Sanco Trans and Dynamic Industries among 7 other companies are expected to be in focus today as they have set September 2 as the record date for determining shareholders eligible for dividend payments. This means today will be the last day to buy the shares of these companies in order to be able to qualify…
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READ MOREThe board of Vedanta-owned Hindustan Zinc approved a second interim dividend of Rs 19 per share for eligible shareholders on Tuesday, with August 28 set as the record date. “We wish to inform you that the Board of Directors of Hindustan Zinc Limited (“the Company”), at its meeting held today i.e. Tuesday, August 20, 2024,…
READ MOREBillionaire Anil Agarwal’s Vedanta fell short of meeting its initially targeted proceeds from an offer for sale (OFS) in group entity Hindustan Zinc, with the exercise netting ₹3,100 crore for the resources conglomerate that had first sought to garner up to ₹6,500 crore in stake dilution but later reduced the OFS size. Vedanta sold 63.6…
READ MOREBenchmark Sensex spurted by 1,330 points to close at a two-week high while Nifty jumped 397 points to settle above the 24,500 level on Friday as easing fears of a recession in the US triggered buying in IT shares amid a sharp global stocks rally. Stocks that were in focus include names like CDSL, which…
READ MOREMetal major Vedanta Limited on Friday said it would exercise the oversubscription option in the ongoing offer for sale (issue) of Hindustan Zinc Limited to the extent of over 1.21 crore equity shares or 0.29% in addition to 5.14 crore equity shares representing 1.22% of the total issued and paid-up equity share capital of the…
READ MOREShares of Hindustan Zinc (HZL) fell 7.8% to a day’s low of Rs 528 on the BSE on Friday, following the opening of Vedanta’s offer for sale (OFS) at a discounted floor price of Rs 486. The mining conglomerate, which is the promoter of HZL, is selling up to 3.31% of its stake, or 14…
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