Skip Navigation Links.

Hindustan Copper Ltd


BSE: 513599 | NSE: HINDCOPPER | ISIN: INE531E01026 
Market Cap: [Rs.Cr.] 22,825 | Face Value: [Rs.] 5
Industry: Mining / Minerals / Metals

 Discuss this stock

Board Meet

29-May-12 
Hindustan Copper Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on May 29, 2012, inter alia, to consider and approve annual accounts & financial results of the Company for the year 2011-12 and recommendation for payment of dividend for the year 2011-12. 
03-Feb-12 
Hindustan Copper Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on February 03, 2012, inter alia, to consider and approve Financial results of the Company for the quarter ended December 31, 2011 (Q3). 
08-Nov-11 
Hindustan Copper Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on November 10, 2011, inter alia, to consider and approve Financial results of the Company for the quarter ended September 30, 2011 (Q2). Hindustan Copper Ltd has informed BSE that due to unavoidable reasons, the meeting of the Board of Directors scheduled on November 10, 2011, to consider financial results of the Company for the quarter ended September 30, 2011, has been preponed. The Board meeting to consider and approve financial results for the quarter ended September 30, 2011 will now be held on November 08, 2011. (As Per BSE Announcement Website dated on 04.11.2011) 
03-Aug-11 
Hindustan Copper Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on August 03, 2011, inter alia, to consider and approve Financial results of the Company for the quarter ended June 30, 2011 (Q1) 
28-May-11 
Hindustan Copper Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on May 28, 2011, inter alia, to consider and approve annual accounts & financial results of the Company for the year 2010-11 and recommendation for payment of final dividend for the year 2010-11. Hindustan Copper Ltd has informed BSE that the Board of Directors of the Company at its meeting held on May 28, 2011, inter alia, has recommended final dividend of Rs. 0.50 per Equity share (on face value of Rs. 5/- each) for the year 2010-11, subject to approval of the Shareholders in the ensuing Annual General Meeting. The Company paid an interim dividend of Rs. 0.50 per Equity Share (on face value of Rs. 5/- each) in the month of November, 2011. The total dividend (including interim dividend) for the financial year 2010-11 is Rs 1.00 per Equity Share (on face value of Rs 5/- each). (As Per BSE Annoncwment Website Dated on 28/05/2011) With reference to the earlier announcements regarding the Board of Directors in their meeting held on May 28, 2011 have recommended for payment of 20% dividend including 10% Interim dividend already paid on November 22, 2010 (i.e. Re. 1.00 per share including Interim dividend of Re. 0.50 per share) for the financial year 2010-11 for approval of shareholders in the Annual General Meeting (AGM), Hindustan Copper Ltd has informed BSE that the shareholders in the Annual General Meeting held on September 20, 2011 have approved payment of dividend as recommended by the Board. The date of payment of 10% final dividend (i.e. Re. 0.50 per share) is October 18, 2011. (As Per BSE Annoncement Website Dated on 20/09/2011) 

