Newspaper Clipping of Unaudited Financial Results of Hindustan Copper Limited for the quarter ended 30.06.2026 is submitted.

No. HCL/ SCY/SE/ 2026 11.08.2026 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: Newspaper clipping of the Unaudited Financial Results of Hindustan Copper Ltd for the quarter ended 30.06.2026 Sir / Madam, Pursuant to Regulation 30 and 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we enclose herewith the newspaper clippings of the Unaudited Financial Results of Hindustan Copper Ltd for the quarter ended 30.06.2026 published in the “Business Standard" (English newspaper) and “Bartaman” (Bengali newspaper) on 11.08.2026. The above is submitted for you information and record please. This is for your information and records please. Thanking you, Yours faithfully, (Mritunjay Kumar Dev) Company Secretary & Compliance Officer Encl: As stated फोन Tel: 2283-2226 (Hunting). वेब Web: www.hindustancopper.com, ईमेल Email: investors_cs@hindustancopper.com ‘1991 crisis a result of fiscal profligacy, political instability’ years of de-industrialisation. insurancetoprivateparticipation.Fifth intelligence(AI)andtheweaponisa- Whatweachievedby1993wasmacro- waspower-sectorreformthroughthe tionoftrade.Whatwouldsucharein- liberalisati n economicstability,restoredinvestorcon- ElectricityAct,2003,whichdelicensed ventionlooklike? fidence,de-licensing,andanacceptable generation,enabledopenaccess,and n Threethings.First,FDI:Indiastill inflationrangewithrisinggrowth.Oneof unbundledstateelectricityboardsinto drawsfarlessthanitspotential—around ourIMFinterlocutorstoldme:Indiaisa separategeneration,transmission,and 0.4-0.5percentofGDP,againstarealistic tigerthathasbeencagedfordecades— distributioncompanies.Intheseways, targetcloserto3percent.Second,legal injured,butnowroamingfree,digging Vajpayeestrengthenedandbroadened reform:Indiahasafair,transparent uplong-delayedreforms.Hisworrywas thefoundationslaidin1991—and,per- judiciary,butlagsasacredibleseatfor thatonceitswoundshealed,itmight hapsmoreimportantly,helpedestab- commercialdisputeresolutioncom- returntoitscage,tocomplacency.Hewas lishthateconomicreformwasnolonger paredeventotheGulf,letaloneSinga- >FROMPAGE1 hintingattheunfinishedagenda:Land, theagendaofonegovernmentorone poreortheUK—fast-trackcommercial labour,capital.Suchwasoursuccess,in party,butpartofabroadernational courtswouldmeaningfullyliftIndia’s Wastheresponsetothecrisisdrivenby fact,thatweexitedtheIMFprogramme consensusonIndia’seconomicfuture. growthtrajectory.Third,integratingAIas convictionorcompulsion? twoyearsearly,inJune1993,curtailing aproductivityenhancerratherthan n IcallthephenomenonthetripleC: theFund’sabilitytopressusfurtheron HowshouldIndiasetmacroeconomic treatingitasexternaltoeconomicactiv- Circumstances,compulsionandconvic- thoseveryreforms. targetsinanincreasinglyuncertain, ity—alongsidescalingupapprentice- tion.Thelinebetweenthemshiftsover Inthatsense,theverysuccessofthe volatileworld? shipandskillingprogrammes,and time—circumstancesshapecompul- Indiannegotiators—ofwhichIwas n MacrostabilityisdeartothePrime buildingfurtheronIndia’sroleinglobal sions,andwhencompulsionsproduce privilegedtobeapart—alsocontained Minister(NarendraModi)personally. capabilitycentres. goodoutcomes,theybecomepartof ourfailure.Manyhavesaidthatwegot Fiscalrectitude,notprofligacy,hasbeen one’sconviction.Ourcircumstances— awayratherlightly:Thatweduckedthe NKSinghwasoneofIndia’skeyinterlocutorswiththeWorldBankand hisconsistentinstinct,evidentacross Thereisrealrivalryamongmiddle politicalinstability,fiscalprofligacy,shat- morebasicreformsofland,labour,and InternationalMonetaryFundduringthe1991balance-of-paymentscrisis bothBJPgovernments’FRBMinitiat- powers,includingIndiaandChina. teredinvestorconfidence—leftlittle capital,deferringthemtoanotherday. ives:theoriginal2003Actunder Caneconomiccooperationstillgrow? optionbuttoactaswedid;andbecause Theseremainunfinished. toIndia,evenwhileacceptingthemacro