Vedanta Announces Divestment of 1.59% Stake in Hindustan Zinc via OFS
Mumbai, January 27, 2026 – Vedanta Limited has announced plans to divest a portion of its stake in Hindustan Zinc Limited (HZL) through an Offer for Sale (OFS).
Transaction Details:
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Number of Shares: 6,70,00,000 equity shares
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Stake Percentage: 1.59% of HZL's paid-up equity capital
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Method: Offer for Sale through stock exchange mechanism
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Approval: Committee of Directors approved on January 27, 2026
Regulatory Compliance:
The company has formally notified both BSE (Scrip Code: 500295) and NSE (Scrip Code: VEDL) in compliance with SEBI Listing Regulations.
Next Steps:
The OFS will be conducted as per SEBI and stock exchange guidelines. Further details regarding the offer schedule and price band are expected to be announced separately.
This strategic move allows Vedanta to monetize part of its HZL investment while maintaining its majority stake in the zinc producer.