From Zinc to Zing—Vedanta Boosts Balance Sheet with ₹3,028 Cr Sale

Unknown Apr 02, 2026 1,050 Views

Vedanta Ltd has raised ₹3,028 crore by offloading a 1.6% stake in Hindustan Zinc Ltd (HZL) in open market transactions as a strategic move to improve its financial muscle. The issue proceeds will be used to de-leverage Vedanta's balance sheet as a part of the company's ongoing efforts to...