Vivek Kumar Sharma, On behalf of the President of India, Ministry of Mines, Government of India has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
HINDCOPPER · price
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Awaiting price reaction for this filing.
Hindustan Copper Limited has filed an annual disclosure under SEBI Regulation 31(4) of the Takeover Regulations, 2011. The declaration was submitted by Vivek Kumar Sharma, Director, on behalf of the President of India — acting through the Ministry of Mines, Government of India — who is the promoter of the company. The filing confirms that the promoter did not create any encumbrance (such as pledge, lien, or charge) on the shares of Hindustan Copper Limited, either directly or indirectly, during the financial year ended 31st March 2025. This is a routine annual compliance filing required from promoters of listed companies.
This is a neutral, routine compliance filing and is not expected to have any material impact on the stock price. It simply reaffirms that the Government of India's stake in Hindustan Copper remains unencumbered, which is positive for shareholder confidence regarding the promoter's holding.