volcan investments limited owner

Help ICIJ investigate: contact us or leak to us securely; Database powered by Neo4j. Connected to 1 address; Connected to 1 entity; Data from: Paradise Papers - Appleby; Appleby data is current through 2014; Search in ; Got a tip? chairman Anil... Manufacturing Vedanta’s Agarwal to raise stake in Anglo American for $2 bn The business magnate, who currently resides in London, controls a string of investments across the world via Volcan Investments. The holding company of Vedanta Resources, Volcan Investments, too, is leveraged. Volcan Investments Limited ("Volcan Investments") COMPULSORY ACQUISITION OF OUTSTANDING VEDANTA SHARES . A … Bachelor of Commerce Degree. Owner at Volcan Investments Ltd. Volcan Investments Ltd. engages in the operation of a holding company. Delisted from the London Stock Exchange in October 2018, Vedanta Resources is now wholly owned by Volcan Investments Ltd. In 1993, Sterlite Industries became the first private sector company in India to set up a copper smelter and refinery. Whether global or local, our work for good is financed by our thoughtful investing and innovative development. Anil Kumar Agarwal is an Indian entrepreneur and businessperson who founded Vedanta Ltd., Vedanta Resources Ltd. and Vedanta Foundation and who has been at the head of 9 different companies. Vedanta Resources, headquartered in London, is a globally diversified natural resources conglomerate, with interests in zinc, lead, silver, copper, iron ore, aluminium, power generation, and oil and gas. Its activities are classified under CIUU Code No 1320 – Extraction of Non-Ferrous Metal Ores. Gorey Investments Limited 1,704,333 0.6% Notes (1) Based on 281,824,154 ordinary shares in issue, as disclosed pursuant to the Rule 2.9 disclosure in the 2.4 announcement dated 2 July 2018. In 2005, another committee of the Indian Supreme Court charged that Vedanta had forced over one hundred indigenous families from their homes in the Indian state of Odisha, where it sought to mine bauxite. Anil Agarwal is the chairman of Vedanta Resources Plc, a company he founded in 1976. Check Volcan Investments Limited. Address of Principal Business Office or, if none, Residence: The address of the principal business office of Vedanta, VRHL and Twin Star is Hill House, 1 Little New Street, London EC4A 3TR, United Kingdom. The company is headquartered in New Delhi, India. Meanwhile, in January 1993, D. P. Agarwal founded Twinstar Holdings Limited in Mauritius, which was mostly owned by Volcan investments. Its main products are Zinc, Lead, Silver, Oil & Gas, Iron Ore, Steel, Aluminium and Power. For a trust, the trustee(s), settlor and beneficiaries must be named. INTERESTS HELD BY DIRECTORS OF VEDANTA RESOURCES PLC Please refer to the opening position disclosure released by Volcan Investments Ltd in respect of For the next 10 years, he ran both businesses. Education. Volcan Investments Limited (“Volcan”) Anil Agarwal Discretionary Trust (the “Trust”) Conclave PTC Limited (“Conclave”) Mr. Anil Agarwal. [28] The initiatives were undertaken in partnership with the government and non-governmental organizations (NGOs). Volcan Investments, the majority owner of Vedanta with a 66.5% stake, has now made its £8.25/share ($10.65/share) bid unconditional after it received acceptances for its offer from shareholders representing more than 75% of outstanding stock. Volcan Investments Limited is a company registered in Bahamas. Item 3 of the Schedule 13D is hereby amended and supplemented as follows: On December 24, 2020, Mauritius II purchased 185,000,000 Equity Shares for aggregate cash consideration of Rs. In 2001, he acquired 51 percent in Bharat Aluminium Company (BALCO), a public sector undertaking; in the very next year, he acquired a majority stake (nearly 65 per cent) in state-run HZL(Hindustan Zinc Limited). Further to the announcement released by Volcan Investments yesterday, 27 September 2018, Volcan Investments announces that it has sent out notices in respect of the Compulsory Acquisition to all Vedanta Resources Shareholders who had not accepted the Offer. [31][32], In 2015, the Vedanta group in partnership with Ministry for Women and Child development inaugurated the first "Nand Ghar" or modern anganwadi, of the 4,000 planned to set up. Store Manager at Volcan Holdings Limited Kenya 70 connections. 