Hindustan Zinc is planning to offer rated, unsecured, redeemable, non-cumulative, non-convertible debentures (NCDs) aggregating up to Rs 4,000 crore in one or more tranches, and in this regard is holding a meeting of its duly constituted Committee of the Directors on September 22, 2020. The said issuance is pursuant to the approval of the board of directors in its meeting held on July 21, 2020.
Hindustan Zinc, the world’s second biggest zinc producer, operates the world’s third largest open-pit mine, and world’s largest Zinc Mine in Rampura Agucha, Rajasthan.
