Has the government unwittingly or otherwise reduced HZL’s value as a prelude to proposed sale of its 29.54% equity sale?
To Smt Nirmala Sitharaman Union Finance Minister Dear Smt Sitharaman, From media reports, it appears that both DIPAM and the Ministry of Mines are in a hurry to divest the government’s equity share of 29.54% in Hindustan Zinc Ltd. (HZL), without appreciating the strategic and financial implications of the proposal. In this connection, I invite your attention to my letters[Read More…]