Vedanta Limited announced the oversubscription of its offer for sale of Hindustan Zinc Limited equity shares. The oversubscription option exercised is for 1,40,77,066 equity shares, representing 0.33% of the total issued and paid-up equity share capital. This is in addition to the initial 3,35,00,000 equity shares, bringing the total offer size to 4,75,77,066 equity shares. 10% of the offer is reserved for retail investors.
Oversubscription Details
Vedanta Limited has declared the oversubscription of its offer for sale of equity shares of Hindustan Zinc Limited. The initial offer included 3,35,00,000 Equity Shares, representing approximately 0.79% of the company’s total issued and paid-up equity share capital (referred to as the “Base Offer Size”).
Extent of Oversubscription
The company has chosen to exercise the oversubscription option to the extent of 1,40,77,066 Equity Shares. This represents 0.33% of the total issued and paid-up equity share capital. This addition brings the total offer size to 4,75,77,066 Equity Shares, representing approximately 1.13% of the total issued and paid-up equity share capital.
Allocation for Retail Investors
Out of the total offer, 47,57,707 equity shares, which constitute 10% of the total offer, are reserved for allocation to Retail Investors. This allocation is subject to the receipt of valid bids as part of the overall offer on January 29, 2026.
Source: BSE
