About See All. The company produces and processes oil and gas, zinc, lead, silver, copper, iron ore, aluminium and commercial power and is present in India, South Africa, Namibia, Ireland, Australia, Liberia and Sri Lanka. Sesa Sterlite shares were trading 1.04 per cent down at Rs 209.10 per scrip during afternoon session on the Bombay Stock Exchange (BSE). "Sesa Sterlite Ltd hereby announces that it has changed the name of the company from its present name, Sesa Sterlite Limited to Vedanta Ltd," the firm said in a regulatory filing. Sesa Sterlite is a subsidiary of Vedanta Resources, UK, which is listed on the London Stock Exchange and represents the Vedanta group. 5,000,000,000 and its paid up capital is Rs. The promoters hold 59.53 per cent stake in Sesa Sterlite. Find mobile-friendly version of articles from the day's newspaper in one easy-to-read list. We are India's largest non-ferrous metals and mining company and are one of the fastest growing private sector companies. 3,361,195,780. This is a presentation from Sterlite Industries India Ltd, one of the finalists at the 5th CII-GBC National Award for Excellence in Water Management in 2008 The awards are in 2 categories, Within the Fence for work done on minimizing the organisations water footprint, and Beyond the Fence for work done in the community around the industry. Printable version | Jan 6, 2021 12:44:04 PM | https://www.thehindu.com/business/Industry/sesa-sterlite-renamed-as-vedanta-ltd/article7130007.ece, OPEC called at the same time for caution on the part of those active in the sector owing to the coronavirus pandemic. Open Now. A report, titled “Health Status and Epidemiological Study Around 5 km Radius of Sterlite Industries (India) Limited, Thoothukudi”, published by the Tirunelveli Medical College in 2008, states that 50 per cent of the people of the region die of diseases and chronic illnesses and around 50 per cent women are anaemic. It is inolved in Other financial intermediation. Sterlite Industries (India) Ltd (“Sterlite” together with its subsidiaries), Sesa Goa Ltd (“Sesa Goa” together with its subsidiaries) and Vedanta Resources Plc (“Vedanta” together with its subsidiaries, the “Group”) today announced a recommended merger of Sesa Goa and Sterlite and the proposed consolidation and simplification of the Group structure. Get Sterlite Industries (India) Ltd. (Amalgamated) live share price, historical charts, volume, market capitalisation, market performance, reports and other company details. We promise to deliver quality journalism that stays away from vested interest and political propaganda. By T.V. Sesa Sterlite is a subsidiary of Vedanta Resources Plc, UK, which is listed on the London Stock Exchange and represents the Vedanta group. The promoters hold 59.53 per cent stake in Sesa Sterlite. If leaving a lasting impact on society serves as motivation for you, a career at Sterlite Power can be very rewarding. In a regulatory filing, the company stated, "Sesa Sterlite Ltd hereby announces that it has changed the name of the company from its present name, Sesa Sterlite Limited to Vedanta Ltd”. You can support quality journalism by turning off ad blocker or purchase a subscription for unlimited access to The Hindu. Subscribe to The Hindu now and get unlimited access. The consolidation will create world’s seventh largest global diversified natural resources major by earnings before interest, taxes depreciation and amortisation (EBITDA). The firm said shareholders have approved the name change and is effective post issue of Fresh Certificate of Incorporation issued by the Registrar of Companies, Goa and Ministry of Corporate Affairs. Since its inception in 1996, Sterlite Copper has steadily grown to become one of the leading contributors to copper production in India, contributing upto 40% of India’s demand for refined copper. A one-stop-shop for seeing the latest updates, and managing your preferences. Not Now. Sesa Sterlite is a subsidiary of Vedanta Resources Plc, UK, which is listed on the London Stock Exchange and represents the Vedanta group. Metals and mining conglomerate Sesa Sterlite on Wednesday said it has changed its name to Vedanta Ltd to better align with its international identity — Vedanta Resources. The National Green Tribunal (NGT) in its judgment upheld its interim order of May 31, 2013, and has allowed the Tuticorin Copper Smelter of Sterlite Industries to continue to operate. Know the old name of the the company, Know the new name of the listed stocks. At Sterlite Power, work is driven by a strong focus on social impact, overcoming obstacles and innovation to find solutions to complex workplace challenges. Sterlite Industries (I) Ltd., Tuticorin. The proposal to change name comes after Vedanta completed an amalgamation of its various businesses to create Sesa Sterlite. 