3 November 2026
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Hindustan Copper Appoints Ashish Kumar Khetan, Madhumita Daolagupu as Independent Directors

HCL appoints two Part-time Non-Official Independent Directors for a three-year term following the Ministry of Mines order dated August 14, 2026.
Indian Masterminds Stories

New Delhi: Hindustan Copper Limited (HCL) has announced the appointment of Mr. Ashish Kumar Khetan and Madhumita Daolagupu as Part-time Non-Official (Independent) Directors on its Board.

The appointments were conveyed by the Ministry of Mines, Government of India, through an order dated August 14, 2026.

HCL Appoints Two Independent Directors

According to the regulatory filing, the two appointees have been appointed to HCL’s Board as Part-time Non-Official (Independent) Directors.

Key Appointment Details

  • Mr. Ashish Kumar Khetan – Part-time Non-Official (Independent) Director
  • Madhumita Daolagupu – Part-time Non-Official (Independent) Director
  • Tenure: Three years from the date of notification of appointment
  • Tenure condition: The appointments will continue for three years or until further orders, whichever is earlier
  • Appointing authority: Ministry of Mines, Government of India
  • Appointment order: August 14, 2026

Read also: Hindustan Copper Q1 FY27 Results: Revenue Jumps 81% to ₹936.50 Crore, PAT Surges 163%

Appointments Made by Ministry of Mines

The Ministry of Mines issued the order communicating the appointments of Ashish Kumar Khetan and Madhumita Daolagupu to Hindustan Copper Limited.

The appointments form part of the Board-level changes at the public sector copper company and strengthen its Board with two new independent directors.

HCL to Complete Statutory Formalities

Hindustan Copper Limited said it will complete the necessary statutory formalities related to the appointments.

The company will also make further disclosures, wherever required, under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended.

The latest disclosure has been made by HCL to comply with applicable stock exchange and SEBI requirements.

Focus on Corporate Governance

The appointment of independent directors is also significant from a corporate governance perspective. Independent directors provide an independent perspective on important matters and contribute to effective oversight of the company.

The appointments are expected to support HCL’s Board-level governance and decision-making processes.

About Hindustan Copper Limited

Hindustan Copper Limited (Hindustan Copper Limited) is a Government of India-owned Miniratna company engaged in copper mining, beneficiation, smelting, and refining. The company plays a key role in meeting India’s domestic copper demand and contributes significantly to the country’s mining and metals sector.

Read also: Hindustan Copper Limited Signs MoA with CSIR-NML to Advance Mining and Metallurgical Research


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