Stake sale in Hindustan Zinc to boost funds with Vedanta for debt repayment, capexVedanta Ltd's board approved selling a 3.31% stake in Hindustan Zinc Ltd, worth over Rs 8,000 crore, will enhance funds for debt repayment ...
15 Aug, 2024, 11.35 AM IST
Hindustan Zinc Limited won't borrow to keep paying dividends, says CEOHindustan Zinc (HZL) will not borrow to pay dividends, according to its CEO, Arun Misra. Misra said the company's financial standing was ro...
07 Aug, 2023, 10.47 AM IST
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...
15 Jul, 2023, 11.14 AM IST
Hindustan Zinc says no change in dividend policyThe statement comes a day after the company deferred its board meeting which was to consider interim dividend for FY22.
19 Aug, 2021, 12.51 AM IST
A hefty Vedanta dividend could reassure investors, boost stockIf the company shells out the money it received from Hindustan Zinc as dividend, shareholders could receive ₹27.89 per share, implying a yi...
23 Oct, 2020, 07.04 AM IST
Vedanta skips dividend payout received from Hindustan ZincCorporate governance experts said by holding back the dividend to Vedanta’s shareholders despite having a dividend distribution policy coul...
30 Sep, 2020, 02.55 PM IST
Hindustan Zinc Q2 profit drops 30% YoY to Rs 1,815 croreThe company also posted a 10 per cent decline in revenue from operations to Rs 4,777 crore.
22 Oct, 2018, 07.16 PM IST
Hindustan Zinc reports 42% YoY rise in Q4 net profit at Rs 3,057 croreThe company had reported a net profit of Rs 2,147.22 crore in the corresponding quarter of last year.
20 Apr, 2017, 06.15 PM IST
Hindustan Zinc’s dividend payment credit positive for Vedanta: Moody’sOn 22 March 2017, HZL’s board of directors declared a special interim dividend of 1,375% or Rs 27.5, entailing an outflow of approximately ...
24 Mar, 2017, 06.35 PM IST
HZL’s dividend highest ever by Indian companyThe promoter group holds 64.92% in HZL, and thus will get a lion’s share of the dividend amounting to Rs 17,630 crore for the FY17.
23 Mar, 2017, 12.04 PM IST
Hindustan Zinc approves special interim dividend of Rs 27.50 per shareIn a meeting held on Wednesday to consider a second interim dividend, the HZL board declared a special one-time interim dividend of 1,375% ...
22 Mar, 2017, 05.57 PM IST
Government looks to sell stake in Hindustan ZincAnother government official said that pending a decision, the government may seek special dividend from the firm.
27 Oct, 2016, 08.37 AM IST
Hindustan Zinc pays government Rs 3,000 crore in special dividendHZL had on March 30 declared a "special golden jubilee dividend" at the rate of 1,200 per cent -- Rs 24 per equity share of Rs 2 each for 2...
11 Apr, 2016, 08.50 PM IST
HZL dividend to ease refinancing pressure on Vedanta: Moody'sMoody's said Vedanta's 62.9 per cent-owned subsidiary, Vedanta Ltd will receive Rs 6,580 crore ($982 million) of dividends for its sharehol...
01 Apr, 2016, 05.28 PM IST
Hindustan Zinc declares special golden jubilee dividend of 1200%The dividend which amounts to Rs 24 on an equity share of Rs 2 each would entail a cash outflow of nearly Rs 12,205 crore, including divide...
31 Mar, 2016, 07.39 PM IST
Stake sale in Hindustan Zinc not a 'wise move', says Mines MinistryMines Ministry said that any plans to offload government's stake in HZL would not be "a wise move as zinc is a strategic mineral."
24 Jan, 2016, 01.48 PM IST
Barclays stays ‘overweight’ on HZLWe expect dividends from HZL to be higher than consensus estimates given cash flow requirements at the Sesa-Sterlite entity.
05 Jul, 2013, 04.04 AM IST