16 check-ins. 5th Khetwadi (7,817.70 mi) Mumbai, Maharashtra, India 400004. Producer of copper products. “Sesa Sterlite Ltd hereby announces that it has changed the name of the company from its present name, Sesa Sterlite Limited to Vedanta Ltd,” the firm said in a regulatory filing. The firm said shareholders have approved the name change and is effective post issue of Fresh Certificate of Incorporation issued by the Registrar of Companies, Goa and Ministry of Corporate Affairs. It was formed after the demerger of the telecom business from Sterlite Industries (India) with effect from July 1 2000 to enable sharper focus on each of the businesses. Sterlite Industries (India) (Amalgamated) share price live updates on The Economic Times. Sterlite Metal Industries. It is classified as Non-govt company and is registered at Registrar of Companies, Chennai. It was in this background, Sterlite Industries set up its unit in Tuiticorin District in Tamil Nadu, amidst protests by the local population.2. However, the change in the name of the company will have no impact on the operations of its subsidiaries — Cairn India, Hindustan Zinc Ltd and BALCO, the company added. The Hindu has always stood for journalism that is in the public interest. KOLKATA: The Vedanta group's proposed merger of its subsidiaries Sesa Goa Limited and Sterlite Industries (India) Limited to create 'Sesa Sterlite' has become effective. 288 likes. Contact here for in Silvassa, Dadra and Nagar Haveli. 1986. innovation. (Photo for representation purpose only. We are India's largest non-ferrous metals and mining company and are one of the fastest growing private sector companies. ), Biocon to go ahead with Syngene IPO, listing likely in July, Govt offers DTAA relief to MAT-hit foreign investors. Company profile page for Sterlite Power Transmission Ltd including stock price, company news, press releases, executives, board members, and contact information About Sterlite industries (I) ltd. :-Established in 1975 , Sterlite industries (I) ltd. has made a name for itself in the list of top service providers of in India. Sterlite Industries (india) Limited is a Public incorporated on 08 September 1975. Community See All. Log In. . - On 28th February, the name of the Company was changed to Sterlite Industries (India), Ltd. and a fresh Certificate of Incorporation to this effect was obtained from the Registrar of Companies, Maharashtra. Sesa Sterlite shares were trading 1.04 per cent down at Rs 209.10 per scrip during afternoon session on the BSE. Sterlite announces name change OCTOBER 22, 2007 â Sterlite Optical Technologies Ltd. will drop "optical" from its name, a letter to stakeholders from the company's senior management reveals. The company produces and processes oil and gas, zinc, lead, silver, copper, iron ore, aluminium and commercial power and is present in India, South Africa, Namibia, Ireland, Australia, Liberia and Sri Lanka. 5 out of 5 stars. Find the changed names of the listed stocks as reported to the Stock Exchange. Move smoothly between articles as our pages load instantly. "Sesa Sterlite Ltd hereby announces that it has changed the name of the company from its present name, Sesa Sterlite Limited to Vedanta Ltd," the firm said in a regulatory filing. On 21 August 2000 the Company's name was changed from Sterlite Telecom Systems Ltd to Sterlite Optical Technologies Ltd. The Company was promoted by Anil Kumar Agarwal, Dwarka Prasad Agarwal. Metals and mining conglomerate Sesa Sterlite on Wednesday said it has changed its name to Vedanta to better align with its international identity - Vedanta Resources. At this difficult time, it becomes even more important that we have access to information that has a bearing on our health and well-being, our lives, and livelihoods. The proposal to change name comes after Vedanta completed an amalgamation of its various businesses to create Sesa Sterlite. We have been keeping you up-to-date with information on the developments in India and the world that have a bearing on our health and wellbeing, our lives and livelihoods, during these difficult times. The promoters hold 59.53 per cent stake in Sesa Sterlite. OPEC+ approves slight crude output increases, Warburg Pincus invests $100 mln in Indian consumer electronics firm boAt, In Visakhapatnam’s Lambasingi village, strawberry picking emerges as a crowd-pulling winter attraction, Watch | About the China-Pakistan Economic Corridor, Telangana student’s innovation wins her family a 2BHK house, Grammy Awards shift to March due to pandemic conditions, Duplicate SIM cards help online fraudsters siphon off crores, Chennai records highest rain for a day in January, PNB scam: Nirav Modi's sister allowed to turn approver, No charges against Wisconsin officer who shot Jacob Blake, Several States on alert as fear of bird flu grows, U.S., India have “close cooperation” on LAC action by China: Kenneth Juster, ED attaches assets worth ₹452 cr. Sterlite Power won 6 new transmission projects in Brazil to take the total capacity commitment to US$ 2 Billion. Your support for our journalism is invaluable. Vedanta Group CEO Tom Albanese said: "The name change from Sesa Sterlite to Vedanta Ltd promises a united and aligned identity, Vedanta, which positions us to create greater value for our domestic and global stakeholders, as a diversified natural resources group of companies.". On April 26, 2010, Sterlite Industries (India) Limited (the “Company”) announced that the Board of Directors of the Company has, subject t Get detailed Sterlite Industries (India) (Amalgamated) stock price news and analysis, Dividend, Bonus Issue, Quarterly results information, and more. Based in Mumbai, India, Sterlite Industries (India) Limited, a unit of London-listed resources conglomerate Vedanta Resources is a diversified… As a subscriber, you are not only a beneficiary of our work but also its enabler. In the long run, the company has its manufacturing facilities at Aurangabad and Pune in Maharashtra Silvassa in … 5. 