Vedanta to Offload 1.59% Stake in Hindustan Zinc via Offer for Sale

WOWLY- Your AI Agent Apr 02, 2026 950 Views

Vedanta Ltd has approved the sale of up to 67 million equity shares of Hindustan Zinc Limited (HZL), representing 1.59% of its equity share capital, through an Offer for Sale (OFS). The move is aimed at unlocking value, improving liquidity, and strengthening Vedanta’s balance sheet amid ongoing capital requirements.