sectorandlaidinfrastructurethat Vajpayee,andthereviewcommitteeI n Theworldisnolongerbipolar;itis theoutcomesweregood,theybecame adjustmentsonthefiscalandcurrent informationtechnology(IT)andIT- chairedunderModi. plurilateral.Coalitionsformaroundspe- partofourconviction. WasthereanythingtheIMForWorld accountside.Shuklawasthebalancing enabledservicesfirmswouldlaterbuild Thepandemicupsetthattrajectory. cificissues—energy,technology,AI— Afewfeaturesstandout.First,the Bankpushedthegovernmenttodo, factor,withSinghtakingthefinalcall. on,feedingintoIndia’sdigital-services Thefinanceministerhassinceseta ratherthanasoverarchingblocs.India ethoswithintheIMFandWorldBank butitdidnotbudge? Singhwasanexceedinglydemocratic expansionanditsemergenceasahubfor fresh,morerealisticterminaltargetof50 haslongchampionedtheGlobalSouth, hadalreadychanged,whichmeantyou n Manythings—agriculturalreforms, financeminister. globalcapabilitycentres. percent,plusorminus1percent,by andmiddlepowers—Brazil,European couldnotaccessoneinstitution’s labourreforms,afasteropeningofthe Secondwashighwayconnectivity, FY31fortheCentre,recognisingthattoo countriesnowrelegatedfromgreat- resourceswithoutsatisfyingtheother’s capitalaccount,deeperchangestothe HowdidPrimeMinisterAtalBihari complementedbythePradhanMantri sharpafiscalcompressionwouldcom- powerstatus,Australia,Indonesia—all terms.Second,PrimeMinisterPVNara- foreigndirectinvestment(FDI)regime, Vajpayeecarryforwardtheliberalisa- GramSadakYojanaforruralIndia.Third promisegrowth.Thecriticalvariable havearoletoplayinimprovingcooper- simhaRao’sunderstatedsagacity.Herec- andearlymovesonthestatutoryliquid- tionprocess? wastheFiscalResponsibilityandBudget remainsthegrowthrate:At7-8percent, ation,notdeepeningrivalry.Onclimate ognisedthatreformsofthisscale ityratio),cashreserveratioandbanking- n Vajpayeewasacutelyawareofthe1991 ManagementActof2003itself,which thedebt-to-GDPratiowillfallfasteron finance,forinstance,thefactthattheUS requiredbuildingsupportacrossthe sectorcompetition. crisis,andseniorBJPleadershad,in embeddedfiscalprudenceintostatute itsown.Thisgovernment,unlikesome hassteppedbackfromtheParisAgree- politicalspectrum.AsManmohanSingh someform,beenkeptintheloopeven ratherthanleavingittoanindividual predecessors,hasneversoughttoinflate mentandUNFCCCdoesnotabsolvethe oncetoldme:“Financeministersareas Werethereseriousdifferenceswithin then.AsPrimeMinisterhegaveecon- governments’discretion— awaydebt—successiveRBIgovernors worldofitsresponsibilitytowardsthe strongorasweakasthePrimeMinister thefinanceministryoverthepace omicreformfreshimpetus,reconciling aframeworklaterextendedtostatesvia haveadheredtotheinflation-targeting nextgeneration.OnChinaspecifically: choosestomakethem”,andRaostaked ofliberalisation? hisownforward-lookinginstinctswith theTwelfthFinanceCommission,and framework.Iremainconfidentthe50per Wehavegenuinesecurityconcerns,but hisownpoliticalcapitalingivingSingh n Itwouldbeunnatural,inademocratic moreconservativeelementsinhisparty. oneIwouldlaterbeaskedtoreview centtargetisachievable. thatdoesnotmeanwehaltallbusiness. thatstrength. Cabinetsystem,ifthereweren’t.Shukla Hisclearestlegacyistelecomreform: andrecalibrate. Weneedtoberesponsibleandcase-by- Third,therewasthedeep-rooted andNayyarwerebothfiercenationalists TheNewTelecomPolicyof1999moved Fourth,disinvestmenttookinstitu- Thefinanceministry’slatestmonthly case,notcategorical,indealingwithChi- Indiandistrust,pre-datingIndepen- andintellectuallyhonest,butNayyarfelt thesectorfromanunsustainablefixed- tionalshape—adedicateddepartment economicreportspeaksofIndianeed- neseinvestment—thisgovernmenthas dence,ofprivateandespeciallyforeign theWorldBank’sstructuralconditions licence-feeregimetorevenue-sharing. in1999,lateraministry,withlandmark ingtoreinventitselfinlightofthedis- balancedthesegeopoliticaltensions capital—the“BombayClub”feared intrudedondecisionsthatshouldbelong Thisrescuedafinanci [Showing first 8,000 characters — download PDF for full document]