Sesa Goa to replace Sterlite Industries in BSE Sensex from Aug 27

Posted By: Religare
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Sesa Goa will replace Sterlite Industries in the 30-share benchmark S&P BSE Sensex in the wake of the scheme of amalgamation between the two Vedanta group firms whereby Sterlite Industries has been merged with Sesa Goa, reported PTI.

According to the Exchange, in the S&P BSE 500 index, Indiabulls Housing Finance Ltd would replace Sterlite Industries.

Both replacements would be effective from August 27.

In a circular, BSE said, "Sesa Goa shall be added to all proposed indices with current outstanding shares; new shares issued to the shareholders of Sterlite Industries (India) Ltd be added to Sesa Goa Ltd once new shares are available for trading."

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