AGM

20-Sep-11
Hindustan Copper Ltd has informed BSE that the Register of Members & Share Transfer Books of the Company will remain closed from September 06, 2011 to September 20, 2011 (both days inclusive) for the purpose of Payment of Dividend & 44th Annual General Meeting (AGM) of the Company to be held on September 20, 2011. With reference to the earlier announcements regarding the Board of Directors in their meeting held on May 28, 2011 have recommended for payment of 20% dividend including 10% Interim dividend already paid on November 22, 2010 (i.e. Re. 1.00 per share including Interim dividend of Re. 0.50 per share) for the financial year 2010-11 for approval of shareholders in the Annual General Meeting (AGM), Hindustan Copper Ltd has informed BSE that the shareholders in the Annual General Meeting held on September 20, 2011 have approved payment of dividend as recommended by the Board. The date of payment of 10% final dividend (i.e. Re. 0.50 per share) is October 18, 2011. (AsPer BSE Annoncement Website Dated on 20/09/2011) Hindustan Copper Ltd has submitted to BSE a copy of the minutes of the 44th Annual General Meeting (AGM) of the Company held on September 20, 2011 inter alia, have transacted the following: 1. Adoption of the Balance Sheet as at March 31, 2011 and the Profit and Loss Account for the year ended on that date alongwith the Schedules, Notes and Cash Flow Statement annexed thereto. 2. Declaration of dividend at the rate of 20% (inclusive of 10% interim dividend) for the financial year 2010-11. 3. Re-appointment of Shri Kailash Dhar Diwan, as Director of the Company. 4. Re-appointment of Shri Anupam Anand, as Director of the Company. 5. Authorised to fix the remuneration of Statutory Auditors of the Company for the year 2011-2012. 6. Appointment of Shri G. Srinivas as Director of the Company with effect from October 19, 2010. 7. Appointment of Smt Anjali Anand Srivastava as Director of the Company with effect from January 17, 2011. 8. Appointment of Shri Apurba Kumar Sarmah and Major General (Retired) Raajnish Gossain, as Directors of the Company with effect from September 23, 2010 in terms of Ministry of Mines order dated September 23, 2010. 9. Appointment of Shri Avijit Ghosh as Director (Mining) of the Company with effect from June 01, 2010 in terms of Ministry of Mines' order dated April 01, 2010. 10. Appointment of Shri K.K. Saberwal as Director (Finance) of the Company with effect from February 01, 2011, in terms of Ministry of Mines' order dated December 24, 2010. (As Per BSE Announcement Dated on 04.10.2011) 
30-Jun-10
Hindustan Copper Ltd has informed BSE that the Register of Members & Share Transfer Books of the Company will remain closed from June 25, 2010 to June 30, 2010 (both days inclusive) for the purpose of 43rd Annual General Meeting (AGM) of the Company to be held on June 30, 2010. Hindustan Copper Ltd has informed BSE that the Annual General Meeting (AGM) of the Company was held on June 30, 2010, inter alia, have accorded to the following: 1. Adoption of the Balance Sheet as at March 31, 2010 and the Profit and Loss Account for the year ended on that date along with the Schedules, Notes and Cash Flow Statement annexed thereto, the Report of the Statutory Auditors thereon and the Companys explanations in respect of the comments of Statutory Auditors' Comptroller and Auditor General of India (CEAG) and the Report of the Board of Directors for the year ended March 31, 2010. 2. Re-appointment of Shri. Michael Bastian & Dr. Mukesh Khare, as Directors of the Company. 3. Authority to the Board to fix the remuneration of Statutory Auditors of the Company for the year 2010-2011. 4. Appointment of Shri. Shakeel Ahmed as Chairman-cum-Managing Director of the Company with effect from October 28, 2009 in terms of Ministry of Mines' order dated October 08, 2009. 5. To offer, issue and allot new equity shares under the Fresh Issue and to include such number and percentage of equity shares as the Offer for Sale as may be requested to be undertaken by the President of India on behalf of the Government of India, and that the Fresh issue together with the Offer for Sale in the aggregate shall not exceed 20% of the preissue paid up capital of the Company (the 'Issue') , to such person or persons, who may or may not be the shareholders of the Company, as the Board (or any duly constituted Committee thereof) may at its sole discretion decide, including eligible investors (whether residents and/or non-residents and/or institutions / incorporated bodies and/or individuals and/or trustees and/or banks or otherwise, in domestic and/or one or more international markets) including Non-resident Indians, Foreign Institutional Investors (FIIs), Venture Capital Funds, Foreign Venture Capital Investors, State Industrial Development Corporations, Insurance Companies, Provident Funds, Pension Funds, Development Financial Institutions, Bodies Corporate, Companies (private or public) or other entities, authorities and employees by way of an employee reservation in one or more combinations thereof through a public issue in one or more tranches and including the exercise of a green-shoe option, if any, at such price as may be determined through a book-building process or any other approved mode under the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2009, in consultation with advisors or such persons and on such terms and conditions as may be finalized by the Board, subject to necessary provisions and approvals. (As Per BSE Announcemen Dated on 15.07.2010) 
30-Sep-09
