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SESA STERLITE BOARD
Odisha state PSU seeks to terminate mining JVs with Rio Tinto, Sesa Sterlite, HindalcoOrissa Mining Corporation has issued a notice to Sesa Sterlite, asking it to show reasons for not cancelling the JV under which bauxite was...- Sesa Sterlite seeks shareholders' nod to up borrowing cap to Rs 80,000 croreThe Anil Agarwal-led firm's Board has, already passed an enabling resolution to increase the limit by 33.3 per cent from Rs 60,000 crore.
- Sesa Sterlite Board nod for raising borrowing cap to Rs 80K croreThe Board has also approved creation of charge/mortgage over properties of the company for the purpose of the borrowing, Sesa Sterlite said.
- Sesa Sterlite Board to meet on September 5Sesa Sterlite will be needing funds for various corporate purposes, including expansions at its different operations, a source said.
- Sesa Sterlite reports Rs 1,621.55 crore net profit in Q4The company, previously known as Sesa Goa, had reported net profit of Rs 297.51 crore and net sales of Rs 287.49 crore in the January-March...
- Hindustan Zinc’s cash pile to help Sesa Sterlite manage its debts: Dipen Shah"Going ahead, if Sesa Sterlite manages to win the deal, then their shareholding will be beyond 75% and then we need to see what further ste...
- Sesa Sterlite posts net profit of Rs 2,394.37 crore in September quarterVedanta group firm Sesa Sterlite reported a consolidated net profit of Rs 2,394.37 crore for the second quarter ended September 30, 2013.
- Sesa Goa and Sterlite merger triggers top deck rejig at VedantaThe merger of Sesa Goa and Sterlite Industries, forming Sesa Sterlite, has triggered a restructuring of the top deck of the Vedanta group.
- Sesa Goa investors vote on Vedanta mergerResults of the vote on the merger is being closely watched as it will create the world's seventh largest diversified metals and mining cong...
- Sesa shareholders cast vote on restructuring, result next weekShareholders of Sesa Goa cast votes here today on the proposed merger of Sterlite Industries and other group companies of Vedanta Resources...
- Sesa Goa shareholders meet on June 19 on Sterlite mergerSesa Gao said its shareholders will meet on June 19 for approving the proposed merger of Sterlite Industries and other group firms as annou...
- Shareholders meet on merger after court directive: Sesa GoaSesa Goa is waiting for court's directions to convene a meeting of shareholders to seek their approval for the proposed merger of Sterlite ...
- Sesa-Sterlite will generate $7-8 billion profits per year: Anil AgarwalAnil Agarwal said the debts are long-term and Sesa Sterlite would be able to generate substantial cash flow to repay all its debts.
- Sesa-Sterlite will have cash to repay debt in 3 years, says Anil AgarwalAnil Agarwal said the new entity with "amazing assets" will generate annual profit of $7-8 billion and be able to repay loans within three ...
- MCA examining CLB options in Sesa Goa caseThe prosecution has been filed for alleged irregularities in invoicing of imports and exports pegged at Rs 1,000 crore.
- Merger Impact: Market dumps Sesa Goa, stock down 10%According to the deal, Vedanta Aluminium along with the Madras Aluminium Company will also be consolidated into Sesa Sterlite.
- Vedanta set to merge Sterlite, Sesa Goa to cut debtSesa Goa, India's largest iron-ore exporter, will absorb Sterlite in an all-share transaction, says billionaire chairman Anil Agarwal.
- Vedanta's merger of Sesa Goa, Sterlite to create USD 20 bn entityVedanta Resources today decided to merge Sterlite Industries with Sesa Goa to create USD 20 billion controlling entity for simplying its gr...
- Vedanta planning to combine India operations in new holding firmIf approved, the new holding company will own controlling stakes in all of Vedanta's cos in India and would be a mammoth enterprise ranking...
- Vedanta Resources group may merge iron ore firm Sesa Goa with copper and aluminium maker Sterlite IndustriesThe Vedanta Resources group may merge Sesa Goa with Sterlite Industries as it tries to simplify a complex corporate structure.
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