gov rules of hindustan zinc company
Indian govt may put Hindustan Zinc share sale plan on hold - source
网页2023年3月12日 March 12 (Reuters) - The Indian government may put a plan to sell part of its stake in Hindustan Zinc (HZL) on hold (HZNC.NS) unless the company calls off the nearly $3 billion cash...
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Hindustan Zinc - Wikipedia
Hindustan Zinc Limited was incorporated from the erstwhile Metal Corporation of India on 10 January 1966 as a Public Sector Undertaking (PSU). In 2001, as part of the Government of India's disinvestment program of loss-making PSUs, the company was put up for sale. In April 2002, Sterlite Opportunities and Ventures Limited (SOVL) made an open offer for acquis
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Hindustan Zinc: Vedanta, govt agree to end arbitration
网页2022年2月15日 The Union government and Vedanta have decided to end an ongoing arbitration concerning the second call option given to the latter to buy the Centre’s
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Govt to sell its entire stake in Hindustan Zinc - The Indian Express
网页2022年5月25日 The central government currently owns a 29.54 per cent stake in Hindustan Zinc which is worth around Rs 37,000 crore, sources told The Indian
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HZL Digital Integrated Report 2021-22
网页Celebrating Awards Recognitions. At Hindustan Zinc, FY 2021-22 was a year of celebrating many exceptional accolades that recognised the Company’s strong focus on
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Code of Conduct [Conflicts Handling] Hindustan Zinc
网页Full, fair, accurate, timely and understandable disclosure of reports and documents that Hindustan Zinc Limited files with or submits to relevant authorities, and in other public
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Government aims to vote out Hindustan Zinc deal in EGM ; no
网页2023年2月20日 The government's premise is that Hindustan Zinc will be outvoted in the Extraordinary General Meeting as the company requires shareholder approval for the
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Govt to block HZL plan for Vedanta zinc assets Mint
网页2023年3月12日 According to the mines ministry, the HZL board’s decision to acquire Vedanta’s zinc assets is a related party transaction, and also violates minority
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CHAPTER - VI C. Hindustan Zinc Limited 1. Introduction
网页1.1 Hindustan Zinc Limited (HZL) was incorporated in January, 1966 as a public sector company, after the takeover of the erstwhile Metal Corporation of India Limited, to
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When shall the Indian government be able to sell stake in
网页2023年3月14日 Due to low public shareholding, Hindustan Zinc is a thinly traded stock with 10 days average volumes closer to 4 lakh. Current shareholding of this company
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India writes to markets regulator opposing Hindustan Zinc
网页2023年3月2日 The board of Hindustan Zinc (HZL) - in which the government is the largest minority shareholder with a 29.54% stake - had in January approved buying Vedanta Group's zinc businesses in cash...
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When shall the Indian government be able to sell stake in Hindustan Zinc
网页2023年3月14日 Apr 11, 2023 IST 6 Min (s) Read. With every 5 percent stake sale, the government loses one director in the company. Sources say that initial responses from road shows have been poor, due to a lack of comfort in valuations of Hindustan Zinc, which is trading at EV/EBITDA of more than seven times, compared with global peers at less
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Hindustan Zinc: Vedanta, govt agree to end arbitration
网页2022年2月15日 The Union government and Vedanta have decided to end an ongoing arbitration concerning the second call option given to the latter to buy the Centre’s residual 29.5% stake in Hindustan Zinc (HZL ...
More
HZL Digital Integrated Report 2021-22
网页Celebrating Awards Recognitions. At Hindustan Zinc, FY 2021-22 was a year of celebrating many exceptional accolades that recognised the Company’s strong focus on delivering excellence across every facet of its business value chain.
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Govt To Ask Hindustan Zinc To Go For Share Swaps, Warrants For
网页2023年2月27日 The central government likely to ask Hindustan Zinc Ltd (HZL) to consider options, other than cash, like share swaps, rights issues or warrants for the $2.98 billion acquisition of Anil Agarwal's Vedanta's zinc assets, according to a report by Mint.
