HINDZINCNSEHindustan Zinc Limited· MetalsHighNeutral
Announced Fri, 29 May · 18:02 IST

Hindustan Zinc Limited has informed the Exchange regarding Appointment of Mr Amit Gupta as Chief Financial Officer of the company w.e.f. Jun 01, 2026.

Management Changes View source PDF

HINDZINC · price

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Price reaction · full curve 14 horizons · vs prior close
-1.4%1-day move
₹634.00
prior close
₹635.95
base price
After-mkt
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5m10m15m30m1D2D3D4D5D7D15D1M2M3M
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AI summary

Hindustan Zinc Limited's Board of Directors has approved two key items at their meeting on May 29, 2026. First, the tenure of CEO & Whole-time Director Mr. Arun Misra has been extended for 2 months only (June 1 to July 31, 2026), subject to shareholder approval. Second, Mr. Amit Gupta has been appointed as Chief Financial Officer and Key Managerial Personnel, effective June 1, 2026. Mr. Gupta is an internal hire with over 22 years of experience across Vedanta Group, including prior CFO roles at BALCO and Deputy CFO at Vedanta Aluminum Metal Limited. He is a Chartered Accountant with a Diploma in IFRS from ACCA, UK.

Likely market impact

The short 2-month extension for the CEO suggests a transitional arrangement, possibly pending a permanent successor search. The appointment of an experienced internal candidate as CFO ensures continuity in financial leadership within the Vedanta group structure.