Hindustan Copper AGM 2026: ₹1.86 Dividend Dates

What the company has announced

Hindustan Copper Limited has scheduled its 59th Annual General Meeting (AGM) for September 23, 2026. The meeting is planned to be conducted through Video Conferencing or Other Audio Visual Means (VC/OAVM). Along with the AGM notice-related disclosures, the company’s board has recommended a final dividend for the financial year ended March 2026. The dividend will be paid only after shareholders approve it at the AGM.

The update also lays out the record date, the remote e-voting window, and the compliance process for dividend payment in line with newer SEBI rules. For shareholders, the key points are the eligibility date for dividend, how to vote electronically, and what details need to be updated to avoid payment delays.

59th AGM schedule and meeting format

The AGM is set for September 23, 2026 at 10:30 am. Hindustan Copper has indicated that the AGM will be held via VC/OAVM, which means shareholders will not attend in person.

The company is facilitating remote e-voting through National Securities Depository Ltd (NSDL). Shareholders who hold shares in physical or dematerialised form as on the cut-off date can cast votes electronically. The notice excerpt also states that login details for e-voting will be sent to shareholders’ registered email addresses.

Final dividend of ₹1.86 per share for FY26

The board of directors has recommended a final dividend of ₹1.86 per equity share. The equity share has a face value of ₹5. The proposed dividend is for the fiscal year ending March 2026.

The dividend is subject to shareholder approval at the AGM. If approved, Hindustan Copper has said the dividend will be paid within 30 days of declaration. Eligibility for dividend will be determined based on members on record as of September 16, 2026.

Dividend payout to be electronic under SEBI rules

Hindustan Copper has stated that, in compliance with SEBI regulations effective November 2025, dividends will be distributed exclusively through electronic payment methods. The electronic payment modes are required to be those approved by the Reserve Bank of India.

This requirement makes accurate banking and identity details more important for shareholders, particularly those who still hold shares in physical form or who have not updated their bank account and PAN details with their intermediaries.

Remote e-voting window and key dates

The company has provided a clear schedule for the remote e-voting window and related dates. Remote e-voting opens on September 20, 2026 and closes on September 22, 2026.

What shareholders need to do

For voting, shareholders will need access to the email where their e-voting credentials are sent. The company has asked shareholders without registered email addresses to update their details with their Depository Participant or the Registrar and Transfer Agent.

On the dividend side, investors are advised to update their residential status, PAN, and category details by September 23, 2026 to avoid delays. Since the company is moving to electronic-only dividend payouts under SEBI rules, ensuring bank account details are correctly recorded becomes a practical requirement for timely credit.

Tax treatment: dividend is taxable and TDS applies

The notice excerpt states that dividend income is taxable in the hands of shareholders under the Income Tax Act. Hindustan Copper will deduct Tax Deducted at Source (TDS) at the time of payment.

Because TDS rates and applicability depend on shareholder details, the company’s request to update PAN, residential status, and category information is relevant not just for processing speed but also for correct tax handling.

Additional disclosure: board-level appointment intimation

The provided material also mentions an intimation regarding the appointment of Smt. Madhumita Daolagupu as an Additional Director, described as Part Time Non-Official (Independent) Director. The excerpt does not include further specifics on tenure or committee roles, but it indicates the appointment was communicated through formal exchange-style disclosures.

How this compares with earlier AGM dividend disclosures

The dataset includes earlier AGM references that show a final dividend of ₹0.9200 per share (18.4%) associated with AGM-related disclosures for 2024 and 2023. It also lists an AGM entry dated September 25, 2025, announced on August 29, 2025, without dividend details in the excerpt.

This makes the FY26 proposed final dividend of ₹1.86 per share a key number investors will track, especially when comparing past dividend declarations shown in the same disclosure set.

Stock snapshot mentioned alongside the announcement

Along with the corporate action details, the material includes market snapshot figures for Hindustan Copper. One table line shows the stock price at ₹556.05 with a P/E of 44.41 and market capitalisation of ₹53,715.90 crore. Another quote line shows 538.80 with a change of -17.25 (-3.10%).

What to watch between now and the AGM

The next practical checkpoints are the record date on September 16, 2026 and the remote e-voting window from September 20 to September 22, 2026. Shareholders who want to vote will need their NSDL e-voting access, which depends on updated email records.

For dividend credit, shareholders will need to ensure their bank and tax details are updated in line with the electronic-only dividend payment process and the company’s stated timelines. The final confirmation will come through shareholder approval at the AGM on September 23, 2026.

Conclusion

Hindustan Copper’s 59th AGM on September 23, 2026 brings together the approval process for a proposed final dividend of ₹1.86 per share and a fully electronic shareholder participation workflow through VC/OAVM and NSDL e-voting. The record date is September 16, 2026, and dividend payout, if approved, is scheduled within 30 days of declaration through electronic modes as required under SEBI rules effective November 2025.