History

_x000D_ Hindustan Zinc Ltd, a subsidiary of the Vedanta Group, is a market leader in Zinc and lead and the Sulphuric Acid business. Hindustan Zinc Ltd was incorporated from the earlier Metal Corporation of India (MCI) on January 10, 1966, and established as a Public Sector Undertaking. The company went public in October 1992._x000D_ _x000D_ In 2002-03, the company completed 32,000 tonnes of zinc debottlenecking at the Debari and Vizag Zinc Smelters. In 2003-04, the company completed 35,000 tonnes of zinc debottlenecking at the Chanderiya Smelter Complex. In 2004-05, the company expanded its Rampura Agucha Mine from 2.30 million tonnes per annum to 3.75 million tonnes per annum. In 2005-06, the company commissioned a Hydrometallurgical Zinc Smelter (Hydro I) with a 170,000 tonnes per annum capacity at the Chanderiya Smelter Complex. _x000D_ _x000D_ In 2009-10, the company expanded its total mining capacity to 8.40 million tonnes annually. They also commissioned the Hydrometallurgical Zinc Smelter at Rajpura Dariba, increasing the Zinc and Lead metal production capacity. In 2014-15, a paste fill plant at the Sindesar Khurd Mine was commissioned. In 2016-17, HZL's Sindesar Khurd Mine achieved a 3.7 million MT per annum production capacity. In 2016-17, HZL successfully commissioned 16 MW of captive solar farms. Next year, the main shaft hoisting and south ventilation shaft systems were commissioned._x000D_ _x000D_ In 2020-21, a Dry Tailing Plant was commissioned at the Zawar Mine. The Graphite floatation system was also commissioned at Mill 3 of Sindesar Khurd Mines to enhance its smelter and boost the recovery. Backfill plants were also commissioned at the Zawarmala and Mochia mines. The company completed the Miyawaki Method of Afforestation pilot project at Debari Zinc Smelter (DZS). During 2023, the company entered its operations in a fertiliser project by incorporating Hindustan Zinc Fertilisers Private Limited (HZFPL)._x000D_

Business Segments

_x000D_ In terms of products offered, the company has 4 main categories:_x000D_

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1. Zinc - They produce refined zinc metal for various applications including galvanising, oxides, die castings and alloys.
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2. Lead - They produce lead ingots with a minimum 99.99% purity under brand names Vedanta 99.99 and Vedanta Pb 99.99.
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3. Silver - They produce refined silver that is recovered as a by-product of the zinc-lead facility. Their high-quality silver bullion has a minimum purity of 99.9%.
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4. Sulphuric Acid - They produce 98 % concentrated Sulphuric Acid at their production facilities in Chanderia, Debari and Dariba.
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5. Wind Energy - They have wind energy plants in 5 states, with long-term power purchase agreements with distribution companies.
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_x000D_ While silver brought in around 13% of the revenue, Zinc, Lead and others brought in the majority of revenue as of FY 2023. _x000D_ _x000D_ Subsidiaries_x000D_ _x000D_ As of March 31, 2023, the company had 4 wholly-owned subsidiaries:_x000D_

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1. Hindustan Zinc Alloys Private Limited
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2. Vedanta Zinc Football & Sports Foundation
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3. Hindustan Zinc Fertilisers Private Limited
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4. Zinc India Foundation
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Key Personnel

_x000D_ Ms Priya Agarwal Hebbar, Chairperson_x000D_ _x000D_ Ms Hebbar is passionate about nature conservation, animal welfare, child nutrition and gender parity. Under her leadership, the Anil Agarwal Foundation (AAF), the philanthropic arm of Vedanta, has invested around $240 million for socio-economic development efforts in India._x000D_

Corporate Actions

_x000D_ The following are the corporate actions undertaken by the company in the recent past._x000D_ _x000D_ Bonus Shares_x000D_ _x000D_ The company issued bonus shares at a 1:1 ratio with a record date of March 8, 2011._x000D_ _x000D_ Stock Split_x000D_ _x000D_ The company issued a stock split from a face value of ₹10 to ₹2 per share with a record date of March 8, 2011._x000D_ _x000D_ Mergers and Acquisitions_x000D_

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• Hindustan Zinc Fertilisers Private Limited (HZFPL) was incorporated into the company in 2023.
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