business

India Considers Selling Up to 2% Stake in Hindustan Zinc for $525 Million

5 Haziran 2026Bloomberg

India is contemplating the sale of up to a 2% stake in Hindustan Zinc Ltd., potentially generating around 50 billion rupees, equivalent to $525 million. This move reflects the government's ongoing strategy to monetize its holdings in various public sector companies.
The decision is still in the preliminary stages, with discussions ongoing among stakeholders.
Hindustan Zinc Ltd. is a leading player in the zinc production sector in India, and any stake sale could impact its market dynamics.
The potential sale of Hindustan Zinc shares underscores the Indian government's commitment to fiscal consolidation and revenue generation through disinvestment. By offloading a portion of its stake, the government aims to enhance liquidity in the market while also addressing budgetary pressures.

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This article is based on information from sources familiar with the matter and may be subject to change.

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