10:30 IST
BSE
Acquisition
Hindustan Zinc Acquisition Worth ₹1,162 Cr
Axis Trustee Services Limited, acting as agent, disclosed the creation of an encumbrance over 50.10% equity stake in Hindustan Zinc Limited. This follows a $125 million (₹1,162.5 Crore) external commercial borrowing facility for Vedanta Limited. The transaction involves non-disposal undertakings to secure the borrowing from JPMorgan Chase Bank.
- Value
- ₹1,162 Cr