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Hindustan Zinc’s stake sale gets clearance

20 Aug 2013 Evaluate

Hindustan Zinc’s stake sale has reportedly been cleared of legal issues. Similarly, the legal hurdles surrounding divestment in Bharat Aluminium Company’s (BALCO) stake sale too have been cleared.

Majority stakes in both these companies were sold to Vedanta group during 2001-2003 and now the government has a residual stake of 29.5 percent and 49 percent in Hindustan Zinc and Bharat Aluminium Company (BALCO) respectively.

Meanwhile, the government has budgeted Rs 14,000 crore from residual stake sale in companies like Hind Zinc.

Hindustan Zinc Share Price

592.35 -0.10 (-0.02%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Hindalco 1038.95
Vedanta 787.60
Hindustan Zinc 592.35
Jain Resource Recycl 420.90
Gravita India 1639.80
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