
Deals24 Jan 2026, 06:04 pm
Hindustan Copper Ltd Declared Preferred Bidder in Madhya Pradesh Mining Lease Tender
AI Summary
Hindustan Copper Ltd (HCL) has been declared as the preferred bidder for the 'Grant of Mining Lease and Composite Licence for Government of Madhya Pradesh' tender. The forward e-auction for the grant of Composite Licence for Baghwari- Khirkhori Copper and Associated Mineral Block was successfully concluded on 22nd January 2026. HCL had submitted the highest final price offer, securing their position as the preferred bidder. This development is pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Key Highlights
- Hindustan Copper Ltd declared preferred bidder in Madhya Pradesh mining lease tender
- HCL participated in Notice Inviting Tender (NIT) dated 31.10.2025
- Successfully concluded forward e-auction on 22.01.2026
- HCL submitted the highest final price offer
- Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015