Meeting Details
The 60th Annual General Meeting of Hindustan Zinc Limited was held on June 29, 2026. The meeting was scheduled to commence at 11:30 AM IST but actually commenced at 11:50 AM IST due to technical issues. The meeting concluded at 1:54 PM IST, lasting approximately 2 hours and 4 minutes. The meeting was conducted through Video Conferencing/Other Audio Visual Means in accordance with circulars/notifications issued by the Ministry of Corporate Affairs and SEBI.
Attendance and Quorum
78 members attended the meeting. The requisite quorum was present to conduct the proceedings and was maintained throughout the meeting. The meeting was chaired by Ms. Priya Agarwal, Chairperson of the Board. Ms. Aashhima V Khanna, Company Secretary & Compliance Officer, confirmed quorum and introduced the Board of Directors and Key Managerial Personnel present.
Proceedings Summary
The Company Secretary briefed members on participation instructions through VC/OAVM and informed that all documents and registers referred to in the notice were electronically available for inspection. The Chairperson delivered opening remarks (enclosed as Annexure II), followed by an address from Mr. Arun Misra, Chief Executive Officer and Whole Time Director.
The Audited Financial Statements for FY2026 with Directors' and Auditors' Reports were taken as read. It was confirmed that the Auditors' Report does not contain any qualifications/modified opinion or adverse remarks.
E-voting facility was provided before and during the AGM, with voting kept open for 30 minutes post-proceedings. Mr. Manoj Maheshwari of M/s. V.M. & Associates was appointed as Scrutinizer to supervise the e-voting process.
Resolutions Passed
All eight resolutions set forth in the Notice were passed by members with requisite majority:
Ordinary Business:
1. Adoption of Audited Standalone Financial Statements for FY2026 ended March 31, 2026 - Ordinary Resolution
2. Adoption of Audited Consolidated Financial Statements for FY2026 ended March 31, 2026 - Ordinary Resolution
3. Confirmation of interim dividend for FY2026 ended March 31, 2026 - Ordinary Resolution
4. Re-appointment of Mr. Navin Agarwal (DIN: 00006303) who retires by rotation - Ordinary Resolution
5. Appointment of M/s M S K A & Associates LLP as Statutory Auditors - Ordinary Resolution
Special Business:
6. Ratification of remuneration of Cost Auditors for FY2027 ending March 31, 2027 - Ordinary Resolution
7. Appointment of Dr. Aruna Sharma (DIN: 06515361) as Independent Director - Special Resolution
8. Re-appointment of Mr. Arun Misra (DIN: 01835605) as Whole-time Director designated as Chief Executive Officer effective from June 01, 2026 to July 31, 2026 - Special Resolution
Chairperson's Address Highlights (Annexure II)
Ms. Priya Agarwal outlined the company's strategic evolution toward becoming a "future-ready energy transition company" focusing on critical minerals beyond zinc, including tungsten, potash, rare earth elements, and halite.
Operational Performance:
- Highest-ever mined metal production: >1.1 million tonnes
- Second-highest refined metal production: ~1.05 million tonnes
- Silver emerging as important business pillar
- Among lowest-cost zinc producers globally
Strategic Initiatives:
- Zinc Parks initiative with Tripura Group and CMR Green Technologies creating India's first integrated zinc manufacturing ecosystem
- Plans to double production capacity through disciplined, phased investments
- Target to extend mine life beyond 25 years through exploration investments
- Digital transformation through automation, AI-enabled systems, and advanced analytics
- Large-scale tailings reprocessing project to transform legacy waste into resources
Sustainability and Diversity:
- Progress toward Sustainability Goals 2030 as ICMM member
- Women represent 26% of workforce, targeting 35% near-term and 50% long-term
- Nand Ghar initiative reaching 4,000 villages and 2.6 million people
Availability of Information
The proceedings and Chairperson's speech are available on the company's website at https://www.hzlindia.com/.