Loan & Debt9 Aug 2026, 12:30 pm
Hindustan Zinc: Restrictions Released Post Facility Agreement Rescission
AI Summary
Hindustan Zinc Limited (HZL) received an intimation regarding the rescission of a USD 80 million Facility Agreement dated December 30, 2025. The agreement, originally involving Vedanta Resources Limited as borrower and other Vedanta group entities as guarantors, had imposed certain restrictions on HZL's actions. Following the repayment of facilities under the agreement, these restrictions on HZL have now been released. The disclosure was made under SEBI's LODR regulations.
Key Highlights
- Restrictions on Hindustan Zinc Limited have been released.
- This follows the rescission of a USD 80 million Facility Agreement.
- The agreement involved Vedanta Resources Limited and other related parties.
- Repayment of facilities under the agreement led to the release of restrictions.
Price Impact
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