General Updates

No. HCL/SCY/SE/2026 26.08.2026 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: Fine imposed from BSE and NSE for Non-Compliance of Corporate Governance Requirement of SEBI (LODR) Regulations, 2015 Sir / Madam, It is informed that both BSE Ltd (BSE) and National Stock Exchange of India Ltd (NSE), vide Email / Letter dated 25.08.2026 (Copy enclosed as Annexure – I & II), have imposed fine on Hindustan Copper Ltd (HCL) for non-compliance with requirements pertaining to composition of the Board and constitution of Committees. Details required as per Sub-Para 20, Para A, Part A of Schedule III to SEBI (LODR) Regulations, 2015 are given below: Sr. Details required Reply/ Remark 1. Name of the authority; BSE and NSE 2. Nature and details of the Imposition of fine of Rs.14,43,140/- each by both BSE action(s) taken or order(s) and NSE due to non-compliance of Regulation 17(1), passed 17(2A), 18(1), 19(1)/(2), 20(2)/(2A) and 21(2) of SEBI (LODR) Regulations, 2015 3. Date of receipt of direction or 25.08.2026 order, including any ad-interim or interim orders, or any other communication from the authority 4. Details of the violation(s)/ Non-compliance with requirements pertaining to contravention(s) committed or composition of the Board and Constitution of alleged to be committed Committees 5. Impact on financial, operation HCL, being a Government Company, the power of or other activities of the listed appointment of directors on its Board as per its entity, quantifiable in Articles of Association is vested with President of monetary terms to the extent India, acting through the Ministry of Mines, 2283-2226 (Hunting). वेब Web: www.hindustancopper.com, ईमले Email: investors_cs@hindustancopper.com possible Government of India. The Company has written to the Ministry of Mines, Government of India for appointment of required number of directors on the Board of HCL and the matter is under consideration. Consequent upon appointment of required number of directors on the Board of HCL, the Company will seek waiver of fines from both BSE and NSE. Hence, there is no impact on financial, operation or other activities of the Company. The above is submitted pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 for information please. Thanking you, Yours faithfully, (Mritunjay Kumar Dev) Company Secretary & Compliance Officer Encl. as stated From: "bse.soplodr" <bse.soplodr@bseindia.com> To: "investors_cs@hindustancopper.com" <investors_cs@hindustancopper.com>, "hcl_ho@hindustancopper.com" <hcl_ho@hindustancopper.com>, "investors_cs@hindustancopper.com" <investors_cs@hindustancopper.com>, "investors_cs@hindustancopper.com" <investors_cs@hindustancopper.com> Cc: "bse.soplodr" <bse.soplodr@bseindia.com> Date: Tuesday, August 25, 2026 06:56PM Subject: 513599-Fines as per SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 issued on July 11, 2023 and last updated on January 30,2026 (Chapter VII (A)-Penal Action for Non-Compliance) History: This message has been forwarded. Ref.: SOP-CReview/ QTR-Jun-26 The Company Secretary/Compliance Officer Company Name: Hindustan Copper Ltd Scrip Code: 513599 Dear Sir/Madam, Sub: Fines as per SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 issued on July 11, 2023 and last updated on January 30,2026 (Chapter VII (A)-Penal Action for Non-Compliance). The company is advised to refer to the SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 issued on July 11, 2023 and last updated on January 30,2026 issued by Securities and Exchange Board of India (SEBI) with respect to penal actions prescribed for non-compliance of certain provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and the Standard Operating Procedure for suspension and revocation of trading of specified securities of listed entities. The Exchange had also issued a guidance note regarding the provisions of the said SEBI circular which is disseminated on the Exchange website at the following link: https://www.bseindia.com/downloads1/Guidance_Note_for_SEBI_SOP_Circular.pdf In this regard it is observed that the company is non-compliant/late compliant with the following Regulations for the period mentioned below: Applicable Regulation Fine Fines levied till the Fine payable by the company as on August of SEBI (LODR) prescribed quarter ended 25,2026 Regulations, 2015 (inclusive of GST @ 18 %) Basic Fine GST @ 18 Total Fine % payable Regulation 17(1) Rs. 5,000 June 2026 455000 81900 536900 Non-compliance with the per day requirements pertaining to the composition of the Board including failure to appoint woman director Regulation 17(1A) Rs. 2,000 June 2026 0 0 0 Non-compliance with the per day requirements pertaining to appointment or continuation of Non- executive director who has attained the age of seventy-five years Regulation 17(2) Rs. 10,000 June 2026 0 0 0 Non-compliance with the per requirements pertaining to instance the number of Board meetings Regulation 17(2A) Rs. 10,000 June 2026 40000 7200 47200 Non-compliance with the per requirements pertaining to instance quorum of Board meetings. Regulation 18(1) Rs. 2,000 June 2026 182000 32760 214760 Non-compliance with the per day constitution of audit committee Regulation 19(1)/ 19(2) Rs. 2,000 June 2026 182000 32760 214760 Non-compliance with the per day constitution of nomination and remuneration committee Regulation 20(2)/(2A) Rs. 2,000/- June 2026 182000 32760 214760 Non-compliance with the per day constitution of stakeholder relationship committee Regulation 21(2) Rs. 2,000/- June 2026 182000 32760 214760 Non-compliance with the per day Constitution of risk management committee Regulation 27(2) *Rs. June 2026 0 0 0 2,000/- per Non-submission of the day (-) Corporate governance compliance report within the period provided under this regulation Total 1223000 220140 1443140 (*) As per the provisions of the circular the fines will continue to be computed further till the time of rectification of the non-compliance to the satisfaction of the Exchange or till the scrip of the listed entity is suspended from trading for non-compliance with aforesaid provisions. The Company is therefore advised to note that as per the provisions of this circular: · The company is required to ensure compliance with above regulation and ensure to pay the aforesaid fines including GST within 15 days from the date of this letter/email, failing which Exchange shall, pursuant to the provisions of the aforesaid circular, initiate action related to freezing of the entire shareholding of the promoter in this entity as well as all other securities held in the demat account of the promoter. · Further in the event of this being the second consecutive quarter of non-compliance for the Regulation 17(1), 18(1), 27(2) would result in the company being transferred to Z group and liable for suspension of trading of its equity shares. · The company is also advised to ensure that the subject matter of non-compliance which has been identified and indicated by the Exchange and any subsequent action taken by the Exchange in this regard shall be placed before the Board of Directors of the company in its next meeting. Comments made by the board shall be duly informed to the Exchange for dissemination. For the Companies to whom Regulation 15 (2) of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015, is not applicable, a certificate from the Company Secretary/Compliance Officer of the company, certifying that Paid up equity capital was not exceeding Rs.10 Crores and Net worth was not exceeding Rs.25 Crores as on the last day of the previous three consecutive financial year is required to be submitted to the Exchange. Companies are requir [Showing first 8,000 characters — download PDF for full document]