Vedanta Oil and Gas Ltd. Company History and Annual Growth Details

Our Company was originally incorporated in Maharashtra on January 18, 2001, by the name “Sterlite Transmission Limited” with the Registrar of Companies, Maharashtra in accordance with the Companies Act, 1956 as a public limited company. Our Company’s name was changed to “Vedanta Alumina Limited” on January 20, 2004, and then to “Vedanta Aluminium Limited” on August 25, 2007. Our Company’s name was further changed to “MALCO Energy Limited” on October 24, 2013 pursuant to a special resolution passed by the shareholders and with the approval of the Central Government under Section 21 of the Companies Act, 1956, and a fresh certificate of incorporation consequent upon change of name dated October 24, 2013 was issued by the Registrar of Companies, Tamil Nadu, Chennai, Andaman and Nicobar Islands. Pursuant to Clauses 25.1 and 25.2 of the Scheme, the name of Malco Energy Limited is in the process of being changed to “Vedanta Oil and Gas Limited” or such other name as may be approved by the ROC.

2001

- Incorporation of Company under the name “Sterlite Transmission Limited”

2003

- Expansion of the business objects of our Company

2004

- Name changed to Vedanta Alumina Limited

2007

- Name changed to Vedanta Aluminium Limited

2008

- Registered office changed from State of Maharashtra to Tamil Nadu

2013

- Scheme of arrangement, amalgamation and slump sale between Sterlite Industries (India) Limited (SIIL), Malco Aluminium Company Limited, Sterlite Energy Limited, Vedanta Aluminium Limited and Sesa Goa Limited approved by the Bombay High Court in April 2013.

- Name changed to MALCO Energy Limited

2022

- Acquisition of Gujarat NRE Coke Limited and Nicomet Industries Limited.

2024

- Change in Registered Office of our Company from State of Tamil Nadu to Maharashtra

2025

- Scheme approved by NCLT for vesting of Demerged Undertaking into our Company

2026

- Transfer of Power Business to Vedanta Limited

- Transfer of GNRE Business to Vedanta Iron & Steel Limited

- Transfer of Nicomet Business to Vedanta Limited

- Transfer of shareholding in Fujairah Gold to Vedanta Limited

- Transfer and vesting of Oil & Gas Business (Demerged Undertaking) from VEDL to our Company pursuant to the Scheme.

- Increase in authorized capital of our Company pursuant to the Scheme.

- Entry into Oil and Gas Business pursuant to the Scheme.

- Reconstitution of the corporate governance framework of our Company pursuant to the Scheme.