 "Divestment, privatisation, stake sale, disinvestment")
The central government is aiming to meet its disinvestment target of Rs 65,000 crore in FY23 by completing its first tranche of proceeds from the sale of Hindustan Zinc Ltd (HZL).
“We are working on the Hindustan Zinc offer for sale (OFS) and expect some stake dilution to happen in the current fiscal," a senior government official said. He added that other stake sales in the pipeline, including IDBI Bank and Concor, would take time and may not be completed this year, and that the Hindustan Zinc OFS is likely to come from a minority stake sale.
At the current
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