[Vedanta to Divest ₹7,500 Crore Stake in Hindustan Zinc via Block Deals] On June 17, sources told CNBC Awaaz that Vedanta Ltd, the promoter of Hindustan Zinc Ltd (HZL), plans to divest up to ₹7,500 crore (approx. $900 million) worth of shares in the company through block deals. The share sale is expected to be offered at a discount of up to 10% to the last closing price. DAM Capital and Citi are reportedly acting as brokers for the transaction, which may be executed imminently. Shares of Hindustan Zinc fell 5.26% on Tuesday to ₹485.95 on the NSE, down ₹27 from the previous session. The drop followed HZL’s announcement earlier in the day that its Board had approved a ₹12,000 crore (~$1.44 billion) capacity expansion plan to add 250 ktpa of refined metal capacity along with corresponding increases in mining and milling. Meanwhile, Vedanta shareholders are watching closely as the company’s board is set to consider its first interim dividend for FY2025 during Wednesday’s session. In FY2024, Vedanta paid a total dividend of ₹43.5 per share, amounting to over ₹17,000 crore in payouts.