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Cabinet approves sale of govt's stake in Hindustan Zinc: Report
short by Ashley Paul / on Wednesday, 25 May, 2022
The Union Cabinet has approved sale of the Centre's entire residual stake in Hindustan Zinc Limited, Moneycontrol reported citing CNBC Awaaz. The government owns a 29.5% stake in the mining company, while Vedanta Limited holds a 64.92% stake. At current market price, the government's residual stake in Hindustan Zinc is valued at around ₹38,740 crore.
read more at Moneycontrol