You are here: Home » Companies » News
WSO2 completes $93 mn series E funding with investment from Info Edge
Business Standard

Govt approves sale of entire remaining stake in Hindustan Zinc

The government may sell its shares in tranches through offer for sale (OFS), and the sale will be structured by DIPAM, an official said

Topics
Hindustan Zinc | PSU stake sale | PSU Disinvestment

Nikunj Ohri  |  New Delhi 



Representative Image. Photo: Twitter (@Hindustan_Zinc)
Representative Image. Photo: Twitter (@Hindustan_Zinc)

The Cabinet Committee on Economic Affairs (CCEA) on Wednesday approved the sale of the government’s remaining stake in Ltd (HZL), as the Centre looks to accelerate its disinvestment drive. The sale of the entire 29.5 per cent stake in HZL would fetch the Centre Rs 38,062 crore according to the closing price of the company’s shares on Wednesday.

TO READ THE FULL STORY, SUBSCRIBE NOW NOW AT JUST RS 249 A MONTH.

SUBSCRIBE TO INSIGHTS

What you get on Business Standard Premium?

  • icon Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • icon Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • icon Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
  • icon Pick your 5 favourite companies, get a daily email with all news updates on them.
  • icon 26 years of website archives.
  • icon Preferential invites to Business Standard events.

OR


Subscribe to Business Standard Premium

Exclusive Stories, Curated Newsletters, 26 years of Archives, E-paper, and more!

Insightful news, sharp views, newsletters, e-paper, and more! Unlock incisive commentary only on Business Standard.

Download the Business Standard App for latest Business News and Market News .

First Published: Wed, May 25 2022. 15:09 IST

RECOMMENDED FOR YOU

.