Image Source: Indian Masterminds
Hindustan Copper Ltd. (HCL) has entered into a tripartite agreement with Alankit Assignments Ltd. and CB Management Services Pvt. Ltd., marking a strategic move to enhance investor servicing and compliance efficiency. The agreement, executed under SEBI’s revised norms for listed entities, facilitates a seamless transition of share registry operations from CB Management to Alankit, which will now act as HCL’s new Registrar and Share Transfer Agent (RTA).
This transition is aimed at improving digital infrastructure, turnaround times, and investor grievance redressal mechanisms. Alankit, a SEBI-registered Category-I RTA, brings robust experience in handling large-scale shareholder databases and corporate actions.
The move aligns with HCL’s broader governance and transparency initiatives, especially as it expands its footprint in critical minerals and global mining collaborations.
Key Highlights:
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Parties involved: Hindustan Copper, Alankit Assignments, CB Management
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Purpose: Transfer of RTA responsibilities to Alankit
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Benefits: Enhanced investor services, digital upgrades, compliance alignment
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Strategic context: Part of HCL’s governance and operational streamlining
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Effective date: As per SEBI-compliant execution timeline
Source: Hindustan Copper Corporate Announcements
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