Govt to sell up to 2.5% stake in Hindustan Zinc

Hindustan Zinc shares plunge over 7% on govt plan to sell 2.5% stake via OFS
The Indian government sold a portion of its stake in Hindustan Zinc. The sale involved up to 2.5% of the company's shares. This move caused share prices to drop over 7% on the Bombay Stock Exchange. The floor price for the sale was set at a discount compared to recent market values.
Indian government to sell 2.5% stake in Hindustan Zinc for $634 million
Miner Hindustan Zinc said on Tuesday the Indian government, its largest minority shareholder will sell a total 2.5% stake in the company and valued the sale at 53.34 billion rupees (about $634 million).
Hindustan Zinc OFS: Government plans to sell 2.5% stake in Vedanta Unit
The Indian government plans to divest 1.25% of its equity stake in HZL, with an option to sell an additional 1.25% as a green shoe option. Shares of Hindustan Zinc Ltd ended at ₹559.45, up by ₹16.25,
Govt proposes to sell up to 2.5% stake in Hindustan Zinc
The Centre has proposed to sell up to 2.5% stake in Hindustan Zinc through an offer for sale (OFS). The floor price for the same is fixed at Rs 505 a piece, which is nearly 10% discount to the current market price. “Offer for Sale in Hindustan Zinc ...
Vedanta Arm Hindustan Zinc Announces Rs 5,000 Crore OFS, Govt To Offload 2.5% Stake; Check Dates
The Indian government is set to divest up to 2.5% of its stake in Hindustan Zinc Limited (HZL) through an offer for sale (OFS) at a floor price of Rs 505 per share. This stake sale is expected to generate over Rs 5,
Government to sell 2.5% in Vedanta-owned Hindustan Zinc through OFS
The Centre will sell up to 2.5 per cent stake in Hindustan Zinc at a floor price of ₹505 per share – a 10 per cent-odd discount over the current price - through an Offer for Sale (OFS) starting November 6, the Ministry of Mines has said in a notification to the bourses. The sell has been long awaited.
Govt to sell up to 2.5% stake in Hindustan Zinc through OFS
The union government on Tuesday proposed to sell up to 2.5% stake in Hindustan Zinc through an offer for sale (OFS), which opens on November 6. The floor price for the same is fixed at Rs 505 apiece,
Centre to sell 2.5% in Hindustan Zinc at Rs 505, will raise Rs 5,900 cr
The Central government announced on Tuesday its plan to sell up to 2.5% stake in Hindustan Zinc through an offer for sale ...
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Centre to divest up to 2.5% stake in Hindustan Zinc via OFS at Rs 505 floor price
Government has announced the long-awaited plan to sell up to 2.5% stake Hindustan Zinc at a floor price of Rs 505 per ...
Govt to sell 2.5% in Hindustan Zinc at floor price of Rs 505 per share
The Centre is planning to sell 2.5 per cent of the total share capital of Hindustan Zinc Ltd (HZL) through an offer for ...
Hindustan Zinc’s demerger plan will unlock value amid soaring silver prices: Arun Misra, CEO
Hindustan Zinc CEO discusses demerger proposal with Mines Ministry, potential value accretion from separating zinc and silver ...
Indian government to sell 2.5% stake in Hindustan Zinc
The Indian government will sell a 2.5% stake in Hindustan Zinc at a floor price of 505 rupees apiece, the company said on Tuesday.
Stocks to Watch, Nov 6: Hindustan Zinc, Titan, Mannapuram Fin, Bharat Seats
Meanwhile, here are a few stocks likely to be in focus today: Vedanta, Hindustan Zinc: The Indian government is looking ...