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Wrapup: Why the government is unhappy with
网页2023年2月25日 That means, Hindustan Zinc needs the approval of a majority of its smaller shareholders too. It’s a rule in place just to prevent nefarious plans that a promoter might have to siphon away resources.
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Hindustan Zinc profit falls 12% in March qtr on weaker zinc, lead ...
网页2023年4月21日 The company’s revenue from operations fell to 82.81 billion rupees from 86.13 billion rupees a year ago. The zinc, silver and lead miner generates around 99% of its revenue from its mining operations, with a small business in wind energy as well. Hindustan Zinc’s total expenses rose 13.6% in the quarter from a year ago.
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hindustan zinc: Plans to buy Zinc International is not called off ...
网页1 天前 Hindustan Zinc CEO Arun Mishra has said that the plans to buy overseas asset from the company's parent firm Vedanta Ltd has not been called off yet. The Chief Executive officer (CEO) made the remarks during an earnings call. When asked about Zinc International's acquisition and whether the plan is still under works, Mishra replied
MoreHindustan Zinc Becomes Fifth Largest Silver Producer Globally
网页2023年4月22日 Udaipur, Rajasthan, India – Business Wire India. Hindustan Zinc, India's leading zinc-lead-silver producer, has emerged as the 5th largest silver producer in the world, according to the World Silver Survey 2023 by The Silver Institute. This places India in the top 20 silver-producing countries. Earlier, the company was ranked 6th largest ...
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Hindustan Zinc has drained all its cash in paying dividend to
网页2023年3月22日 Based on the recent dividend payout, the company would earn Rs 7,132 crore. For the current financial year, Hindustan Zinc has paid a total of Rs 20,710 crore as dividend to Vedanta, which is nearly triple of its nine-month profit figure of Rs 7,928 crore. With this announcement, the street will now expect Vedanta to pass this through and ...
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With visa woes, Hindustan Zinc to send engineers to China for
网页2023年4月21日 Hindustan Zinc’s net profit for the quarter was down at Rs 2,583 crore, a dip of 11.8 percent year-on-year (y-o-y). Hindustan Zinc plans to send its own team for training to China to...
MoreHindustan Zinc declares fourth dividend of ₹26; share surges 5%
网页2023年3月22日 Shares of Hindustan Zinc rallied nearly 5% in opening trade on Wednesday after Vedanta Group company declared its fourth interim dividend for its shareholders for the financial year 2022-23. The country’s largest zinc miner has declared an interim dividend of ₹26 per equity share, amounting to ₹10,985.83 crore.
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Vedanta Pledges Additional 2.44% Stake In Hindustan Zinc To
网页2023年4月21日 The government, which has stake in Hindustan Zinc, recently opposed to Hindustan Zinc's proposed $2.98 billion acquisition of zinc assets from Vedanta as the Rajasthan-based company has long been ...
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Supreme Court Allows Govt To Sell Hindustan Zinc Stake In Open
网页2021年11月19日 The Supreme Court vide its judgment has allowed the Government to go ahead with its proposal to divest its complete stake in Hindustan Zinc Limited, a subsidiary of the Company (HZL) in the open ...
MoreWhen shall the Indian government be able to sell stake in Hindustan Zinc
网页2023年3月14日 Apr 11, 2023 IST 6 Min (s) Read. With every 5 percent stake sale, the government loses one director in the company. Sources say that initial responses from road shows have been poor, due to a lack of comfort in valuations of Hindustan Zinc, which is trading at EV/EBITDA of more than seven times, compared with global peers at less
MoreHindustan Zinc: Vedanta, govt agree to end arbitration
网页2022年2月15日 The Union government and Vedanta have decided to end an ongoing arbitration concerning the second call option given to the latter to buy the Centre’s residual 29.5% stake in Hindustan Zinc (HZL ...
Morehindustan zinc: Plans to buy Zinc International is not called off ...
