Centre raises Rs 3,449 crore from Hindustan Zinc stake sale

The Indian government has successfully generated Rs 3,449 crore by selling a 1.6% stake in Hindustan Zinc Ltd. through an offer-for-sale. Institutional investors showed strong interest, while retail investors' response was muted. This sale is part of the government's ongoing disinvestment drive in the current fiscal year.

Centre raises Rs 3,449 crore from Hindustan Zinc stake sale

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The Indian government has successfully generated Rs 3,449 crore by selling a 1.6% stake in Hindustan Zinc Ltd. through an offer-for-sale. Institutional investors showed strong interest, while retail investors' response was muted. This sale is part of the government's ongoing disinvestment drive in the current fiscal year.