Sesa Sterlite limited has announced that it has changed the name of the company from its present name, ‘Sesa Sterlite limited’ to ‘Vedanta limited’. The Shareholders of the company approved the name change through postal ballot, results of which was announced on March 30. The name change to Vedanta limited is now effective post issue of ‘Fresh Certificate of Incorporation’ issued by the Registrar of Companies, Ministry of Corporate Affairs (MCA).
“The name change from Sesa Sterlite to Vedanta limited 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. Vedanta embodies commitment to deliver world class excellence with low cost operations and superior shareholder returns,” said Vedanta Group CEO Tom Albanese. Notably, the Vedanta limited is engaged in the exploration and production of aluminium, zinc, lead, silver, copper, iron ore, oil and gas and commercial power.