HINDCOPPERNSEHindustan Copper Limited· MetalsMinimalNeutral
Announced Wed, 27 May · 13:13 IST

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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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
-3.4%1-day move
₹560.00
prior close
₹556.15
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.1-0.1-0.0-0.0-3.4-3.1-2.4-2.4-3.2-9.3-8.8-10.9-13.8
Up moveDown movePending
AI summary

The Ministry of Mines, on behalf of the President of India who is the promoter of Hindustan Copper Ltd, has submitted a disclosure under SEBI Regulation 31(4) of the Takeovers Regulations. The declaration confirms that the President of India has not created any encumbrance — directly or indirectly — on the shares of Hindustan Copper Ltd during the financial year ending 31st March, 2026. This is a routine compliance filing confirming the promoter shareholding is free of any pledge, lien, or restriction. The filing covers BSE (Scrip Code: 513599) and NSE (Symbol: HINDCOPPER).

Likely market impact

A 'no encumbrance' declaration is a positive signal, confirming the Government of India's stake in the PSU is unpledged and fully liquid. This removes concerns about promoter-level share disposal risk, which is reassuring for existing shareholders.