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Vedanta Plans to Sell Stake in Hindustan Zinc to Raise Five Hundred Million Dollars

Vedanta Limited is selling a stake in Hindustan Zinc for approximately $500.8 million to strengthen its balance sheet. The offer begins for investors on Wednesday.

Insights:
The oil-to-metals conglomerate Vedanta Limited announced on January 27, 2026, its plan to sell a stake of up to 1.59% in its subsidiary Hindustan Zinc Limited . This capital-raising measure is valued at approximately 45.9 billion rupees, or $500.8 million, and is intended to strengthen the parent company's balance sheet. The transaction marks a significant liquidity move for the group within the India ININmarket.
A bird flies past the logo of Vedanta installed on the facade of its headquarters in Mumbai, India, January 31, 2018. REUTERS/Danish Siddiqui
A bird flies past the logo of Vedanta installed on the facade of its headquarters in Mumbai, India, January 31, 2018. REUTERS/Danish Siddiqui
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