Vedanta Ltd
NSE: VEDL BSE: 500295
₹226.50
-8.35 (3.56%)
Sun, 25 Oct 2026, 07:03 pm
Market Cap (in Cr)88374.77
PE Ratio4.53
Dividend15.04
Non-Energy Minerals
Aluminum
24.5KVedanta Ltd Company History
1954
- Baron Ludovic Toeplitz acquires Orosso Dongor Mining Concession and starts Scambi Economici S.A. Goa.
1955
- Sesa Goa Limitada acquired jointly by Gewerkeshaft Exploration e Bergbau and Ferromin S.p.A. with equal shareholding.
1957
- Mingoa Sociedade Mineral Goesa S.a.r.l. incorporated with Fiat of Torino as principal shareholder.
1963
- Finsider acquires West German interest in Sesa Goa Limitada and all shares of Mingoa.
1965
- Incorporated as Sesa Goa Pvt. Ltd. under Companies Act 1956 on 25 June; wholly owned by Istituto per la Ricostruzione Industriale.
1978
- 14,000 bonus shares issued 2:3.
1979
- Mingoa Pvt. Ltd. amalgamated with company; 38,500 equity shares allotted to Finsider.
1981
- Company converted to public limited on 25 March.
- Finsider offers 22,05,000 equity shares for sale at Rs 2.50 premium: reserved for institutions, associates/employees, and public.
1984
- Beneficiation plant with 15 lakh tonnes capacity set up in two stages.
1986
- First phase of beneficiation plant (7.5 lakh tonnes capacity) commissioned in January.
- Company enters information systems and services with STET.
- 14,70,000 bonus shares issued 2:5.
1987
- Shipbuilding division faces labour setback delaying vessels.
- Shipbuilding proposes phased investment for upgrade and capacity increase.
- Initial registration obtained for 60,000 tonnes low phos pig iron at Navelim.
- Pollution clearance obtained for pig iron project; final technological evaluation done.
- Biotech pilot plant set up for tailing waste treatment.
- Developed indigenous stern gear and separator tank for iron ore fines recovery.
- Approval received for technology agreement for fishing trawler; collaboration with Fincantieri for shipyard upgrade.
1988
- Sesa Seat Information Systems Pvt. Ltd. incorporated as subsidiary in January.
1989
- Foundation stone laid for 1,50,000 tonnes per year low phosphorus pig iron plant at Amona.
1990
- Company issues 6,48,270 12.5% secured partly convertible debentures of Rs 110 each.
- Sesa Kembla Coke Co. Pvt. Ltd. set up with Kembla Coal & Coke, Australia (40% stake via subsidiary).
1991
- 12,96,540 equity shares allotted at Rs 20 premium in debenture conversion.
- 8,64,360 equity shares allotted to Finalder International at Rs 20 premium to maintain equity stake.
1992
- Pig iron plant commissioned.
- Sesa Industries Ltd. set up for expansion in steel areas.
- Sesa Industries sets up second pig iron plant of 90,000 TPA; plans preferential issue to Sesa Goa shareholders 1:2.
1993
- Shipbuilding division delivers two 2500-tonne barges and ten small steel boats.
- 73,05,900 bonus shares allotted 1:1.
- 32,80,220 equity shares allotted to Finalder International at Rs 50 premium to maintain 51% stake.
- Sesa Seat Information Systems ceases to be subsidiary effective 29 March.
1994
- Second blast furnace commissioned in Sesa Industries pig iron plant.
1995
- 17,89,200 rights shares issued in 1:10 ratio at Rs 90 premium; 47,613 kept in abeyance.
1996
- Sesa Shipping Ltd. amalgamated with Sesa Goa Ltd.
- Company owns 21 perpetual mining concessions under Portuguese Law.
- Company acquires shares making Sesa Kembla Coke 100% subsidiary.
- 44,898 abeyance shares from rights issue issued.
1997
- Company installs plant for pellet feed recovery from tailings at Codli Mines.
- 2,525 abeyance shares issued.
- Company manufactures 1.8 lakh tonnes pig iron through subsidiary and produces coke via joint venture.
- Company becomes subsidiary of Mitsui with two Mitsui directors on board.
- Company plans to acquire Kembla Goa Holdings' stake in Sesa Kembla Coke Company.
- Company to supply hot metal to Teksid plant.
1998
- Sesa Goa becomes part of Mitsui after Mitsui takes over Finsider International.
1999
- Company acquires Narrain Mines, Karnataka.
- Sesa Goa enters technical collaboration with Vaagen Verft, Norway, for fishing trawlers.
2000
- Company closes Engineering Unit at Sirsaim and workshop at Sanquelim effective 19 September.
- Company introduces Voluntary Retirement Scheme.
2002
- Mr. K R V Subramanian appointed Additional Director effective 22 May.
2003
- Mr. Leonard Anthony Dean appointed Managing Director effective 1 April.
- Receives iron ore supply order from Pakistan Steel Mills for 5 years.
2004
- Sesa Group completes 50 years of operations.
- Sesa Goa's Shipbuilding Division builds 62nd vessel, 2200T barge.
- Sesa Industries and Sesa Kembla sign agreement for 30MW power plant with Goa Energy.
