Indian government to sell 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 shares plunge 8% as centre to dilute 2.5% stake via OFS
As part of the OFS, the government aims to dilute 1.25 per cent stake in the entity with an additional green-shoe option of 1.25 per cent.
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,
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.
Hindustan Zinc share price declines 7.5%. Offer for sale for 2.5% stake sale by government starts today
Hindustan Zinc share price declined more than 7.% in the morning trades on Wednesday. Offer for sale for 2.5% stake sale by the government starts today
Govt proposes to sell up to 2.5% stake in Hindustan Zinc
The floor price for the same is fixed at Rs 505 a piece, which is nearly 10% discount to the current market price.
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,
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Hindustan Zinc stock plunges 8% as govt pares stake at sharp discount via OFS
Shares of Hindustan Zinc took a beating and plummeted over 8 percent on November 6 as the government announced offloading ...
Hindustan Zinc share price falls 8% as govt to sell 2.5% stake via OFS
Hindustan Zinc shares dropped 8.1 per cent on Wednesday and registered an intraday low of Rs 514.1 per share on BSE. The ...
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 ...
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 ...
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.