58th Annual General Meeting of Hindustan Copper Ltd
Sep 25th, 2025 9:05 pm | By ThenewsmanofIndia.com | Category: LATEST NEWS
By THE NEWSMAN OF INDIA.COM| Kolkata, 25th September, 2025 | Hindustan Copper Ltd., a Miniratna Central Public Sector Enterprise under the administrative control of the Ministry of Mines, Govt. of India, held its 58th Annual General Meeting (AGM) today in a virtual mode in Kolkata today.
The Chairman Sanjiv Kumar Singh welcomed the members and briefed them about the Global and Indian Copper Scenario, market trends, outlook, physical and financial performance, expansion plan, social and environmental initiatives, etc. He stated that HCL has recorded Highest Revenue from Operation of ₹2070.97 crore in FY 2024-25, reflecting a robust year-on-year (YoY) increase by 21% percent from ₹1717.00 crore in FY 2023-24. The Company has clocked an increase in Profit After Tax (PAT) by 42% to ₹468.53 crore from ₹295.41 crore in FY 2023-24. Also, dividend equivalent to 29.20% on paid-up capital of the Company i.e. ₹1.46 per share on ₹5 face value for the year 2024-25 has been recommended by the Board for approval of shareholders in the AGM.
The AGM was attended by Sanjiv Kumar Singh, Chairman and Managing Director, Dr. Sanjeev Kumar Sinha, Director (Operations) & Director (Mining) – Addl. Charge, R V N Vishweshwar, Director (Finance), Shakil Alam and Dr Ashish Saxena, Government Nominee Directors (through VC), Avinash Janardan Bhide, Independent Director and Mritunjay Kumar Dev, Company Secretary & Compliance Officer. Bappa Dey, Under Secretary, Ministry of Mines, also attended the meeting as nominee of the President of India along with 81 other members of the Company.