The Indian government is preparing to sell up to a 2% stake in Hindustan Zinc through an offer for sale (OFS), with the transaction expected to raise around $525 million. This stake sale is anticipated to be launched either in June or July as part of the government's ongoing asset monetisation programme. The initiative aims to unlock value from public sector enterprises by reducing government holdings in select companies. Hindustan Zinc, a leading zinc producer in India, is among the entities identified for partial divestment to support fiscal consolidation and enhance market participation. The stake sale is expected to be launched this month or in July as part of the government’s broader asset monetisation programme.
India to sell up to 2% stake in Hindustan Zinc through ofs
by Riddra Markets Desk · 5 June 2026
Updated 6 Jun 2026, 1:37 am
This stake sale supports India's ongoing efforts to monetise public assets and optimize government holdings.