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Vedanta pledges 5.77% stake in Hindustan Zinc for term loan of Rs 8,000 crore

09 Jun 2022 Evaluate

Vedanta has pledged 5.77 per cent stake in Hindustan Zinc for a term loan of Rs 8,000 crore. The announcement comes days after the Cabinet Committee on Economic Affairs (CCEA) approved the government's 29.5 per cent stake sale in Vedanta group firm Hindustan Zinc (HZL).

Vedanta is a diversified natural resources company, whose business primarily involves producing oil and gas, zinc- lead-silver, copper, iron ore, aluminium and commercial power.

Vedanta Share Price

277.00 2.40 (0.87%)
07-Aug-2026 16:59 View Price Chart
Peers
Company Name CMP
Hindalco Industries 1054.00
Vedanta 277.00
Hindustan Zinc 601.00
Jain Resource Recycl 308.55
CMR Green Tech 225.50
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