Vedanta to sell 2.6% stake in Hindustan Zinc, company board approves OFS

Vedanta has decided to sell a 2.6% stake in Hindustan Zinc, and the company’s board has approved an Offer for Sale (OFS). This move will allow Vedanta to reduce its shareholding in Hindustan Zinc while raising capital. The decision comes as part of Vedanta’s strategic plan to optimize its portfolio and enhance shareholder value.

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