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Hindustan Zinc's Two-Way Spinoff On The Cards, Says Chairperson — Exclusive
Hindustan Zinc plans to reduce its production costs by curbing its carbon emissions and switching to renewable power.
22 Feb 2024, 02:23 PM IST
Hindustan Zinc Ltd. will spin off business into two—one each for its zinc or lead and silver units—following recommendations from a panel that was set up to look at unlocking value in the Vedanta Ltd.-owned company. The company had initially examined a three-way demerger—where its zinc\lead, silver and recycling businesses would be independent units.“We’re looking at demerger and the reason for this is purely taking our sharehol...
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