Vedanta releases Hindustan Zinc shares after debt repayment
pre-market1 source ↓written by the desknot a recommendation
- 0.78
- 33,199,474 shares
- specific debt
- 10 May 2024
- be completed
- 14 May 2026
Vedanta Limited announced the release of 33,199,474 shares (0.78%) of Hindustan Zinc Ltd following the full repayment of specific debt on 10 May 2024. This move enhances Vedanta's financial flexibility, allowing for greater options regarding its stake in the mining company. The release is set to be completed by 14 May 2026.
Not investment advice. For informational purposes only.