1 Name of Listed Entity : VEDANTA LIMITED 2 Scrip Code/Name of Scrip/Class of Security : 500295,VEDL,EQUITY SHARES 3 Share Holding Pattern Filed under: Reg.31(1)(b) a. if under 31(1)(b) then indicate the report for quarter ending: June 30, 2020 b. if under 31(1)(c) then indicate date of allotment/extinguishment : NA According to new research, the Global Public M&A market saw 403 new deals announced in 2018 for a total IEV of USD 1.5 trillion - a 13% increase in volume and a 11.6% increase in value compared to the previous year. At the time of its listing, Vedanta Resources Plc, was the first Indian firm to be listed on London Stock Exchange, on 10 December 2003,[15] Vedanta Resources became the parent company of the group through a process of internal restructuring of group companies and their shareholding. VRL is completely dependent on Vedanta Limited (the listed VEDL) and Hindustan Zinc (HINDZINC) to pay its debt obligations. Founder chairman of Vedanta Resources, Anil Agarwal, and his family, are the key shareholders of Volcan. LEI: 213800V1LKF52CA44390. [6][7] and decided to join his father's business, making aluminium conductors, instead of going to university. Vedanta said an independent committee, formed to review and evaluate the proposal, has indicated to Volcan Investments that it supports the offer and intends to recommend a firm offer to the shareholders. 159.941 per share, through a bulk deal on the BSE and National Stock Exchange of India (the “December 2020 Equity Share Purchase”). Volcan Investments owns 100% stake in Vedanta Resources which is London based and owns 50.1% in Vedanta India. Volcan Investments Ltd. LEI 213800V1LKF52CA44390. Vedanta Resources Limited (VRL), owned by promoter Anil Agarwal holds 51% stake in Vedanta limited and 35% stake in Hindustan Zinc. Volcan Investments Ltd, the majority shareholder of Vedanta Resources Plc, has said that it is planning to make further investment in Anglo American. Connections What do these terms mean? Forbes listed Anil Agarwal on the rich list of 2020, having amassed a whopping net worth of £8.5 billion. Help ICIJ investigate: contact us or leak to us securely; Database powered by Neo4j. He is also on the board of Anil Agarwal Foundation and Onclave PTC Ltd. and Owner at Volcan Investments Ltd. Mr. Agarwal previously held the position of Non-Executive Chairman at Bharat Aluminium Co. Ltd., Chairman-Emeritus at Vedanta Ltd. and Non-Executive Chairman for Sterlite Industries (India) Ltd. Entity. “The offer is being extended and will remain open for acceptances until further notice,” Volcan said on September 3. Agarwal, however, took the company private on October, 2019. He controls Vedanta Resources through Volcan Investments, a holding vehicle with a 100% s Info-clipper.com brings you a complete range of reports and documents featuring legal and financial data, facts, analysis and official information from Bahamian Registry. [10] In 1976, Anil Agarwal acquired Shamsher Sterling Corporation, a manufacturer of enameled copper, among other products, with a bank loan. James Dyson tops the list", "Two days after police kill 13 anti-Sterlite protestors in Thoothukudi, sorrow and anger fill the air", "Stream of Foreign Wealth Flows to Elite New York Real Estate", "Mining baron Anil Agarwal's father dies at 87; associated with Vedanta Foundation for last three decades", "Sesa Sterlite wins Asian CSR Leadership Award", "How Andrew Carnegie set the stage for Bill Gates to give away his fortune, altering philanthropy forever", "Vedanta mining tycoon Anil Agarwal vows to give away fortune", "Nand Ghar project launched by Vedanta, women and child ministry", "ET Awards 2012: Anil Agarwal is the Business Leader of the Year", "Vedanta Chairman Anil Agarwal wins One Globe Forum award", "Vedanta stripped of safety awards in light of Indian site disaster", https://en.wikipedia.org/w/index.php?title=Anil_Agarwal_(industrialist)&oldid=998434473, Short description is different from Wikidata, Articles with unsourced statements from July 2019, Creative Commons Attribution-ShareAlike License, The Vedanta Foundation, Sterlite Industries, Mining Journal Lifetime Achievement Award - 2009, The Asian Awards Entrepreneur of the Year - 2016, The One Globe Forum (OGF) award for creating a strong social impact for the communities the group operates in, and for initiatives such as Nand Ghar - 2018, This page was last edited on 5 January 2021, at 10:36. In 2014, an audit was begun by Zambian officials due to suspicions that Vedanta has not been paying its proper fees to the government. VOLCAN INVESTMENTS LTD… [23], According to The Sunday Times Rich List in 2020 his net worth was estimated at £8.5 billion. There is no network data available with these settings. [4][5] He studied at Miller High School, Patna. 