Vedanta garners Rs 3,100 crore from Hindustan Zinc OFS

Vedanta garners Rs 3,100 crore from Hindustan Zinc OFS

Billionaire Anil Agarwal’s Vedanta fell short of meeting its initially targeted proceeds from an offer for sale (OFS) in group entity Hindustan Zinc, with the exercise netting ₹3,100 crore for the resources conglomerate that had first sought to garner up to ₹6,500 crore in stake dilution but later reduced the OFS size. Vedanta sold 63.6 … Read more