Business Today

MOVER AND SHAKER

How Anil Agarwal expanded the footprint of his company over the years

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1979

Anil Agarwal acquires Shamsher Sterling Corporatio­n through a family firm

1988

Sterlite Industries (India) Ltd. makes an initial public offering of its shares and convertibl­e debentures on Bombay Stock Exchange

1995

Sterlite Industries Ltd. acquires The Madras Aluminum Company Limited, which had India’s first Aluminum Smelter.

1997

Sterlite Industries commission­s first privately developed copper smelter in India at Thoothukud­i in Tamil Nadu

2001

Sterlite Industries acquires a 51% interest in BALCO, a profit making primary Aluminium producer, from the Government of India

2002

Sterlite Industries acquired 65% stake in Hindustan Zinc Ltd. from the Government of India and through an open market offer

2003

Vedanta Resources becomes the first Indian Company to be listed on London Stock Exchange

2004

Vedanta Resources announces $500 million global bond offering. Also acquires 51% stake in Konkola Copper Mines in Zambia

2007

Vedanta acquires a 51% controllin­g stake in Sesa Goa Limited, India's largest producerex­porter of iron ore

2010

Vedanta acquires portfolio of Zinc assets in South Africa, Namibia & Ireland from Anglo American Plc.

2011

Vedanta acquires 58.5% controllin­g stake in Cairn India, the country's largest private sector Oil & Gas companies

2013

Sterlite Industries and Sesa Goa merger took place in August 2013 and the consolidat­ed group is now called Sesa Sterlite Ltd.

2017(April)

Merger of Cairn India Limited and Vedanta is completed in April 2017

2017(September)

Anil Agarwal discloses plans to purchase £1.5 billion ($2 billion) worth of Anglo American Plc shares, increasing his stake in the British miner

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