HZL OFS attracts bids worth Rs 3,400 cr from institutional investors, govt to exercise greenshoe optionThe government's offer-for-sale for more than 4.75 crore Hindustan Zinc Ltd (HZL) shares to institutional investors over-subscribed on Wedn...
Hindustan Zinc shares fall 20% in a week, OFS opens for retail investorsHindustan Zinc Share Price: Hindustan Zinc's shares fell by around 5%, marking a 20% drop over the past week, as its offer for sale (OFS) o...
Hindustan Zinc shares fall 9% as Vedanta OFS opens at discounted priceHindustan Zinc Share Price: Shares of Hindustan Zinc (HZL) fell 7.8% to Rs 528 on the BSE on Friday after Vedanta’s offer for sale (OFS) op...
Hindustan Zinc announces OFS from Aug 16-19, sets floor price at Rs 486/shareEarlier on Wednesday, its parent company Vedanta revised its stake sale in HZL to 3.31% via the OFS route from an earlier plan of selling 2...
Vedanta to sell 2.6% stake in Hindustan Zinc via OFSThe Metals and mining major held a 64.92% stake in HZL as of the June quarter, with the government owning 29.54%. The proceeds will help Ve...
Hindustan Zinc restructuring proposal may derail divestment planA corporate restructuring plan initiated by Hindustan Zinc Ltd (HZL) has raised concerns about the government's plan to sell part of its 29...
Hindustan Zinc keen to participate in lithium auctions: CEO Arun MishraLithium reserves of about 5.9 million tonnes have been identified in Salal-Haimna areas of Reasi district in Jammu and Kashmir (J&K) for th...
Government eye on Hindustan Zinc dividend payoutThe Indian government is ensuring Hindustan Zinc Ltd (HZL) does not put itself in financial trouble with its dividend distributions. A seni...
Government plans investor roadshows for HZL disinvestment this monthGovernment is likely to begin international roadshows starting with the US this month for the sale of its residual 29.54 per cent stake in ...
Plans to buy Zinc International is not called off: Hindustan Zinc CEO Arun MishraZinc International acquisition was a great idea, he said, adding the company's board has also approved the proposal. "...we are working on ...
Hindustan Zinc may not act on proposal to buy Vedanta's zinc bizHindustan Zinc is unlikely to pursue its $2.98bn cash bid to acquire Vedanta's global zinc business, according to insiders. The government ...
Government exceeds FY23 RE target of combined disinvestment, dividend mop upThe revised estimates (RE) had pegged receipts from disinvestment and dividend at Rs 93,000 crore. In 2022-23, dividend receipts stood at R...
Govt writes to Sebi opposing Hindustan Zinc Ltd's deal with VedantaThe government has written to the capital market regulator Securities and Exchange Board of India (Sebi), reinforcing its opposition to the...
Centre aims to meet disinvestment target this fiscalSpeaking at a summit organised by CII, secretary in the department of investment and public asset management (DIPAM) Tuhin Kanta Pandey sai...
Government mulls selling stakes in Hindustan Zinc Ltd, ITC; DIPAM begins talksThe delay in the strategic sale of Pawan Hans, Shipping Corporation of India (SCI), IDBI Bank, and Bharat Petroleum Corporation Ltd (BPCL),...
Relaxed Offer for Sale norms pave way for government's Hindustan Zinc Ltd stake saleThe govt currently holds 29.54 per cent stake in HZL and has already initiated the process of fresh valuation of the erstwhile PSU.
Government likely to sell Hindustan Zinc stake via OFS; may fetch Rs 20,000 croreThe govt sold majority stake in the erstwhile PSU to the Vedanta group during 2001-03. At present, London-listed Vedanta holds 64.92% stake...