Hindustan Zinc in talks with govt on split: CEO
The Morning Standard|October 19, 2024
VEDANTA Group firm Hindustan Zinc Limited (HZL) on Friday said it is in discussions with the Indian government about the possibility of splitting the company into two units.

Its CEO Arun Misra, in an analyst call, mentioned that if the government, one of its stakeholders, agrees, the split will occur.

Mishra also noted that the government's proposal to sell a stake in the company is still under consideration. Vedanta Limited, its parent company, wants to split into two to three verticals, but the government, which owns a 29.4% stake, is opposing this move.

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FLERE HISTORIER FRA THE MORNING STANDARDSe alt
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The Morning Standard

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The Morning Standard

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The Morning Standard

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