Hindustan Copper Appoints P A & Associates as Auditors

Change in Statutory Auditors – Hindustan Copper Ltd

Outgoing Auditor

Name of the Resigning Firm: Not Specified

Reason for Resignation: Not Specified

Effective Date of Resignation: Not Specified

Date of Resignation Letter: Not Specified

Duration in Role (if available): Not Specified

Board’s Acknowledgment / Statement: Not Specified

Replacement Appointed

Name of the New Audit Firm: P A & Associates

Firm Registration Number (FRN): 313085E

Term of Appointment and Validity: Appointed for financial year 2026-2027

Interim Appointment or Subject to Shareholder Approval: Appointment made by Comptroller & Auditor General of India under section 139 of the Companies Act, 2013

Qualifications or Professional Standing (if mentioned): Firm has 15 partners, formed on 15.10.1980, empaneled with CAG under registration CAV/F/LP/SP0027, PAN: AAFFP2414G, Bank Unique Code: 260118

Regulatory Compliance Statement (SEBI LODR, Circulars)

Disclosure submitted pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

Delay in Disclosure (if applicable): No delay indicated. C&AG letter dated 08.09.2026 was received and disclosed on 14.09.2026

Financial Implications

Remuneration: To be regulated as per section 142 of the Companies Act 2013 read with guidelines issued by Department of Company Affairs vide no. 7/76 dated 8th April, 1976 and no. 8/6/83 dated 07th June, 1984

Revision Process: Company must intimate any revision in audit fees for 2026-2027 and item-wise details of all remuneration paid to auditors for other services (other than statutory audit) along with TA/DA paid for 2025-2026 once accounts are finalized

Board / Committee Meeting Details

Date and Name of the Meeting: Not Specified

Resolutions or Approvals Given: Not Specified

Annexures / Firm Profiles

Summary of Incoming Audit Firm's Experience: P A & Associates has branch offices in Sambalpur, Rourkela, and Cuttack. Managing Partner is CA. Prashant Panda (Mobile: +91 9238045945, Email: prashantpanda55@gmail.com). Firm email: bhubaneswar@paassociates.in

Any Declarations or Eligibility Confirmations: Firm is empaneled with CAG and meets regulatory requirements for appointment

Other Corporate Information

Supplementary/test audit under sections 143(6) & (7) of the Companies Act, 2013 is entrusted to Director General of Audit, Mines & Coal, Kolkata at No. 1, Council House Street, Kolkata-700001

The appointment is subject to conditions stipulated in Annexure-I available on CAG's website http://care.cag.gov.in/policy/terms.pdf