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dividend payout: Government eye on HZL dividend payout

The Indian government is ensuring Hindustan Zinc Ltd (HZL) does not put itself in financial trouble with its dividend distributions. A senior official stated the dividend was acceptable as long as the corporation did not have to borrow in order to provide generous payouts. Between July 2022 and the time of the report, HZL has announced dividends of INR 34,859 crore with Vedanta being the largest beneficiary with INR 22,630 crore.

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