Download the app
← Latest news

Hindustan Zinc targets doubling output by 2030 and hints at reviving its stalled demerger

Economy
Published on 24 April 2026
Hindustan Zinc targets doubling output by 2030 and hints at reviving its stalled demerger

Government blocked the demerger over minority shareholder concerns

Hindustan Zinc says it aims to double output by 2030 and may revisit a demerger plan first proposed in 2023. That proposal was opposed by the Government of India, which holds a 27.92% stake, citing potential disadvantages for minority shareholders. The company’s chair suggested the issue could resurface after the demerger related to Vedanta is completed, without committing to a timeline.

  • Hindustan Zinc plans to double output by 2030
  • 2023 demerger idea was opposed by the government
  • Concern: minority shareholders may not benefit
  • Rethink could come after Vedanta demerger completion
Read the full story at The Economic Times

This summarization was done by Beige for a story published on The Economic TimesThe Economic Times

The full experience is on mobile.

Swipe through stories, personalise your feed, and save articles for later — all on the app.