Hindustan Copper Limited has informed the Exchange regarding Change in Director(s) of the company.
HINDCOPPER · price
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Awaiting price reaction for this filing.
Shri Ghanshyam Sharma, Director (Finance) and CFO of Hindustan Copper, retired on 31.05.2025 upon attaining superannuation. Shri Sanjiv Kumar Singh, the existing Chairman and Managing Director, has taken additional charge of the Director (Finance) post and the CFO role from 02.06.2025, per a Government of India Ministry of Mines order. This additional charge is temporary, lasting up to 3 months or until a regular appointee is placed, whichever is earlier. Shri Singh is a B.Tech and M.Tech in Mining from IIT (ISM) Dhanbad with over 38 years of public sector experience, and is not related to any existing board members or KMPs.
This is a routine, government-directed transition with no disruption to operations, as the CMD himself is holding the additional charge. The temporary arrangement may create some uncertainty over the finance function until a permanent Director (Finance) is appointed, but is unlikely to materially affect the stock in the short term.