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Sesa Goa:Acquisition of Shares of Cairn India Limited

  • Sesa Goa - Acquisition of shares of Cairn India Limited ("CIL")
  • Sesa Goa Ltd has informed BSE that on December 07, 2011, Sesa Goa Limited acquired 243,07,241 equity shares and its Subsidiary Sesa Resources Limited acquired 45,00,000 equity shares of Cairn India Limited ("CIL") aggregating o approximately 1.5% of the total paid up share capital of CIL from Cairn UK Holdings Limited at an average price of Rs. 325 per share through a block deal on the Bombay Stock Exchange.With this acquisition Sesa Goa Limited along with its subsidiary, Sesa Resources Limited hold 20% of the share capital of Cairn India Limited.

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