Directorate of Enforcement Conducts Search at Hindustan Zinc Ltd Premises
Hindustan Zinc Limited has confirmed that the Directorate of Enforcement conducted a search operation at its premises regarding an investigation under the Foreign Exchange Management Act, 1999.The company stated that the search operation was initiated by the Directorate of Enforcement on June 01, 2026, and concluded on June 03, 2026, at 04:10 AM.
A review of the investigation details indicates that the action is related to an inquiry under the Foreign Exchange Management Act, 1999. The operational aspects of the matter are detailed below:
| Particulars | Details |
|---|---|
| Name of the listed entity | Hindustan Zinc Limited |
| Type of investigation received | Investigation under Foreign Exchange Management Act, 1999 |
| Authority conducting action | The Directorate of Enforcement |
| Nature of Action Taken | A search operation was conducted by the Directorate of Enforcement at the company's premises. |
Hindustan Zinc reported that its officers provided all necessary information, documents, and clarifications requested by the Directorate of Enforcement. The company stated it will take appropriate action in due course concerning the matter.
Regarding the outcome of the investigation to date, Hindustan Zinc confirmed that no penalty or restriction or sanction had been imposed consequent to the communication.
The company also reported zero impact on its financial, operational, or other activities, quantifyingably speaking following the search operation.
HINDZINC Stock Price Movement
Shares of Hindustan Zinc Limited are shedding value as of 1:48 PM, dipping by 2.02% in live trading to trade at ₹612.5. This decline comes amid significant activity, with over 2.36 million shares changing hands during the volatile session.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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