HINDUSTAN COPPER LTD. - Updates

The Board of Hindustan Copper Ltd. (HCL) in its meeting held on 10.11.2017 from 2:20 PM to 4:00 PM has inter alia considered and approved (i)Statement of Unaudited Financial Results for the quarter ended 30th September, 2017, (ii) Increase in borrowing limits from consortium / other banks etc. by way of overdraft or cash credit or working capital demand loan, etc. upto an aggregate of Rs. 650 crore and <BR> the draft Joint Venture Agreement between HCL, NALCO & MECL for formation of Joint Venture Company (JVC) for exploration & mining of strategic minerals<BR> abroad.