Hindustan Copper CMD appointment: Anupam Misra to take charge on 1 July 2026

Hindustan Copper Ltd said Anupam Misra will assume charge as Chairman & Managing Director on July 1. The change comes as the state-owned miner runs a large expansion plan. The programme aims to lift mining output to match rising domestic needs. Demand is linked to renewable energy, electric vehicles, and AI infrastructure.

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Misra is set to replace current CMD Sanjiv Kumar Singh, who retires on June 30. The company said it will complete required statutory steps for the appointment. The update was shared through a filing to the BSE. Hindustan Copper Ltd also outlined its spending and output targets under a longer plan.

Hindustan Copper Ltd CMD appointment details

In its filing, the company said, "The Ministry of Mines has conveyed the appointment of Anupam Misra, Director Marketing, Fertilisers and Chemicals Travancore Ltd FACT Ltd to the post of Chairman & Managing Director CMD, Hindustan Copper Ltd HCL w.e.f. the date of his assumption of charge of the post on or after 01.07.2026, till the date of his superannuation, i.e. 28.02.2030, or until further orders, whichever is earlier.\"

The filing also said, \"The company will undertake necessary action to complete the statutory formalities regarding appointment of Shri Anupam Misra,\". Misra is currently Director Marketing at Fertilisers and Chemicals Travancore Ltd. The Ministry of Mines conveyed the appointment, the company stated. The tenure runs till superannuation on 28.02.2030, unless orders change.

Hindustan Copper Ltd capex plan and annual spend

Hindustan Copper Ltd has planned capital expenditure of Rs 7,188.90 crore over five years. The company plans to spend Rs 450.51 crore in the current year. It has earmarked Rs 1,421.73 crore for 2027. Another Rs 1,993.70 crore is planned for 2028.

The company also scheduled Rs 2,227.18 crore of spending in 2029. It set aside Rs 1,095.48 crore for 2030. The company earlier flagged a Rs 7,189 crore capital expenditure programme. It linked the plan to a goal of tripling mining capacity. The roadmap focuses on scaling operations over the period.

Hindustan Copper Ltd ore production target under Vision 2030

Hindustan Copper Ltd targets a sharp rise in production capacity under its Corporate Plan - Vision 2030. Total ore output is projected to rise from 4.21 million tonnes per annum in 2025-26. It is expected to reach 12.20 MTPA by 2029-30. The company described Vision 2030 as a roadmap for its next phase.

The company said the expansion is meant to support higher domestic consumption trends. It cited demand from renewable energy, electric vehicles, and AI infrastructure. The leadership change is timed with the ongoing investment cycle. Hindustan Copper Ltd has set spending and output milestones through 2030. The company said statutory steps will be completed for Misra’s appointment.

With inputs from PTI