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Tag: Vedanta Group

Hindustan Zinc falls amid Vedanta’s plans to sell a major stake at a discount and reports of a special dividend of ₹8,000 crore

Shares of Hindustan Zinc fell on Friday on reports that the company’s parent company, Vedanta GmbHis looking to offload a major portion of its stake in the company through an offer for sale (OFS) at a discount. Hindustan Zinc is…

Hindustan Zinc shares fall after Vedanta announces sale of 2.6% stake

Shares of Hindustan Zinc Limited fell nearly 3% on Wednesday after Vedanta announced a share sale in the company. What happened: Vedanta’s board of directors has approved the sale of up to 110 million common shares, representing 2.60% of Hindustan…