Hindustan Copper Limited
The President of India, acting through the Ministry of Mines, Government of India, sold 58,037,605 shares of Hindustan Copper Limited for ₹3044.88 Cr at ₹524.64 apiece through a market sale, decreasing their stake from 66.14% to 60.14%. This was part of an Offer For Sale (OFS) to divest up to a 6% stake in the company.
A vertically integrated copper producer, this company operates across the entire value chain from mining to finished product manufacturing. Established in 1967, it is India's first and only state-owned copper enterprise, handling extraction, processing, and conversion of copper into saleable products. The company supplies copper and related materials to domestic industrial, infrastructure, and manufacturing sectors across India.