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Government said to weigh up to $525 million Hindustan Zinc share sale
The government is considering selling up to a 2% stake in Hindustan Zinc Ltd., a move that could raise around Rs 5,000 crore. The stake sale, likely this month or in July, is part of a broader divestment drive aimed at boosting revenue through public asset sales. Several investment banks have been appointed to advise on the transaction.
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economictimes.indiatimes.com
Government said to weigh up to $525 million Hindustan Zinc share sale
The government is considering selling up to a 2% stake in Hindustan Zinc Ltd., a move that could raise around Rs 5,000 crore. The stake sale, likely this month or in July, is part…
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Hindustan Zinc shares tumble 5% to 6-week low after report of govt's plan to sell 2% stake for Rs 5,000 crore
Hindustan Zinc shares fell sharply on Friday after a report said the government may sell up to a 2% stake in the company to raise around Rs 5,000 crore. The proposed divestment…
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thehindubusinessline.com
India plans up to 2% stake sale in Hindustan Zinc as disinvestment drive gathers pace
India plans to sell up to 2% stake in Hindustan Zinc, aiming to raise $525 million, as part of its ongoing disinvestment and asset monetisation programme.
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Hindustan Zinc plans to double capacity, revenue
Hindustan Zinc plans to double its metal capacity and revenue, focusing on critical minerals for India's resource security.