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Govt may ask HZL to explore share swap,  rights  issues - Vimarsana News

Govt may ask HZL to explore share swap,  rights  issues

Hindustan Zinc may have to explore alternative strategies other than handing out cash for the proposed $2.98 billion acquisition of Vedanta’s zinc assets

Centre opposes Hindustan Zinc's $2.98 billion deal for Vedanta zinc assets - Vimarsana News

Centre opposes Hindustan Zinc's $2.98 billion deal for Vedanta zinc assets

The government holds around 30% stake in Hindustan Zinc, while Vedanta is the company's largest shareholder.

Hindustan Zinc Limited (HZL) - Centre scuppers o Hindustan Zinc Limited deal - Vimarsana News

Hindustan Zinc Limited (HZL) - Centre scuppers o Hindustan Zinc Limited deal

Ministry of mines said deal is 'related party transaction' and government would 'like to reiterate’ its dissent

HZL to persuade Centre on global zinc assets deal - Vimarsana News

HZL to persuade Centre on global zinc assets deal

According to the Union mines ministry, the HZL board’s January decision to acquire these assets violates minority shareholder rights. Vedanta owns a 64.9% stake in HZL and the government of India 29.5%

Mercantile Ventures Ltd posts consolidated PAT of Rs. 2.27 crores in Q3FY23 - Vimarsana News

Mercantile Ventures Ltd posts consolidated PAT of Rs. 2.27 crores in Q3FY23

The Board of Directors of Mercantile Ventures Limited have approved the financial results of the company for the period ended December 31, 2022 - Q3FY23, 9MFY23 at its board meeting.