Government Plans Two-Week OFS to Sell 1.5%-2% Stake in Hindustan Zinc
Government plans to launch an offer for sale in Hindustan Zinc within two weeks, aiming to sell a 1.5%–2% stake. Sources say the sale could raise about Rs 4,000–5,000 crore after DIPAM met the company. The government holds 27.92% while Vedanta holds 60.71%, as disinvestment targets push receipts for the programme.