Stock Market Today, June 6 -- Vedanta subsidiary Hindustan Zinc share price gained during the intraday trade on Friday, June 6, following a fundraising move of Rs.5,000 crore.
Hindustan Zinc share price gained after Vedanta informed the stock exchanges - the National Stock Exchange of India (NSE) and the BSE - about the update on the fundraise.
Vedanta told exchanges that certain undertakings have been provided by the company in relation to the equity shares of Hindustan Zinc Limited.
As per the release, Vedanta said that it has has approved the issuance of unsecured, listed, rated, non-convertible, redeemable debentures. These debentures of up to Rs.5,000 crore will have a face value of Rs.1,00,000 each, on a private placement basis, ...
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