网页1 天前 Hindustan Zinc CEO Arun Mishra has said that the plans to buy overseas asset from the company's parent firm Vedanta Ltd has not been called off yet. The Chief Executive officer (CEO) made the remarks during an earnings call. When asked about Zinc International's acquisition and whether the plan is still under works, Mishra replied
MoreWrapup: Why the government is unhappy with
网页2023年2月25日 That means, Hindustan Zinc needs the approval of a majority of its smaller shareholders too. It’s a rule in place just to prevent nefarious plans that a promoter might have to siphon away resources.
More
Hindustan Zinc CEO on decline in cost of production, margin Zinc
网页1 天前 Hindustan Zinc CEO, Arun Misra, has stated that despite the Zinc International deal missing its April deadline, discussions are ongoing and he expects the deal to be completed before the end of the year. Misra also highlighted several factors that are expected to drive cost reductions, including increased availability of domestic coal and
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HZL Digital Integrated Report 2021-22
网页Hindustan Zinc Limited is a fully integrated player, focussed on driving sustainable future growth. Discover World’s largest Underground zinc mining operations at Rampura Agucha* 6 th largest silver producer globally #1 in Metals Mining sector (Asia-Pacific) in Dow Jones Sustainability Index 2021 India’s largest Zinc-Lead miner
MoreHindustan Zinc profit falls 12% in March qtr on weaker zinc, lead ...
网页2023年4月21日 The company’s revenue from operations fell to 82.81 billion rupees from 86.13 billion rupees a year ago. The zinc, silver and lead miner generates around 99% of its revenue from its mining operations, with a small business in wind energy as well. Hindustan Zinc’s total expenses rose 13.6% in the quarter from a year ago.
MoreHindustan Zinc Becomes Fifth Largest Silver Producer Globally
网页2023年4月22日 Udaipur, Rajasthan, India – Business Wire India. Hindustan Zinc, India's leading zinc-lead-silver producer, has emerged as the 5th largest silver producer in the world, according to the World Silver Survey 2023 by The Silver Institute. This places India in the top 20 silver-producing countries. Earlier, the company was ranked 6th largest ...
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Hindustan Zinc Q4 result: Net profit drops 12% to Rs 2,583 crore
网页2023年4月21日 The company also reported record annual refined metal production at 1,032 kt, a YoY growth of 6.7 percent, Hindustan Zinc said, adding, it also clocked its best-ever full-year integrated zinc ...
MoreHindustan Zinc has drained all its cash in paying dividend to
网页2023年3月22日 Based on the recent dividend payout, the company would earn Rs 7,132 crore. For the current financial year, Hindustan Zinc has paid a total of Rs 20,710 crore as dividend to Vedanta, which is nearly triple of its nine-month profit figure of Rs 7,928 crore. With this announcement, the street will now expect Vedanta to pass this through and ...
MoreHindustan Zinc declares fourth dividend of ₹26; share surges 5%
网页2023年3月22日 Shares of Hindustan Zinc rallied nearly 5% in opening trade on Wednesday after Vedanta Group company declared its fourth interim dividend for its shareholders for the financial year 2022-23. The country’s largest zinc miner has declared an interim dividend of ₹26 per equity share, amounting to ₹10,985.83 crore.
MoreVedanta Pledges Additional 2.44% Stake In Hindustan Zinc To
网页2023年4月21日 The government, which has stake in Hindustan Zinc, recently opposed to Hindustan Zinc's proposed $2.98 billion acquisition of zinc assets from Vedanta as the Rajasthan-based company has long been ...
More
Supreme Court Allows Govt To Sell Hindustan Zinc Stake In Open
网页2021年11月19日 Supreme Court Allows Govt To Sell Hindustan Zinc Stake In Open Market, Says Vedanta It held that HZL is no longer a government company and the Centre is exercising its rights as a shareholder...
MoreHindustan Zinc
网页2022年11月29日 In 1966, the Metal Corporation of India’s zinc operations were acquired in such a way, becoming Hindustan Zinc. The company remained under government control until 2002, when it was sold off as a loss-maker. An underperformer it may have been, but once in private ownership Hindustan Zinc began to find its feet.
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