Key Quantitative Figures

  • Cut-off date for voting eligibility: September 11, 2026
  • E-voting period: September 17, 2026 (9:00 AM IST) to October 16, 2026 (5:00 PM IST)
  • Amarendu Prakash's fixed pay: ₹30,00,000 - ₹55,00,000 per month
  • Amarendu Prakash's ESOS grant valuation: ₹400 lakhs
  • Joining bonus for Amarendu Prakash: ₹100 lakhs (with 24-month clawback)

Dates of Action

  • July 24, 2026: Board approved Amarendu Prakash's appointment
  • August 01, 2026: Effective date of Amarendu Prakash's appointment
  • August 14, 2026: Ministry of Mines order for Yogesh Attray's appointment
  • August 15, 2026: Board approved Yogesh Attray's appointment
  • September 09, 2026: Postal Ballot Notice date
  • September 11, 2026: Cut-off date for voting eligibility
  • September 17, 2026: E-voting commencement
  • October 16, 2026: E-voting conclusion

Parties Involved

  • Hindustan Zinc Limited (Company)
  • Amarendu Prakash (Proposed CEO & Whole-time Director)
  • Yogesh Attray (Proposed Independent Director)
  • Ministry of Mines, Government of India (Nominating authority)
  • KFin Technologies Limited (RTA)
  • National Securities Depository Limited (E-voting agency)
  • Central Depository Services (India) Limited
  • BSE Limited and National Stock Exchange of India Limited

Resolutions Proposed

1. Ordinary Resolution: Appointment of Mr. Amarendu Prakash (DIN: 08896653) as Director and Whole-time Director designated as Chief Executive Officer for 3 years from August 01, 2026 to July 31, 2029

2. Special Resolution: Appointment of Dr. Yogesh Attray (DIN: 07654847) as Independent Director for 3 years from August 14, 2026 or until further orders of Ministry of Mines

Remuneration Details for Amarendu Prakash

  • Fixed Pay: ₹30,00,000 - ₹55,00,000 per month (including PF & gratuity)
  • Annual Performance Pay: Up to 100% of fixed pay based on achievement of business outcomes, HSE parameters, and strategic goals
  • Long-Term Incentive Plan: ESOS grant with valuation of ₹400 lakhs under FY 2026-27 cycle
  • Other Benefits: Company car or cash equivalent, fuel/maintenance/driver expenses, telephones, communication facilities
  • Joining Bonus: ₹100 lakhs with 100% clawback for 24 months
  • No sitting fees for board/committee meetings

Voting Procedure

  • Remote e-voting only through NSDL platform
  • Voting rights proportional to shareholding as of September 11, 2026 cut-off date
  • Institutional members must submit Board Resolution/Power of Attorney authorization
  • Scrutinizer: CS Manoj Maheshwari (FCS 3355; CP No.: 1971)
  • Alternative Scrutinizer: CS Priyanka Agarwal (FCS 11138; CP No.: 15021)
  • Results to be declared within 2 working days after e-voting conclusion

Background of Appointees

Amarendu Prakash: Seasoned business leader with over three decades in steel and metals industry, former Chairman & Managing Director of Steel Authority of India Limited (SAIL), Metallurgical Engineer from BIT Sindri.

Yogesh Attray: Educationist, researcher, and entrepreneur with over two decades experience, Chairman of Bhartiya Prashikshan Sansthan, owner of Attray Organics Farmhouse, Ph.D. in Political Science from Dr. A.P.J. Abdul Kalam University.

Financial Impact

No specific financial impact quantified beyond the disclosed remuneration packages. The appointments are subject to shareholder approval through the postal ballot process.

Documents Availability

All material documents referred to in the Notice are available for electronic inspection without fee from the date of circulation until the last date of e-voting by emailing hzl.secretarial@vedanta.co.in.