New Delhi, Jan. 27 -- Mining giant Vedanta today said its duly authorized Committee of Directors has approved the sale of up to 6,70,00,000 equity shares of Hindustan Zinc, representing a 1.59% stake, through an offer-for-sale route.

The company, in its regulatory filing, said that the proposed transaction will be executed through the stock exchange mechanism, in line with applicable laws and the circulars issued by the Securities and Exchange Board of India and the stock exchanges.

(more to come)

Published by HT Digital Content Services with permission from MINT....