Hindustan Copper Limited (HCL) has announced the cessation of Shri Avinash Janardan Bhide’s tenure as a part-time non-official (Independent) Director. His term concluded on March 31, 2026, following the completion of the tenure stipulated by the Ministry of Mines order dated April 1, 2025. This disclosure was made to the stock exchanges on March 31, 2026, in compliance with mandatory listing regulations.
Completion of Independent Director Tenure
Hindustan Copper Limited (HCL) officially informed the stock exchanges regarding the conclusion of Shri Avinash Janardan Bhide’s service as a part-time non-official (Independent) Director. This cessation occurred on March 31, 2026.
Basis for Cessation
The conclusion of Shri Bhide’s term was in accordance with the provisions outlined in the Order No. Met.3-10/2/2020-Met.III. This specific order was issued by the Ministry of Mines, Government of India, on April 1, 2025, appointing the director for a specified period.
Government Order Reference
The official ORDER from the Ministry of Mines, dated April 1, 2025, confirmed the appointment of Shri Avinash Janardan Bhide as a Non-Official Director on the Board of HCL for a period of one year, effective from the notification date, or until further orders. The official signing authority for this order was Under Secretary Rajesh Kumar Yadav.
Compliance and Disclosure
HCL confirmed that this information is being submitted for record and necessary compliance with disclosure requirements, effective as of the announcement date, March 31, 2026. The notice was duly signed by the Company Secretary & Compliance Officer, Mr. Mritunjay Kumar Dev.
Source: BSE