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Board of Vedanta approves acquisition of Sterlite Iron and Steel Company

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Last Updated : Nov 08 2024 | 9:31 PM IST

At meeting held on 08 November 2024

The Board of Vedanta at its meeting held on 08 November 2024 has approved the acquisition of 100% shares of Sterlite Iron and Steel Company (SISCOL), a wholly owned subsidiary of Vedanta Incorporated, by Sesa Resources (SRL) for Rs 1 lakh. Accordingly, SISCOL shall become a step-down subsidiary of Vedanta.

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First Published: Nov 08 2024 | 9:21 PM IST

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