Vedanta sells 1.13% stake in Hindustan Zinc via OFS
VEDL · price
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Vedanta completed sale of 4,75,77,066 shares (1.13% stake) of subsidiary Hindustan Zinc through an Offer for Sale on the stock exchange on Jan 28-29, 2026. Post-sale, Vedanta's holding in Hindustan Zinc stands at 60.71%. The OFS was conducted under SEBI's stock exchange mechanism circular. This is a partial monetization of its subsidiary holding.
Partial monetization of Hindustan Zinc stake; Vedanta still controls 60.71%. May improve Vedanta's financial flexibility.