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Hindustan Zinc Promoters Release 112 Crore Pledged Shares, FIIs Increase Stake
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CNBC Awaaz•16-10-2026, 13:37
Hindustan Zinc Promoters Release 112 Crore Pledged Shares, FIIs Increase Stake
  • •Vedanta Group company Hindustan Zinc saw a major reduction of about 112.14 crore pledged and NDU shares by the end of September compared to June.
  • •Vedanta's total stake in the company remained unchanged at 60.71 percent, holding 256.53 crore shares.
  • •Foreign Institutional Investors increased their holding from 9.25 crore shares to 9.95 crore shares during the quarter.
  • •Domestic Institutional Investors saw a slight drop in total holding, though mutual funds and pension funds increased their shares.
  • •President of India holds a steady 27.92 percent stake, keeping government and Vedanta's combined share at approximately 88.63 percent.

Key Questions Answered

By the end of September 2026, promoter Vedanta's total stake in Hindustan Zinc remained steady at 60.71% (256.53 करोड़ shares). However, the pledge and non-disposal undertaking (NDU) burden on its shares decreased significantly, dropping by about 112.14 करोड़ shares from June to roughly 120.44 करोड़ shares.

Foreign Institutional Investors (FIIs) increased their total holding in Hindustan Zinc from approximately 9.25 करोड़ shares in June to 9.95 करोड़ shares in September 2026. Conversely, Domestic Institutional Investors (DIIs) saw their total holding decrease by about 41 lakh shares down to 20.51 करोड़ shares, driven largely by a drop in insurance company holdings despite mutual funds adding shares.

The President of India held 117.96 करोड़ shares, representing a stable 27.92% stake that remained unchanged across the June and September 2026 quarters. Combined with Vedanta's stake, promoters and the government held roughly 88.63% of the company, leaving 11.37% with other public shareholders.