- Iron ore sales cross 8.5 million MT.
- First sale of Sesa Kembla technology.
- Compact charging system for coke plant commissioned.
- Sesa Kembla Coke Company merged with Sesa Goa effective 1 April.
- Iron ore sales cross 9.8 million tonnes.
2005
- Sesa Goa issues 1:1 bonus shares.
- Sesa Group declares 200% final dividend plus 50% interim.
- Forbes Asia ranks Sesa Goa in Best Under A Billion.
2006
- Dun & Bradstreet ranks Sesa Goa 4th best in Indian Mining Sector.
- Sesa Industries ranked 8th best transitioning medium enterprise.
- Iron ore sales rise to 10.87 million tonnes in 2006-07.
- Sesa Group records highest profit and declares 400% dividend.
- Vedanta Resources acquires 51% stake from Mitsui & Co.
2008
- Iron ore sales rise to 12.39 million tonnes in 2007-08.
- Company issues 1:1 bonus shares.
- Company splits face value from Rs 10 to Rs 1.
2009
- Sesa Goa acquires VS Dempo & Co. Private Limited, Dempo Mining Corporation Pvt. Ltd., and 50% of Goa Maritime Private Limited.
2010
- Sesa Goa plans acquisition of strategic stake in Cairn India.
2011
- Sesa Goa acquires assets of Bellary Steel & Alloys Limited for Rs 220 crore.
- Sesa Goa receives SEBI approval for open offer in Cairn India and proceeds.
- Sesa Goa acquires 24,307,241 equity shares and subsidiary acquires 4,500,000 shares of Cairn India.
2012
- Sesa Goa completes acquisition of Goa Energy Private Limited.
- Anil Agarwal honored with Economic Times Business Leader of the Year 2012 Award.
- Sesa Goa acquires remaining 49% of Western Cluster Limited.
2013
- Merger of Sesa Goa and Sterlite Industries becomes effective.
- Sesa Goa Limited renamed Sesa Sterlite Limited.
2014
- Sesa Sterlite produces cooking gas from kitchen waste in Lanjigarh.
- Sesa Sterlite receives Community Development Award at Asian CSR Leadership Awards.
- Sesa Sterlite Jharsuguda bags two National Awards at 15th National Award for Excellence in Energy Management.
- Sesa Sterlite announces Gamsberg-Skorpion Integrated Zinc Project.
2015
- Sesa Sterlite arm gets approval for power plant.
- Sesa Sterlite restarts mining in Karnataka.
- Sesa Sterlite approves amalgamation of Goa Energy Limited.
- Sesa Sterlite completes merger of Sterlite Infra.
- Sesa Sterlite Limited renamed Vedanta Limited.
- Vedanta unveils new logo.
- Vedanta acquires 4.98% stake in Cairn India.
- Vedanta approves merger of Cairn India into Vedanta.
2016
- Vedanta successful bidder for gold mine.
- Vedanta shareholders approve merger of Cairn India Limited.
- Vedanta wins accolades at Frost & Sullivan Awards.
- Vedanta introduces new parental leave policy.
- Vedanta leads India Disclosure Index.
- Vedanta launches global internship program.
- Vedanta receives Letter of Award for re-development of Mormugao Port.
- Vedanta wins accolades at 55th ABCI awards.
2017
- Vedanta wins Platinum and Gold at LACP Vision Awards.
2018
- Vedanta incorporates new arm Vedanta Star.
- Vedanta wins 10-year extension for Rajasthan oil block.
- Vedanta wins bid to acquire Electrosteel Steels.
- Vedanta holds 90% stake in Electrosteel Steels.
2019
- Vedanta Zinc International opens first phase of Gamsberg mine in South Africa.
- Vedanta makes oil discovery in KG block in Bay of Bengal.
- Vedanta inaugurates Nand Ghar at Jaipur, reaching over 17,000 children and 15,000 women.
- Vedanta spends Rs 10,000 crore on capex in FY19.
- Vedanta Foundation distributes laptops to 3,000 students in Rajasthan.
2020
- Sesa Goa Iron Ore Karnataka Unit wins 46 awards at Mines Safety Association Karnataka Zone-3.
- Vedanta Aluminium wins at 21st CII National Award for Excellence in Energy Management.
2021
- Vedanta supports Goa with 100-bed infrastructure and ventilators.
- Vedanta promoters buy 3.7% stake at Rs 349.70 per share.
2022
- Vedanta wins Golden Peacock Global Award for Excellence in Corporate Governance.
- Vedanta ranks among top 10 in S&P Global Corporate Sustainability Assessment.
- Vedanta collaborates with IIT Madras start-up for AI-based safety technologies.
- Vedanta partners with TERI to accelerate ESG goals.
2023
- Vedanta to acquire Meenakshi Energy for Rs 1,440 crore.
- Vedanta bags SAFA Award for Best Presented Annual Report.
- Vedanta invites Japanese companies to partner in India's electronic manufacturing revolution.
- Vedanta's HZL signs MoU for Anil Agarwal International Cricket Stadium.
2024
- Cairn Oil & Gas submits first Field Development Plan in OALP to commence gas production from Jaya in Gujarat.
