Hindustan Zinc has raised Rs 3,520 crore through rated, listed, unsecured, redeemable, Non-Convertible Debentures (NCDs) and allotted 35,200 NCDs bearing a face value of Rs 10,00,000 each. The board of directors at its meeting held on September 29, 2020 has approved and allotted the same.
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.