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Govt approves sale of entire remaining stake in Hindustan Zinc - Newzzic
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Govt approves sale of entire remaining stake in Hindustan Zinc

The sale of the entire 29.5 per cent stake in HZL would fetch the Centre Rs 38,062 crore according to the closing price of the company’s shares on Wednesday. Though the sale of the residual stake in the company was not questioned, the apex court had directed the Central Bureau of Investigation (CBI) to investigate the initial transaction under which the Centre had sold 26 per cent in HZL and enabled its eventual privatisation.

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