ALPHA TRIBE

Vedanta LimitedUpdates, 18-06-2025: Press Release

18-06-2025 | 12:32 pm

Vedanta has sold a 1.6% stake in Hindustan Zinc, raising around INR 3,028 Cr via an accelerated bookbuild. The proceeds will be used to reduce debt and improve financial flexibility ahead of its planned sector-focused demerger. This move supports Vedanta’s growth strategy by strengthening the balance sheet and reflects investor confidence in its production gains, cost efficiencies, and deleveraging efforts.

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