Hindustan Zinc approves issuance of Non-Convertible Debentures worth up to Rs 1400 crore, Shares rises to 52-week High

The subsidiary of Vedanta Ltd, Hindustan Zinc Ltd has informed that it has approved the issuance of unsecured, redeemable, rated, listed, non-convertible debentures with total worth of Rs 1400 crore.

With this the shares of the Hindustan Zinc Ltd are surged over by the 5.9% and the stock has reached almost 52-week high at BSE.

According to the exchange filing, the Board of Hindustan Zinc Ltd has informed that the duly authorized Committee of Directors at its meeting held i.e., Friday, January 23, 2026, has considered and approved the issuance of unsecured, redeemable, rated, listed, non-convertible debentures aggregating up to Rs 1400 Crore, which NCDs are to be issued in following two separately transferable and redeemable principal parts:

 (i) Rs 420 Crore (“STRPP 1”); and (ii) Rs 980 Crore (“STRPP 2 " together with STRPP 1 “STRPPS”), where the cumulative principal amount of the STRPPS shall not exceed Rs 1400 Crore.

The Size of the issue Up to Rs 1400 Crore, comprising of (i) STRPP 1 – up to Rs 420 Crore, and (ii) STRPP 2 – up to Rs 980 Crore.

Financially, the HZL has reported the Net Income at exceptionally high of 46.23% and revenue of Rs 10.63K crore, up by 27.8%.