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Sesa Sterlite updates on scheme of amalgamation of Goa Energy with itself

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Merger scheme is effective 24 March 2015

Sesa Sterlite announced that Hon'ble High Court of Bombay at Goa had approved the Scheme of Amalgamation of the Goa Energy with the Company on 12 March 2015. Subsequent to filling the necessary forms, the merger Scheme is effective from 24 March 2015. Since Goa Energy was a wholly owned subsidiary of the Company, no new shares are issued pursuant to the Scheme.

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First Published: Fri, March 27 2015. 10:52 IST
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