Hindustan Copper Ltd has informed BSE that the Register of Members & Share Transfer Books of the Company will remain closed from September 24, 2009 to September 30, 2009 (both days inclusive) for the purpose of 42nd Annual General Meeting (AGM) of the Company to be held on September 30, 2009. Hindustan Copper Ltd has informed BSE that the members at the 42nd Annual General Meeting (AGM) of the Company held on September 30, 2009, inter alia, have accorded to the following: 1. Adoption of the Balance Sheet as at March 31, 2009 and the Profit and Loss Account for the year ended on that date alongwith the Schedules, Notes and Cash Flow Statement annexed thereto, the Report of the Statutory Auditors thereon and the Companys explanations in respect of the comments of Statutory Auditors' Comptroller and Auditor General of India (CEAG) and the Report of the Board of Directors for the year ended March 31, 2009. 2. Re-appointment of Shri. Arum Kumar Mago & Shri. Sakti Kumar Banerjee, as Directors of the Company. 3. Authority to the Board to fix the remuneration of Statutory Auditors of the Company for the year 2009-2010. 4. Appointment of Shri. R C Singla as Director (Mining) of the Company with effect from February 18, 2009 in terms of Ministry of Mines order dated February 18, 2009. 5. Appointment of Shri. Anupam Anand as Director(Personnel) of the Company with effect from August 05, 2009 in terms of Ministry of Mines order dated July 14, 2009. (As Per BSE Announcement Website dated on 07.10.2009) 
28-Aug-08
AGM 28/08/2008 Hindustan Copper Ltd has informed BSE that the members at the 41st Annual General Meeting (AGM) of the Company held on August 28, 2008 inter alia, have accorded to the following: 1. Adoption of the Balance Sheet as at March 31, 2008 and the Profit and Loss Account for the year ended on that date alongwith the Schedules, Notes and Cash Flow Statement annexed thereto, the Report of the Statutory Auditors thereon and the Company?s explanations in respect of the comments of Statutory Auditors/Comptroller and Auditor General of India (C&AG) and the Report of the Board of Directors for the year ended March 31, 2008. 2. Fix the remunerating of Statutory Auditors of the Company for the year 2008-2009. 3. Appointment of Shri. Arun Kumar Mago, Shri. Sakti Kumar Banergjee, Shri. Mani Krishna Murthy, Shri. Michael Bastian, Dr. Mukesh Khare, & Shri. Shantikam Hazarika as Directors on the Board of the Company with effect from January 07, 2008. 4. Delisting of equity shares of the Company from Calcutta Stock Exchange Association Ltd, Madras Stock Exchange Ltd, Delhi Stock Exchange Ltd and Ahmedabad Stock Exchange Ltd (As Per BSE Bulltetin dated on 04.09.2008) 
24-Dec-07
A.G.M. 24.12.207 Hindustan Copper Ltd has informed BSE that the 40th Annual General Meeting (AGM) of the members of the Company will be held on December 24, 2007, inter alia, to transact the following business: 1. To receive, consider and adopt the Audited Balance Sheet as on March 31, 2007 and the Profit and Loss Account for the year ended March 31, 2007 together with the Directors' Report, Auditors' Report and C&AG's comments. 2. To fix the remuneration of the Auditors. 3. To appoint Shri. Sanjiv Kumar Mittal as Director on the Board of the Company with effect from April 18, 2007 in terms of Ministry of Mines order dated April 18, 2007. 4. To appoint Shri. Kailash Dhar Diwan as Director (Operations) of the Company with effect from September 14, 2007 in terms of Ministry of Mines order dated June 28, 2007. 5. To issue and allot 15,70,00,000 equity shares of Rs 5/- each in the share capital of the Company for cash at par aggregating to Rs 78.50 crores (Rupees seventy eight crore fifty lakh) to the President of India on preferential allotment basis against conversion of Govt. loan into equity for Rs 50 crore and plan equity support of Rs 28.50 crore received from Government upon receipt of approval for capital reduction from the Ministry of Corporate Affairs, Government of India, subject to necessary provisions & approvals. 6. The existing article no. 69 of the Article of Association of the Company be and is hereby altered to read as follows: 7. The number of directors of the Company shall not be less than three and more than fourteen. The Directors are not required to hold any qualification shares. (As per BSE Announcement Website dated on 03/12/2007) Hindustan Copper Ltd has informed BSE that the members at the Annual General Meeting (AGM) of the Company held on December 24, 2007, inter alia, have accorded to the following: 1. Adoption of the Balance Sheet as at March 31, 2007 and the Profit and Loss Account for the year ended on that date alongwith the Schedules, Notes and Cash Flow Statement annexed thereto, the Report of the Statutory Auditors thereon and the Company's explanations in respect of the comments of Statutory Auditors / Comptroller and Auditor General of India (C&AG) and the Report of the Board of Directors for the year ended March 31, 2007. 2. Authority to the Board of the Company to fix the remuneration of Statutory Auditors of the Company for the year 2007-2008. 3. Appointment of Shri Sanjiv Kumar Mittal as Director on the Board of the Company with effect from April 18, 2007 in terms of Ministry of Mines' order dated April 18, 2007. 4. Appointment of Shri Kailash Dhar Diwan as Director (Operations) of the Company with effect from September 14, 2007 in terms of Ministry of Mines order dated June 28, 2007. 5. Authority to the Board of Directors of the Company to issue and allot 15,70,00,000 equity shares of Rs 5/- each in the share capital of the Company for cash at par aggregating to Rs 78.50 crores (Rupees seventy eight crore fifty Lakh) to the President of India on preferential allotment basis against conversion of Govt. loan into equity for Rs 50 crore arid plan equity support of Rs 28.50 crore received from Government upon receipt of approval for capital reduction from the Ministry of Corporate Affairs, Govt. of India, subject to necessary provisions & approvals. 6. Alteration in the existing article no. 69 of the Articles of Association of the Company to read follows: "69 The number of directors of the Company shall not be less than three and not more than fourteen. The Directors are not required to hold any qualification shares." (As per BSE Announcement Website dated on 28/12/2007) 

