Board of Vedanta approves acquisition of Sterlite Iron and Steel Company
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.Powered by Capital Market - Live News
Disclaimer: No Business Standard Journalist was involved in creation of this content