Vedanta to sell 11 Cr shares of Hindustan Zinc; share jumps 1%

Vedanta Ltd's shares rose by 1% after its board approved the sale of up to 11 crore equity shares of Hindustan Zinc Limited (HZL), representing 2.60% of HZL's equity share capital. This decision, disclosed in a company filing, has contributed to the positive market sentiment and the slight gain in Vedanta's stock.