25 Oct, 2020, 10.41 AM IST Moody's downgrades Vedanta's corporate family rating to B1 1,796 crore (about $36 million). Company VOLCAN CONSULTING LTD is a Private Limited Company, registration number 11448911, established in United Kingdom on the 4. Anil Agarwal (born 1954) is the founder and Chairman of Vedanta Resources Limited. to-date, total investments decreased from USD 79.2 MM in 1H18 to USD 75.1 MM in 1H19. Anil Agarwal's Volcan to sell about 2% stake in Anglo American. [17] In 2007, Vedanta Resources acquired a controlling stake in Sesa Goa Limited, India's largest producer-exporter of iron ore,[18] and in 2010, the company acquired South African miner Anglo American's portfolio of zinc assets in Namibia, Ireland and South Africa. What is it? We work with partners to solve some of the world’s biggest challenges facing oceans, climate, conservation, and communities. Section 144 was imposed to control the situation.[3][26]. Although this debt does not show on the books of Volcan, it must pay a 4 per cent coupon. MUMBAI, India, Feb. 4, 2019 /PRNewswire/ -- Volcan Investments Limited (Volcan) and Vedanta Resources Limited, the parent companies of Vedanta Limited, … [9], In the mid-1970s, he began trading in scrap metal, collecting it from cable companies in other states and selling it in Mumbai. Sydenham College of … It is important to note that in May 10th 2019, 60% of the representative shares of Terminales Portuarios Chancay (TPCH), owner of the Chancay Port project, were sold to Cosco Shipping Ports Limited (CSPL). Vedanta Resources Limited is a global diversified metals and mining company with its headquarters in London, England.It is the largest mining and non-ferrous metals company in India and has mining operations in Australia and Zambia and oil and gas operations in three countries. Philip Nicholson | Kenya | Jordan Investments Limited | 76 connections | See Philip's complete profile on Linkedin and connect Through Vedanta Resources' various operating subsidiaries, the group produces oil and gas, zinc, lead, silver, aluminium, iron ore and power. Volcan Investments, the majority owner of Vedanta with a 66.5% stake, has now made its £8.25/share ($10.65/share) bid unconditional after it received acceptances for its offer from shareholders representing more than 75% of outstanding stock. Vulcan Capital is the multi-billion-dollar investment arm of Vulcan Inc., the company founded by Microsoft co-founder and philanthropist Paul G. Allen. Volcan Investments Ltd ("Volcan ") (b) Owner or controller of interests and short positions disclosed, if different from 1(a): The naming of nominee or vehicle companies is insufficient. Education. (hereinafter “the Company”) is a subsidiary of Glencore AG, which is a subsidiary of Glencore Plc., a company domiciled in Switzerland, hereinafter the Parent, owner of 63% of common class A voting shares and an economic interest of 23%, excluding treasury shares. Agarwal said Vedanta was the first Indian company to be listed on the London Stock Exchange in 2003. D.P. This also includes some of the debt taken to privatize Vedanta Resources in 2018 by Volcan Investments Ltd., in which Agarwal and his family are the key shareholders, it said. Connections What do these terms mean? So he decided to control his input costs by manufacturing the metals instead of buying them.[11]. Anil Agarwal was ranked second in Hurun India Philanthropy List 2014 for his personal donation of Rs. ", In March and April 2018, there were renewed mass-protests against the company's plans of setting up a second smelting complex and to demand a shutdown of its Thoothukudi (Tuticorin) smelting plants, on grounds of violating environmental regulations. [5], Vedanta was stripped of international safety awards after it was found it failed to declare its involvement one of the worst industrial accidents in India's history. Ltd. Feb 2009 – Present 11 years 9 months. Vedanta's actions in Odisha were rebuked by the British commerce agency, and the Church of England investment funds sold their shares in the company in protest. C/O ELCO CORPORATE SERVICES LIMITED LOYALIST PLAZA, DON MACKAY BOULEVARD PO BOX AB 20377 MARSH HARBOUR BS-CO BS . Its activities are classified under CIUU Code No 1320 – Extraction of Non-Ferrous Metal Ores. VOLCAN INVESTMENTS LIMITED. It is the largest mining and non-ferrous metals company in India and has mining operations in Australia and Zambia and oil and gas operations in three countries. 