Hindustan Copper Ltd (HINDCOPPER) — Announcement | 22 September 2026 (2 announcements)

Hindustan Copper disclosed a conditional stay order from the Jabalpur Commercial Court on an arbitration award against it, requiring a 50% bank guarantee deposit of the award amount and the remaining 50% plus expenses via asset-backed bond before further court proceedings, with potential asset attachment for non-compliance.

Hindustan Copper Ltd announced that ICRA upgraded its long-term credit rating to [ICRA]AAA (Stable) from [ICRA]AA+ (Stable) and reaffirmed the short-term rating at [ICRA]A1+ for Rs.2100 crore bank facilities, Rs.100 crore commercial paper, and other instruments, reflecting improved debt capacity and lower financing costs for future expansion.