TNPSC Thervupettagam

Sale of Hindustan Zinc stake

May 31 , 2022 811 days 611 0
  • The Union Cabinet Committee on Economic Affairs has approved the sale of the government’s remaining stake of 29.5% in Hindustan Zinc Limited (HZL).
  • Vedanta group’s stake in Hindustan Zinc Limited is 64.92%.
  • The government is also planning to offload its 7.91% stake in ITC.
  • The government’s disinvestment target for FY23 stands at Rs 65,000 crore.

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