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Govt feels decision against minority rights; move to be a big negative for Vedanta Ltd.The government had never supported this deal and their nominees on the board of HZL had opposed this acquisition
The Board of Directors of Tilak Ventures Limited, at its meeting held today have approved the financial results of the company for the period ended December 31, 2022 - Q3FY23 and 9MFY23.
The company’s board approved the sale of the Zinc International business held by THL Zinc Ventures Ltd (THLZV), which is a wholly-owned subsidiary of Vedanta.
The company's board of directors in a meeting held on 19 January approved the sale of its Zinc International assets held by THL Zinc Ventures Ltd (Mauritius), wholly owned subsidiary of Vedanta, through THL Zinc Ltd (Mauritius).
Get latest articles and stories on Latest News at LatestLY. Anil Agarwal-promoted Vedanta on Thursday said it will sell Zinc International assets to Hindustan Zinc for a cash consideration of USD 2,981 million. Latest News | Vedanta to Sell Zinc International Assets to Hindustan Zinc for USD 2,981 Million.