Vedanta to offload Rs 7,500 cr worth stake in Hindustan Zinc via block deals: Report

Vedanta plans to raise about ₹7,500 crore by offloading up to 10 % of its 63.42 % stake in Hindustan Zinc via block deals managed by DAM Capital and Citi. Proceeds may ease group debt as HZL pursues a ₹12,000 crore expansion to double zinc-lead-silver output with a new Debari complex, recently approved expansion.