With a portfolio of six blocks – five in India and one in South Africa, the company has made 50+ hydrocarbon discoveries in the last decade and operates the largest producing oil field, Mangala in Rajasthan state, in India’s private sector. Vedanta Resources Limited, headquartered in London, is a diversified resources company with interests mainly in India. The funds are being raised by Vedanta Resources Finance II Plc and guaranteed by Twin Star Holdings and Welter Trading, two subsidiaries of the mining and metals multinational. Vedanta has interests in five main businesses. Linkedin. While giving out the re-payment schedule, Vedanta said it wouldn’t invest further amount in Vedanta Resources via any of its subsidiaries. DLF Atria, Gulmohur Marg, DLF Phase 2, Sector 25, GurugramHaryana 122002, India. | We operate on the belief that our people are our core assets and we consistently endeavour towards developing their potential to be our future leaders and key employees. The company primarily produces aluminum, copper, zinc, lead, and iron ore. Copyright © 2021, THG PUBLISHING PVT LTD. Anil Agarwal family trust to invest £2 billion in Anglo American mining co, Vedanta wants Goa govt to increase iron ore output cap, Covid vaccine: Expert committee clears Serum Institute candidate, Stock markets on longest winning streak since 2010, Major port trusts can award dredging works to DCI on nomination basis, Fund query: How to plan your post-retirement financial portfolio, What you need to know about assured income plans, Why tax-free bonds are a good alternative to bank FDs, Ad Outlook: It’s a digital show in 2021, too, The art of being brilliant within parameters, Say cheese, says the organised dairy sector, இந்து தமிழ் திசை. Vedanta Resources Limited | 164.233 volgers op LinkedIn. Subscribe now to see this Premium News article from Alliance News Professional covers every UK stock in your portfolio. Vedanta and its subsidiaries operate copper, zinc, iron, lead, coal and aluminium mining and production in Asia, Africa, Australasia and Europe. Copper Business: Vedanta Resources Limited, headquartered in London, is a diversified resources company with interests mainly in India. Our Indian facilities include a custom smelter, a refinery, a phosphoric acid plant, a sulphuric acid plant and a copper rod plant. Zambian villagers take Vedanta Resources to court in UK - accuse company of turning water sources to "rivers of acid", by Nomsa Maseko, BBC, 7 September 2015 Snapshot In September 2015, a group of 1826 Zambian villagers filed a lawsuit against Vedanta Resources in UK court over water pollution caused by its subsidiary's copper mining operations. Vedanta Resources General Information Description. Through Vedanta Resources' various operating subsidiaries, the group produces oil and gas, zinc, lead, silver, aluminum, iron ore and power. Anil Agarwal-controlled Vedanta Resources will issue $400 million in notes to an entity under Oaktree Capital Group to meet the liquidity needs. Each business is operated by one of its subsidiary. Vedanta Resources' ability to refinance its near-term debt maturities, especially the USD 670 million bond maturing in June 2021, remains the key rating driver. Examples of the ways Vedanta was involved in the management of KCM included: A unit of Vedanta Resources will issue $400 million in notes to an entity under Oaktree Capital Group, as the mining conglomerate looks to meet liquidity needs. Vedanta Resources and subsidiary to face justice the UK over human rights harms in Zambia APRIL 10, 2019 Today, the ICJ and the CORE Coalition welcomed the decision of the United Kingdom Supreme Court to allow a complaint to proceed against Vedanta Resources Plc and its Zambian subsidiary Talwandi Sabo Power Limited (TSPL), one of India’s largest private power generators, has a power supply agreement with Punjab State Power Corporation Limited. See insights on Vedanta Resources including office locations, competitors, revenue, financials, executives, subsidiaries and more at Craft. Vedanta owns 70.5% of the share capital of Vedanta Aluminium and Sterlite owns the remaining 29.5% share capital of Vedanta Aluminium. Vedanta Resources plc operates as a diversified metals and mining company in India, Zambia, and Australia. Agarwal-controlled Vedanta Resources is the parent firm of Mumbai-listed Vedanta, which houses mining and oil & gas operations of the group. The funds are being raised by Vedanta Resources Finance II Plc and guaranteed by Twin Star Holdings and Welter Trading, two subsidiaries of the mining and metals multinational. The shareholders of London-based Vedanta Resources plc – the holding company for mining major Vedanta Ltd and oil explorer Cairn India Ltd – … Konkola Copper Mines (KCM) is a subsidiary of Vedanta that operates a mine in Zambia. Vedanta Resources Limited, headquartered in London, is a diversified resources company with interests mainly in India. Vedanta Resources has proposed to buy out public shareholders in Vedanta Ltd. “The proposed privatization is subject to several approvals, including by the Vedanta Ltd board of … The shareholders of London-based Vedanta Resources plc – the holding company for mining major Vedanta Ltd and oil explorer Cairn India Ltd – … . Vedanta Resources owns 50.1 per cent of Vedanta Ltd. First Published on May 14, 2020 04:58 pm. The company primarily produces aluminum, copper, zinc, lead, and iron ore. A farewell note, A food blogger looks back at a pandemic year and how her kitchen turned into a gateway to faraway lands, The best classroom is the outside world — readily available and for free, The former five-time world champion on mentoring the young, women in chess and watching The Queen’s Gambit, Agencies are optimistic that ad volumes and spend will rebound, When tech meets fashion, it can knock your socks off, 2020 ambushed and battered agencies — but advertising kept audiences engaged. is the parent company with many subsidiaries operating in different sectors in different names. The company, controlled by London-based billionaire Anil Agarwal, plans a tender offer to buy back some existing bonds that are maturing next year. Vedanta Resources Limited, headquartered in London, is a diversified resources company with interests mainly in India. 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