Sesa Sterlite Limited, formerly Sesa Goa Limited, is a diversified global metals and mining company. The Company is engaged exploration, mining and processing of iron-ore. The Company operates in three business segments: iron ore, metallurgical coke and pig iron. The Company is also engaged in producing pig iron and metallurgical coke. Effective August 12, 2013, Sesa Goa Limited , a 55.1%-owned unit of Vedanta Resources Plc acquired 70.5% interest in Vedanta Aluminium Limited (VAL) and raised its interest to 59% from 20.17% by acquiring a 38.83% interest in Cairn India Ltd. On August 17, 2013, the Company and Sterlite Industries (India) Ltd (Sterlite) announced that merger of Sterlite and The Madras Aluminium Company Limited (MALCO) with the Company and transfer of MALCO power plant to Vedanta Aluminium Limited (VAL). In August 2013, it announced that the merger of Sterlite Energy Limited with the Company and the demerger of the Aluminium Business Undertaking of VAL into the Company.