14/8/2024, 6:44:03 pm

Hindustan Zinc announces OFS from Aug 16-19, sets floor price at Rs 486/sh

Hindustan Zinc Limited (HZL) on Wednesday announced its offer for sale will begin on August 16 and conclude on August 19. It set the floor price at Rs 486 a share. Earlier on Wednesday, its parent company Vedanta revised its stake sale in HZL to 3.31% via the OFS route from an earlier plan of selling 2.60%. The metal and mining major will now be selling 14 crore shares instead of 11 crore shares.