Vedanta Ltd

Summary

Vedanta Limited (Earlier known as Sesa Sterlite Limited) is one of the worlds leading diversified natural resources companies. The Company produces aluminium, copper, zinc, lead, silver, iron ore, oil & gas, steel, ferro chrome and commercial energy. It has operations in India, Namibia, South Africa, UAE, Australia and Ireland. The Company is the Indian subsidiary of London listed, Vedanta Resources Plc. Being one of the largest producers of these natural resources globally, the Company is headquartered in Mumbai, India.Sesa Goa Limited announced change in its name to Sesa Sterlite Limited following approval by the Registrar of Companies, Goa on 18 September 2013. As per a restructuring proposal, Sterlite Industries (India) was merged into Sesa Goa to create Sesa Sterlite, through the issue of Sesa Goa Shares to Shareholders of Sterlite via a Scheme of Arrangement under Indian Law. Later, Sesa Sterlite announced change in its name Vedanta Limited on 22 April 2015. Vedanta has iron ore mining operations in Goa and Karnataka in India. While iron ore from its Goa mines is shipped through the Mormugoa port, the ore from Karnataka mines is exported through the ports of Goa, Mangalore and Krishnapatnam. The company is also into metallurgical coke and pig iron. The pig iron business focuses on the domestic Indian market, especially to foundries and steel mills in western and southern India. They also export to the Middle-East and South East Asia. Vedanta Limited was incorporated in... Read More