Hindustan Zinc on Friday said that its board has authorised the Committee of Directors (CoD) to evaluate appropriate corporate restructuring exercise.
The Board of Directors of the company have decided that considering the scale, nature, and potential opportunities for various business verticals of the company, it should undertake a comprehensive review of its corporate structure for unlocking potential value.
The idea is to create separate legal entities for undertaking the Zinc & Lead, Silver, and Recycling business of the Company, Hindustan Zinc said in an exchange filling.
To this end, the Board of Directors have authorized a committee of directors to evaluate and recommend such options and alternatives to the Board of Directo…
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