HINDZINC

Hindustan Zinc or HZL was incorporated from the erstwhile Metal Corporation of India on January 10, 1966, as a Public Sector Undertaking. In April 2002, SOVL or Sterlite Opportunities and Ventures Limited made an open offer for the acquisition of shares of the company. And consequent to the disinvestment of Government of India's (GOI) stake of about 26% including management control to SOVL and also acquired additional 20% of shares from the public, under the SEBI Regulations 1997. In August 2003, the SOVL acquired additional shares to the extent of 18.92% of the paid-up capital from GOI in the exercise of 'call option' clause in the agreement of shareholder’s between the GOI and SOVL.

Along with the above additional acquisition, SOVL's stake in the company also gone up to 64.92%. Thus, the GOI's stake in the company now stands at 29.54%.

Currently, it is India's only integrated producer of zinc and lead and also one of the world-leading integrated zinc and lead producers.

The company smelters are being located at Chanderiya, Debari, and Visakhapatnam. The HZL mines are located at Zawar, Dariba and Rampura Agucha.

The company manufacturers three qualities of zinc such as exclusive high-grade zinc (used in construction, infrastructure, and much more), the high-grade zinc, and lastly, the prime western zinc.

The HZL manufactures about 99.99% pure lead used in lead-acid battery, ceramic glazes, electrodes, and much more.