EGM

16-Aug-07
Hindustan Copper Ltd has informed BSE that an Extra Ordinary General Meeting (EGM) of the members of the Company will be held on August 16, 2007, inter alia, to transact the following: 1. Subject to confirmation of the Ministry of Corporate Affairs / Company Law Board and any other Government agencies, the paid up equity share capital of the Company be reduced from Rs 768,21,80,000/- divided into 76,82,18,000 equity shares of Rs 10/- each to Rs 384,10,90,000/- divided into 76,82,18,000 equity shares of Rs 5/- each, and that such reduction be effected by cancelling the equity share capital of Rs 384,10,90,000/- which has been lost or unrepresented due to past accumulated losses to the extent of Rs 5/- per equity share in each and every equity shares of the Company which have been issued. Further the Preference share capital amounting to Rs 180,73,24,000/- comprising of 18,07,324 nos. 7.5% non cumulative redeemable preference shares of Rs 1000/- each held by the President of India, be waived off and adjusted against accumulated losses of the Company. Further the accumulated losses of the Company to the tune of Rs 564,84,14,000/- be written off by cancelling the paid up equity share capital of the Company by Rs 5/- per equity share amounting to Rs 384,10,90,000/-, and by waiving off the entire amount of Preference share capital held by President of India, amounting to Rs 180,73,24,000/-. Further, necessary amendments in the capital clause of the Memorandum of the Company be made and the existing clause V of the Memorandum of Association of the Company be altered to read as follows: The Authorised Share Capital of the Company is Rs 1100 crores divided into: i. 1,80,00,00,000 Equity Shares of Rs 5/- each. ii. 20,00,000 Preference Shares of Rs 1000/- each. With the rights, privileges and conditions attaching thereto as may be provided by the Articles of Association of the Company for the time being, with power to increase and reduce the Capital of the Company and divide the shares in the Capital for the time being into several classes and to attach thereto respectively such preferential, deferred, guaranteed, qualified or special rights, privileges and conditions as may be determined by or in accordance with the Articles of Association of the Company and to vary, modify, amalgamate any such rights, privileges or conditions in such manner as may for the time being be provided by the Articles of Association of the Company, subject always to the provisions of the Companies Act, 1956. 2. The existing article 5 of the Articles of Association of the Company be and is hereby alter to read as follows: The Authorised Share Capital of the Company is Rs 1100 crores divided into: i. 1,80,00,00,000 Equity Shares of Rs 5/- each. ii. 20,00,000 Preference Shares of Rs 1000/- each. Hindustan Copper Ltd has informed BSE that the members at the Extra Ordinary General Meeting (EGM) of the Company held on August 16, 2007, inter alia, have transacted the following: 1. Subject to confirmation of the Ministry of Corporate Affairs / Company Law Board and any other Government agencies, the paid up equity share capital of the Company be reduced from Rs 768,21,80,000/- divided into 76,82,18,000 equity shares of Rs 10/- each to Rs 384,10,90,000/- divided into 76,82,18,000 equity shares of Rs 5/- each, and that such reduction be effected by cancelling the equity share capital of Rs 384,10,90,000/- which has been lost or unrepresented due to past accumulated losses to the extent of Rs 5/- per equity share in each and every equity shares of the Company which have been issued. Further the Preference share capital amounting to Rs 180,73,24,000/- comprising of 18,07,324 nos. 7.5% non cumulative redeemable preference shares of Rs 1000/- each held by the President of India, be waived off and adjusted against accumulated losses of the Company. Further the accumulated losses of the Company to the tune of Rs 564,84,14,000/- be written off by cancelling the paid up equity share capital of the Company by Rs 5/- per equity share amounting to Rs 384,10,90,000/-, and by waiving off the entire amount of Preference share capital held by President of India, amounting to Rs 180,73,24,000/-. Further, necessary amendments in the capital clause of the Memorandum of the Company be made and the existing clause V of the Memorandum of Association of the Company be altered to read as follows: The Authorised Share Capital of the Company is Rs 1100 crores divided into: i. 1,80,00,00,000 Equity Shares of Rs 5/- each. ii. 20,00,000 Preference Shares of Rs 1000/- each. With the rights, privileges and conditions attaching thereto as may be provided by the Articles of Association of the Company for the time being, with power to increase and reduce the Capital of the Company and divide the shares in the Capital for the time being into several classes and to attach thereto respectively such preferential, deferred, guaranteed, qualified or special rights, privileges and conditions as may be determined by or in accordance with the Articles of Association of the Company and to vary, modify, amalgamate any such rights, privileges or conditions in such manner as may for the time being be provided by the Articles of Association of the Company, subject always to the provisions of the Companies Act, 1956. 2. The existing article 5 of the Articles of Association of the Company be and is hereby alter to read as follows: The Authorised Share Capital of the Company is Rs 1100 crores divided into: i. 1,80,00,00,000 Equity Shares of Rs 5/- each. ii. 20,00,000 Preference Shares of Rs 1000/- each. (As Per BSE Announcement Website Dated on 21/08/2007) 
31-Mar-03
EGM 31/03/2003 - (Cancelled) To increase Authorised Capital of the company to Rs.900 crores & to issue 17,05,00,000 the President of India. 
20-Feb-02
At the EGM of the company held on 20.02.02, it was noted that, the company has incurred accumulated loss of Rs.448.40 crores upto 31.03.01 and peak net worth of the company has been eroded by 82.36%. Government has decided to disinvest its entire shareholding of 98.95% in the company and M/s.A.F.Ferguson & Co., New Delhi has been appointed by Govt. as Advisor for disinvestment of the company.  