289 people like this. 1991- Sterlite Industries establishes India’s first continuous copper rod plant. Its authorized share capital is Rs. After Sterlite started construction work, the Maharashtra government yielded to public pressure and revoked the license granted to Sterlite. Sterlite Industries (I) Ltd., Tuticorin. See more of Sterlite Metal Industries on Facebook. Sterlite Copper represents a key aspect of Vedanta Limited’s Copper Business. The company's products include copper cathodes and cast copper rods including 11 mm and 12 mm rods used in the transformer industry and 8 mm rods used by wires and cables industry in housing wires, electrical cables and telecom cables. 1986- Sterlite Cables acquires the Shamsher Sterling Corporation, changes the name to Sterlite Industries (India). Sterlite industries (I) ltd. is listed in Trade India's list of verified companies offering wide array of etc. Commercial & Industrial in Mumbai, Maharashtra. You have reached your limit for free articles this month. Sterlite Industries (India) Ltd has announced the following Standalone results for the quarter & year ended March 31, 2011: The Unaudited results … Sterlite Power received the largest global order of US$ 47 Billion from GS S Korea for supply of High Performance Conductor (ACCC). It has helped us keep apace with events and happenings. 1986 – The company name was changed to Sterlite Industries (India), Ltd. Create New Account. An evolving world needs revolutionary solutions . Check out why Sterlite Industries (India) (Amalgamated) share price is up today. It’s a support for truth and fairness in journalism. Sterlite Industries India General Information Description. 1986– Sterlite Cables acquires the Shamsher Sterling Corporation, changes the name to Sterlite Industries (India). Boris Johnson cancels Republic Day visit to India over COVID-19 crisis in U.K. Bengal Minister Laxmi Ratan Shukla resigns from Trinamool Congress, Shutters of Chembarambakkam, Red Hills reservoirs opened again, Plan to erect new Parliament building gets SC green light, Coronavirus | U.K. PM Boris Johnson announces nationwide lockdown, Coronavirus vaccine | No EU decision on Moderna shot as blame game mounts. On 21 August 2000, the Company’s name was changed from Sterlite Telecom Systems Ltd to Sterlite Optical Technologies Ltd. A select list of articles that match your interests and tastes. 1975 Sterlite Industries (India) Ltd. was amalgamated. 294 people follow this. Enjoy reading as many articles as you wish without any limitations. Antony Raj . We also reiterate here the promise that our team of reporters, copy editors, fact-checkers, designers, and photographers will deliver quality journalism that stays away from vested interest and political propaganda. “Sesa Sterlite Ltd hereby announces that it has changed the name of the company from its present name, Sesa Sterlite Limited to Vedanta Ltd,” the firm said in a regulatory filing. We brief you on the latest and most important developments, three times a day. Forgot account? Sterlite denied any wrongdoing alleging that toxic gases could have come from any of the numerous other hazardous industries like SPIC, TAC, Kilburn or Tuticorin Thermal. "However, the change in the name of the company will have no impact on the operations of its subsidiaries" - Cairn India, Hindustan Zinc and BALCO, the company added. It was formed after the demerger of the telecom business from Sterlite Industries (India), with effect from July 1, 2000, to enable sharper focus on each of the businesses. In September 2013, SESA Goa, Sterlite Industries and Vedanta Aluminium merged to form Sesa Sterlite Limited. or. in fraud case. Vedanta Group CEO Tom Albanese said: “The name change from Sesa Sterlite to Vedanta Ltd promises a united and aligned identity, Vedanta, which positions us to create greater value for our domestic and global stakeholders, as a diversified natural resources group of companies.”. Sesa Sterlite changed its name to Vedanta Limited to be aligned to its international identity Vedanta Resources. In 1993 District Collector of Ratnagiri, Maharashtra directed Sterlite Industries (India) Ltd to suspend construction work following year-long agitation by local people. 1988- Sterlite Industries.Makes an initial public offering of its shares on the Indian stock exchange. As we fight disinformation and misinformation, and keep apace with the happenings, we need to commit greater resources to news gathering operations. However, we have a request for those who can afford to subscribe: please do. 292 likes. To enable wide dissemination of news that is in public interest, we have increased the number of articles that can be read free, and extended free trial periods. *Our Digital Subscription plans do not currently include the e-paper, crossword and print. Company and are one of the the company ’ s Copper Business and mining company are! The day 's newspaper in one easy-to-read list after Vedanta completed an amalgamation of its various businesses create... Fairness in journalism Biocon to go ahead with Syngene IPO, listing likely in July, offers. At Rs 209.10 per scrip during afternoon session on the Economic Times from the day 's newspaper one... And revoked the license granted to Sterlite Corporation, changes the name Vedanta! 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