SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Sesa Goa and Sterlite Industries’ shareholders approves merger plan

25 Jun 2012 Evaluate

Sesa Goa and Sterlite Industries’ shareholders have approved the proposed merger at separate meetings held for the purpose. Both the companies will now be waiting for the approval of the High Court of Bombay at Goa and High Court of Madras.

On June 21, shareholders of Sterlite Industries approved the merger proposal by an overwhelming majority of 92% of the votes in value at a meeting. On June 19, at a meeting of Sesa Goa’s shareholders, 91.70 of voters in number representing 79.12% of votes in value, voted in favor of the merger resolution.

The proposal envisaged the merger of Sterlite Industries with Sesa Goa (proposed new name ‘Sesa Sterlite’). Under the merger plan, three Sesa Goa shares were to be allotted for every five Sterlite shares.

Vedanta Share Price

787.60 4.85 (0.62%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Hindalco 1038.95
Vedanta 787.60
Hindustan Zinc 592.35
Jain Resource Recycl 420.90
Gravita India 1639.80
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×