12th Aug 2013 13:57
12 August 2013
Vedanta Resources Plc
Update on Group Consolidation and Simplification
Vedanta Resources Plc's subsidiary, Sesa Goa Limited issued the following announcement today regarding the dismissal by the Division Bench of High Court of Bombay at Goa of an appeal filed by a shareholder of Sesa Goa Limited, and the sanction of the Schemes of Amalgamation and Arrangement.
Sesa Goa Limited
Update on the Schemes of Amalgamation and Arrangement
Goa, 12 August 2013: The Division Bench of the High Court of Bombay at Goa vide its order dated 12 August, 2013 has dismissed the appeal filed by a shareholder of Sesa Goa Limited and sanctioned the Scheme of amalgamation and arrangement amongst Sterlite Industries (India) Limited, Madras Aluminium Company Limited, Sterlite Energy Limited, Vedanta Aluminium Limited and Sesa Goa Limited and their respective Shareholders and Creditors ('Composite Scheme') and the Scheme of Amalgamation of Ekaterina Limited with the Company and their respective Shareholders and Creditors ('Ekaterina Scheme').
For further information, please contact:
Investors Ashwin Bajaj Senior Vice President - Investor Relations Vedanta Resources plc
| Tel: +91 22 6646 1531
|
Media Gordon Simpson Finsbury | Tel: +44 20 7251 3801 |
About Vedanta Resources plc
Vedanta Resources plc ("Vedanta") is a London listed FTSE 100 diversified global natural resources major. The group produces aluminium, copper, zinc, lead, silver, iron ore, oil & gas and commercial energy. Vedanta has operations in India, Zambia, Namibia, South Africa, Ireland, Liberia, Australia and Sri Lanka. With an empowered talent pool globally, Vedanta places strong emphasis on partnering with all its stakeholders based on the core values of entrepreneurship, excellence, trust, inclusiveness and growth. For more information, please visit www.vedantaresources.com.
Disclaimer
This press release contains "forward-looking statements" - that is, statements related to future, not past, events. In this context, forward-looking statements often address our expected future business and financial performance, and often contain words such as "expects," "anticipates," "intends," "plans," "believes," "seeks," "should" or "will." Forward-looking statements by their nature address matters that are, to different degrees, uncertain. For us, uncertainties arise from the behaviour of financial and metals markets including the London Metal Exchange, fluctuations in interest and or exchange rates and metal prices; from future integration of acquired businesses; and from numerous other matters of national, regional and global scale, including those of a political, economic, business, competitive or regulatory nature. These uncertainties may cause our actual future results to be materially different that those expressed in our forward-looking statements. We do not undertake to update our forward-looking statements.
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