SESA GOA & STERLITE TO BE SESA STERLITE POST MERGER
>3 Sesa Goa shares will be issued for every 5 Sterlite shares
>Vedanta will own 58.3% in Sesa Sterlite post merger
>Sesa Sterlite to be principal operating company in group
>Vedanta to transfer 38.8% Cairn India stake to Sesa Sterlite
>Sesa Stertlite to be listed on India, NYSE
>Vedanta to retain 79.4% stake in Konkola Copper Mines
>Merger to generate cost savings of Rs 1000 cr per year
>Vedanta Aluminium (VAL) and The Madras Aluminium Company (MALCO) will be 100% consolidated into Sesa Sterlite
>Sesa Goa will issue 7.23 cr shares to Vedanta for 70.5% Vedanta Aluminium (VAL) stake; Sesa values VAL at Rs 2332 cr
>Sesa Goa will issue 7.87 cr shares to MALCO investors; Sesa Goa values MALCO at Rs 1,790 cr