Vedanta Limited

Vedanta is set to invest Rs. 1 lakh crore (US$ 11.95 billion) in Odisha, creating 2 lakh new job opportunities. This significant investment will provide a major boost to the state's goal of achieving a half-trillion-dollar economy by FY30.

Vedanta Limited (the “Company” or “Vedanta”) announced the successful completion of its maiden QIP through which it has raised Rs. 8,500 Crore (US$ 1.02 billion).

The Gujarat State Government invited Vedanta Limited to a roadshow targeting Japan's electronics giants to promote collaboration and investment opportunities between Japan and India, emphasizing India's potential for electronics manufacturing and urging Japanese companies to partner in this endeavour.

In September 2023, Vedanta Limited announced plans to split its business units into separate companies aiming to establish top-tier companies that lead their sectors and propel future growth by capitalizing onto the increasing global demand for commodities, energy, and technology.

In August 2023, Vedanta announced the launch of the third edition of Vedanta Spark, their global corporate innovation, accelerator, and ventures program aimed at providing over 100 project opportunities worth up to US$ 5 million to startups in sustainable and transformative technologies.

On August 7, 2023, Vedanta Limited announced the appointment of former Alcoa COO, Mr. John Slaven, as the Chief Executive Officer for its Aluminium Business, effective October 3, 2023.

In June 2023, Vedanta Limited announced its partnership with the Confederation of Indian Industry’s Centre of Excellence for Innovation, Entrepreneurship, and Startups (CII CIES) for their global corporate innovation, accelerator, and ventures program, Vedanta Spark.

In May 2023, Vedanta appoints Sonal Shrivastava as Chief Financial Officer.

In January 2023, Vedanta announced that its board had approved the sale of its international zinc assets in South Africa and Namibia to subsidiary Hindustan Zinc (HZL) for US$ 2.98 billion.

In September 2022, the company announced plans of scaling up its renewable energy sourcing to 1 GW, thus accelerating transition of its operations to green energy.

In August 2021, Vedanta Limited announced a plan to invest up to US$ 20 billion towards doubling manufacturing capacities in businesses such as silver and steel.

Plans to raise US$ 8 billion through a mix of debt and equity to secure funds for the acquisition of state-run Bharat Petroleum Corp. Ltd (BPCL). The sale, part of India’s asset-sale programme, is expected to fetch the government about Rs. 45,000 crore (US$ 6.4 billion) and is aimed at helping it make up for the revenue loss caused by covid-related disruptions and secure funding for additional spending to boost the economy.

Signed an agreement to deploy GE's Digital Smelter solutions at its largest smelter in India at Jharsuguda in Odisha.

In August 2019, Vedanta Ltd inaugurated its 1000^th NandGhar as a milestone in flagship CSR programme of ‘mining to metals’

The company wins Platinum and Gold at LACP Vision Awards.

Vedanta wins accolades at Frost & Sullivan Awards 2016. Vedanta wins accolades at the 55th ABCI awards.

Sesa Sterlite Limited renamed Vedanta Limited.

Merger of Sesa Goa and Sterlite Industries undertaken in an all-share deal. The company’s name is changed to Sesa Sterlite Limited.

Sesa Goa Limited has completed the acquisition of Goa Energy Private Limited.

Sesa Goa Limited acquired the assets of Bellary Steel & Alloys Limited (BSAL).

Vedanta Resources plc, a diversified metals and mining group, acquires 51 per cent controlling stake in Sesa Goa Limited from Mitsui & Co. Limited.

Forbes Asia ranks Sesa Goa as one of Asia's 200 companies with sales more than US$ 1 billion in its "Best Under A Billion" study.

The company has acquired Narrain Mines, Karnataka.

Amalgamation of the 100 per cent subsidiary, Sesa Shipping Ltd. with Sesa Goa Ltd.

Vedanta Limited in association with Kembla Coal & Coke Pvt Limited, Australia set up Sesa Kembla Coke Co Pvt Ltd to produce coke.

The first phase of the beneficiation plant and with a capacity of 7.5 lakh tonnes per year, was commissioned.

Company was converted into a public limited company.

Mingoa Pvt Ltd was amalgamated with the company.

Incorporation of the company under the name as Sesa Goa Private Ltd.