Biznextindia : Vedanta group subsidiary Hindustan Zinc Limited has incorporated a wholly owned subsidiary-Hindustan Zinc Alloys Private Limited having an authorized share capital of Rs.10 lakh divided into 1 lakh equity shares of Rs.10 each.
The new subsidiary has been formed to carry out the business of smelting, melting and casting, beneficiation of minerals, mineral dressing, concentration, manufacturing, produce and generally dealing in all metals and their alloys.