Peer Comparison

Company Market Cap
(Rs. in Cr.) 		P/E (TTM)
(x) 		P/BV (TTM)
(x) 		EV/EBIDTA
(x) 		ROE
(%) 		ROCE
(%) 		D/E
(x)
Coal India 195,554.51 24.24 10.00 42.22 28.1 27.3 0.08
NMDC 66,111.37 8.56 3.44 9.66 38.8 58.2 0.00
Hind.Zinc 48,992.35 8.81 1.82 8.13 24.1 29.4 0.00
Sterlite Inds. 32,049.04 15.97 1.30 26.97 6.2 7.6 0.24
Hind.Copper 22,825.18 92.40 18.42 73.96 19.0 28.6 0.00
Sesa Goa 15,674.22 9.08 1.21 5.56 36.5 41.3 0.15
G M D C 5,146.83 11.68 3.08 6.36 24.4 35.3 0.11
MOIL 4,404.96 9.92 2.07 5.20 30.9 46.3 0.00
Binani Zinc 3,211.95 0.00 44.23 0.00 -11.2 8.9 0.85
Orissa Minerals 1,647.98 479.09 2.06 63.51 1.2 2.1 0.00
Gravita India 1,228.25 151.56 19.52 32.88 24.3 25.4 0.58
Himadri Chemical 1,128.17 17.84 1.33 11.78 14.5 12.2 0.80
Guj NRE Coke 949.77 7.41 0.62 12.55 3.9 7.4 1.03
Indian Metals 753.29 11.78 0.96 5.84 24.6 26.8 0.71
Tinplate Co. 407.17 24.62 0.82 7.86 8.4 9.1 0.62

Futures & Options Quote

 
Expiry Date
NA
Instrument: NA
Expiry Date: NA
Strike Price: NA
Open Price: NA
Average Price: NA
No. of Contracts Traded: NA
Open Interest: NA
Underlying: NA
Option Type: NA
Market Lot: NA
Previous Close: NA
Day’s High | Low: NA | NA
Turnover (Cr.): NA
Open Int. Change: NA | NA
View detailed F& O quotes >>

Key Information

Key Executives:

Shakeel Ahmed , Chairman & Managing Director 

Kailash Dhar Diwan , Director (Operation) 

Anupam Anand , Director (Personnel) 

C S Singhi , Company Secretary 

Company Head Office / Quarters:
Tamra Bhavan,
1 Ashutosh Chowdhury Avenue,
Kolkata,
West Bengal-700019
Phone : 91-33-22832224/22832226
Fax : 91-33-22832478/22832640
E-mail : investors_cs@hindustancopper.com
Web : http://www.hindustancopper.com
Registrars:
CB Management Services (P) Ltd
P-22
Bondel Road

Kolkata - 700 019

Fund Holding

 

Calendar

May-2012
M T W T F S S
21 22 23 24 25 26 27
IPO
listNo IPO today
Economic Events
list U. of Michigan Confidence
list Italian Hourly Wages (MoM)
Results
list Reliance Infra. | Crompton Greaves | ITC | Guj Fluorochem