEBI LODR Regulations, 2015
Sir/Madam,
In continuation to our letter of even number dated 04.05.2026 filed regarding, inter
alia, Hindustan Copper Limited Vs M/s IVRCL-MCCDL-TCL-DM Consortium and M/s IVRCL-
MCCDL-TCL-DM Consortium vs Hindustan Copper Limited, following update is submitted
please:
S. Information required Detail
1. The details of any change in the Vide order dated 16.09.2026 (received on
status and / or any development in 21.09.2026) the Commercial Court, Jabalpur
relation to such proceedings; had granted conditional stay from operation of
arbitration award passed against HCL.
Following are the conditions:
1. Deposit of 50% of arbitration award
amount in the form of Bank Guarantee.
2. Remaining 50% award value and
expenses in the form of bond of Asset
Valuation Report may be submitted before the
execution court with a condition that
whenever directed by the Execution Court, the
फोनTel: 2283-2226 (Hunting). वेब Web: www.hindustancopper.com, ईमेलEmail: investors_cs@hindustancopper.com
said amount will be deposited in the Court
failing which the aforesaid properties will be
attached and sold.
After depositing, the above court will hear the
Section 34 Arbitration & Conciliation Act, 1996
application filed by HCL.
2. In the case of litigation against key Not Applicable
management personnel or its
promoter or ultimate person in
control, regularly provide details
of any change in the status and /
or any development in relation to
such proceedings;
3. In the event of settlement of the None, as the matter is sub-judice
proceedings, details of such
settlement including - terms of the
settlement, compensation/
penalty paid (if any) and impact of
such settlement on the financial
position of the listed entity.
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,
(Mritunjay Kumar Dev)
Company Secretary &
Compliance Officer
फोनTel: 2283-2226 (Hunting). वेब Web: www.hindustancopper.com, ईमेलEmail: investors_cs@hindustancopper.com