Nilesh Shah says Hindustan Zinc shows value in divestment
In short
Kotak AMC’s Nilesh Shah said Hindustan Zinc is an example of how selling part of a government stake can create value. He said the government’s remaining stake is now worth over Rs 62,000 crore.
He used that example while talking about IDBI Bank’s divestment. The report does not say that IDBI Bank’s deal has happened or what the final terms will be.
What the reporting says
Kotak AMC’s Nilesh Shah said Hindustan Zinc shows how strategic divestment with a retained minority stake can create long-term national wealth, and he said the government’s remaining stake is worth over Rs 62,000 crore. He also said he hopes IDBI Bank’s divestment delivers similar value. The reporting gives his comparison and valuation claim, but not a new policy decision or transaction outcome.
Why it matters
Kotak AMC’s Nilesh Shah cited Hindustan Zinc as an example of how strategic divestment with a retained minority stake can create long-term national wealth, saying the government’s remaining stake is worth over Rs 62,000 crore. He said he hopes IDBI Bank’s divestment can deliver similar value. The remarks matter for PSU privatisation debates, but the available reporting does not state any new sale, price, or policy change.