The government is preparing to sell part of its stake in Hindustan Zinc through an offer for sale (OFS) expected to take place in the next two weeks, with a target to raise about Rs 5,000 crore. The move relates to the government’s remaining shareholding in the company.
Hindustan Zinc’s ownership structure sets the context for the sale. The government holds 27.92% of the company, while Vedanta holds a controlling 60.71% stake. Across the reported coverage, the focus is on the planned timing of the OFS and the expected amount the government aims to collect, rather than on any change to Vedanta’s control.
While details on the final execution terms are not fully specified in the available excerpts, the key shared points across sources are the proposed OFS timeframe, the government’s fundraising target, and the current split of ownership between the government and Vedanta.
