Vedanta’s indirect wholly owned subsidiary -- Sesa Mining Corporation (SMCL), has received approval for the acquisition of Desai Cement Company (DCCPL). The acquisition will enhance the Group’s portfolio with Cement and help develop additional synergies through vertical integration. Board of Directors of Sesa Mining Corporation approved the same.
Vedanta is a diversified natural resources company, whose business primarily involves producing oil and gas, zinc- lead-silver, copper, iron ore, aluminium and commercial power.
