Sesa

Sesa, which is also a part of Vedanta Resources, said its sales during the quarter fell sharply to Rs 534.1 crore, from Rs 869.2 crore last year.

The Economic Times 2009

A newspaper advertisement showed Wednesday Sesa Goa will launch an open offer on April 11 to buy shares in Cairn India from minority shareholders.

India Refers Cairn Vedanta Deal to Panel Rakesh Sharma of Dow Jones Newswires 2011

Sesa Goa's parent, Vedanta Resources, proposes to buy up to 60% in Cairn India from Cairn Energy PLC, which includes the 20% stake Sesa Goa hopes to acquire through its open offer.

Sesa Goa Moves Closer to Cairn India Open Offer Prasenjit Bhattacharya 2011

But the person also said Sesa Goa will wait for the federal Cabinet's decision on allowing its proposed majority stake acquisition in Cairn India before going ahead with the open offer.

Sesa Goa Moves Closer to Cairn India Open Offer Prasenjit Bhattacharya 2011

"Under the present situation, having acquired 18.5%" through Vedanta's Sesa Goa Ltd. unit, and taking into account a minimum requirement to purchase a 40% stake in Cairn India from its parent Cairn Energy PLC, "that will bring the total to 58.5%," said M.S. Mehta said in a conference call with journalists.

Vedanta Eyeing Purchase of 58.5% in Cairn India Alex MacDonald of Dow Jones Newswires 2011

Sesa Goa stock was also aided by reports Tuesday that India's Supreme Court has ordered the government of Karnataka to lift its ban on exports of iron ore from the southern state with effect April 20 as an interim measure.

IT, Banks Drag India Shares Raghavendra Upadhyaya 2011

Vedanta proposed to acquire up to 51% of Cairn India from its U.K. parent Cairn Energy PLC for 405 rupees $9.10 a share, subject to the success of Sesa Goa's offer to buy up to 20% of Cairn India from minority shareholders at 355 rupees a share.

Petronas Sells Cairn India Stake for $2.1 Billion Ankur Relia 2011

Sesa Goa ended up 3.7% at 325.85 rupees after news that it will launch an open offer on April 11 to buy shares in Cairn India from minority shareholders.

IT, Banks Drag India Shares Raghavendra Upadhyaya 2011

Vedanta Resources said it will buy at least 40%, or as much as 51%, of Cairn India from Cairn Energy, while its unit, Sesa Goa Ltd., was to make an open offer at 355 rupees $8 a share to Cairn India shareholders to buy up to 20% in the Indian explorer.

India Refers Cairn Vedanta Deal to Panel Rakesh Sharma of Dow Jones Newswires 2011

Vedanta acquired an 8.1% stake through Sesa Goa's open offer to shareholders, which closed on April 30.

Vedanta Eyeing Purchase of 58.5% in Cairn India Alex MacDonald of Dow Jones Newswires 2011