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Vedanta announces ₹7 interim dividend for FY26, sells 1.6% stake in Hindustan Zinc

Vedanta Ltd, a prominent player in the mining and metals sector, has made significant moves to strengthen its financial position. On June 18, 2025, the company confirmed the sale of a 1.6% stake in its subsidiary, Hindustan Zinc, for an impressive ₹3,028 crore. This strategic decision is part of Vedanta's ongoing efforts to enhance its balance sheet and financial flexibility as it progresses towards a demerger into sector-focused entities. In a stock exchange filing, Vedanta announced that it sold 66.7 million shares of Hindustan Zinc to institutional investors through an accelerated bookbuild process. The shares were sold at a price of ₹453.97 each, reflecting a strong demand from investors. Following the announcement, Hindustan Zinc shares were trading at ₹457 apiece, down 6%, while Vedanta's shares saw a slight increase of 0.22%, trading at ₹460. In addition to the stake sale, Vedanta's Board of Directors declared a first interim dividend of ₹7 per equity share for the f...