Hindustan Zinc board to consider non-convertible debenture issuance

Hindustan Zinc (BSE:HINDZINC) announced that its Committee of Directors will meet on March 10, 2025, to consider the issuance of listed non-convertible debentures (NCDs) on a private placement basis. The decision aligns with Regulation 29(1) and (2) along with Regulation 50(1) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The proposed issuance remains subject to the company's borrowing limits and necessary approvals from regulatory bodies and stock exchanges. This action follows a resolution passed by the Board of Directors on January 28, 2025.