Vedanta pledges 5.77% stake in Hindustan Zinc for Rs 8,000 crore term loan - Business News: Latest Share Market , Economy & Finance News | Trendmergers

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Vedanta pledges 5.77% stake in Hindustan Zinc for Rs 8,000 crore term loan

Hindustan Zinc was a government-owned company till 2002. In April 2002, the government offloaded 26 per cent stake in HZL to Sterlite Opportunities and Ventures Ltd for Rs 445 crore -- giving Vedanta group management control in HZL.

from Industry-Economic Times
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