Govt held several roadshows for stake sale in Hindustan Zinc: Mines secy

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Govt held several roadshows for stake sale in Hindustan Zinc: Mines secy - Business Standard

Quick Summary:

The government has conducted several roadshows in the last 15 days in financial capitals like Mumbai, London, Boston and New York to assess the market and meet investors for sale of its stake in Vedanta Group firm Hindustan Zinc Ltd.

So, the government is committed to disinvestment of some of its stake in Hindustan Zinc Ltd and in that to assess the market and meet investors and all that several roadshows have happened in the last fifteen days.

The government, which owns 29.5 per cent in the company, is the largest minority shareholder in Hindustan Zinc.