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Sesa Goa Limited - Dempo Group mining asset acquisition

- US$368.00 m

  • Entry date - Friday, 26 June 2009
  • Jurisdiction - India
  • Practice - M&A
  • India’s largest private iron ore exporter Sesa Goa Limited, and London listed Vedanta Resources acquires Dempo Group’s mining assets.


  • Firm - Luthra & Luthra
  • Client - Sesa Goa Limited
  • Lead Lawyers - Madhurima Mukherjee
  • Role - Counsel to Acquirer

Deal summary

India’s largest private iron ore exporter Sesa Goa Limited, and London listed Vedanta Resources acquires Dempo Group’s mining assets.


Acquisition involved 100% equity stake in V.S Dempo & Co. which  holds 100% equity shares of Dempo Mining Corporation, as well as 50% stake in Goa Maritime.


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