Hindustan Zinc has received an interim order from the Regional Director, North Western Region, Ministry of Corporate Affairs, regarding a lapse in mentioning the Director Identification Number (DIN) of directors in financial reports from 2014-15 to 2020-21. The company has been levied a total compounding fee of Rs. 63,90,000/-, applicable to both the company and its former Whole Time Directors. The company clarified that the error was inadvertent and has been rectified since 2022.
Interim Order Received
Hindustan Zinc received an interim order on December 17, 2025, from the Office of the Regional Director, North Western Region, Ministry of Corporate Affairs. The order addresses the application for compounding under Section 441 of the Companies Act, 2013.
Details of the Issue
The issue pertains to not mentioning the Director Identification Number (DIN) of the Directors as required under Section 158 of the Act, during the financial years 2014-15 to 2020-21.
Penalty Imposed
The Regional Director (NWR) has compounded the alleged violation, imposing a compounding fee of Rs. 63,90,000/- on the company and its ex-Whole Time Director(s). This penalty is in terms of the Interim Order.
Company’s Response
Hindustan Zinc states that the omission was purely inadvertent and has since been fully rectified from the financial year 2022 onwards. There is no impact on the Company’s financial operations or other activities due to the Interim Order.
Source: BSE
