Indian oil-to-metals conglomerate Vedanta said on Tuesday it will sell a 1.59 per cent stake in unit Hindustan Zinc, valued at ₹4,872 crore ($531.3 million), according to Reuters calculations.
As of December 31, Vedanta held 61.84 per cent of the zinc and silver miner. The Indian government is Hindustan Zinc’s second-largest shareholder, with a 27.92 per cent stake.
Vedanta did not immediately disclose the floor price at which it would sell the shares.
Vedanta has sold portions of its stake in Hindustan Zinc twice in the past two years to help shore up its balance sheet.
Published on January 27, 2026
