Hindustan Zinc Seeks ₹30,000 Crore Limit for Loans

Limited has issued a postal ballot notice seeking shareholder approval to enhance the limit for loans, guarantees, securities and investments under Section 186 of the Companies Act, 2013. The proposed limit is ₹30,000 crore, doubling the existing cap of ₹15,000 crore. The move aims to provide greater financial flexibility to the company for funding business expansion, supporting subsidiaries and pursuing strategic investment opportunities. Shareholder approval will be required to implement the proposed enhancement. The development highlights Hindustan Zinc's efforts to strengthen its financial flexibility and support future growth plans through increased borrowing and investment capacity. Investors will monitor the outcome of the postal ballot.