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government: SC dismisses Vedanta's plea to ask govt to divest its HZL stake in open market

The Supreme Court on Monday dismissed Vedanta s plea to direct the Centre to divest its 29.54% residual stake in Hindustan Zinc (HZL) in the open market, saying it cannot interfere with a "policy decision". A Bench led by Chief Justice DY Chandrachud, while rejecting Vedanta s application, said the company giving up on its call option was not conditional on the government having agreed to sell its stake in the open market. ....

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