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in Economy

Vedanta pledges 5.77% stake in Hindustan Zinc for Rs 8,000-cr term loan

by Editor June 8, 2022, 8:07 pm 1.7k Views

Vedanta

Vedanta Ltd on Wednesday said it has pledged 5.77 per cent stake in Hindustan Zinc Ltd 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 Ltd (HZL).

“…to…

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