Vedanta garners Rs 3,100 crore from Hindustan Zinc OFS

Vedanta sold 63.6 million shares of Hindustan Zinc, raising ₹3,100 crore, yet fell short of the planned ₹6,500 crore. Despite high investor interest, share prices of Hindustan Zinc and parent company Vedanta have seen significant declines. Removal of green shoe options influenced the final outcome of proceeds.