The Rajasthan-based miner will pay an interim dividend of 26 rupees per share totaling 109.9 billion rupees, according to an exchange filing Tuesday
Hindustan Zinc has fixed March 29, 2023 as the record date for the purpose of payment of fourth interim dividend worth Rs 26 per share.
With the government's offer for sale plans in HZL in limbo, it is unlikely that the disinvestment would happen by March
Govt planning OFS to sell 15% stake by March-end, will lose special rights over company; sources says Vedanta is looking raise about $1 billion from three foreign banks to fund the acquisition
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Centre's opposition to the Vedanta-HZL deal is on account of valuation and the deal being a related-party transaction
The plan was pushed through even after government officials refused to approve it, they said, adding the government is trying to nudge Hindustan Zinc to withdraw the proposal
Over half of the stocks in Nifty Metal Index are trading with a bullish sentiment ahead of Budget 2023,
The company's board approved the acquisition of Zinc International business for a cash consideration not exceeding $ 2,981 million
Hindustan Zinc's Q3 net profit drops 20% on lower output, prices
Following a strong close over the 200-DMA set at Rs 2,559, the chart structure of Reliance Industries reveals a "Double Bottom" breakout
Company working on decarbonising operations; to set up fertiliser plant in the next two years, says CEO
Stocks to Watch Today: Larsen & Toubro is also likely to see some action on Tuesday as the engineering major is looking to pare stake in its subsidiaries - Nabha Power and Hyderabad Metro.
DIPAM has so far raised Rs 62,000 crore including dividends of Rs 34,000 crore, says Tuhin Kanta Pandey
Hindustan Zinc Ranks Among the Top 3 Sustainable Companies Globally in Metal and Mining Sector
The sources said that the government expects over Rs 60,000 crore from the IDBI stake sale.
Parent Vedanta has zinc assets in Namibia, South Africa and Ireland