2. For a trust, the trustee(s), settlor and beneficiaries must be named. In October 2017, it was announced that Agrawal's Volcan Holdings Plc had taken a 19% stake in mining company Anglo American, making him biggest shareholder of the company. Vedanta Ltd. holding companies Vedanta Resources Ltd. and Volcan Investments Cyprus Ltd. must repay a combined $1.17 billion next year. He is also on the board of Anil Agarwal Foundation and Onclave PTC Ltd. and Owner at Volcan Investments Ltd. Mr. Agarwal previously held the position of Non-Executive Chairman at Bharat Aluminium Co. Ltd., Chairman-Emeritus at Vedanta Ltd. and Non-Executive Chairman for Sterlite Industries (India) Ltd. Current positions of Anil Kumar Agarwal : Name: Title: Since: Vedanta Limited … [39], Anil Agarwal at 2017 FICCI - IIFA Global Business Forum, Faculty of Management Studies – Institute of Rural Management, Jaipur (FMS-IRM), "The List of Great Entrepreneurs of India in 2015", "Vedanta investors look into human rights issues in India", "Anil Agarwal pledges 75% of his wealth to charity", "Don't be too smart, looking foolish is OK", "Anil Agarwal on Simplicity and Determination at Vedanta Resources", "Vedanta may offer 25% higher price for HZL, Balco stake", "Vedanta Resources formally lists on LSE", "Vedanta Resources Plc announces pricing for $1.7 bn bond", "Vedanta to buy UK firm's zinc assets for $1.3 bn", "Vedanta completes deal with Cairn India", "Sesa Goa, Sterlite merger becomes effective", "Billionaire Agarwal increases stake in Anglo American to 19%", "Rich List 2020: profiles 1-20. Officer. Vedanta Resources confirmed that the proposed investment is being made by Volcan alone, … ANZ ANZ DRR DRR Bachelor's Commerce. [12] In 1995, Sterlite Industries acquired Madras Aluminium, a 'sick' company that had been shut down for 4 years and held by the Board for Industrial and Financial Reconstruction (BIFR). The company is based on 10 MARGARET STREET, LONDON, ENGLAND, W1W 8RL. Vedanta Resources Limited, headquartered in London, is a diversified resources company with interests mainly in India. Volcan performs the marketing of all products and concentrate. Singapore Management University Bachelor of Business Management (BBM) Business, Management, Marketing, and Related Support Services. Volcan Investments Ltd, the family trust of Vedanta Resources Plc. [3], Agarwal was born and brought up in Patna, Bihar, India. Mr. Agarwal occupies the position of President for Jindal Aluminium Ltd. and Chairman of Sterlite Gold Ltd. HOUSING DEVELOPMENT FINANCE CORPORATION LIMITED, Vedanta says interested in buying government's stake in BPCL, SoftBank's Oyo lays off over 1,000 employees in India amid profit push, Zambia says no meeting planned with Vedanta over Konkola mine. Bloomberg; October 26, 2020, 08:42 IST He controls Vedanta Resources through Volcan Investments, a holding vehicle with a 100% stake in the business. Volcan Compañía Minera S.A.A. 16. [29][30] The activities funded by his philanthropy are focused on child welfare, women empowerment and education. Volcan Investments Ltd ("Volcan ") (b) Owner or controller of interests and short positions disclosed, if different from 1(a): The naming of nominee or vehicle companies is insufficient. This diagram shows all companies directly and indirectly connected to VOLCAN INVESTMENTS LIMITED via links of control or minority shareholdings. Vedanta Resources Limited is a global diversified metals and mining company with its headquarters in London, England. Anil Agarwal is the founder and Chairman of Vedanta Resources Limited. 29,589,090,282, or Rs. In January 2019, CIHL invested in a structured product of Volcan Investments Ltd, a shareholder of Vedanta Resources, although the investment was subsequently unwound profitably in August 2019. Singapore Management University . Anil Agarwal (born 1954) is the founder and Chairman of Vedanta Resources Limited. Connected to 4 officers; Connected to 1 intermediary; Incorporated: 25-NOV-1992; Registered in: Bahamas; Data from: Bahamas Leaks; The Bahamas Leaks data is current through early 2016. Among his inspirations, Agarwal counts Andrew Carnegie and David Rockefeller who built public works with their fortunes, and Bill Gates. Join to Connect Volcan Holdings Limited. "The transaction raised concerns from investors, including Vedanta Ltd's minority stakeholders, and led to declines in its share and bond prices. Volcan investments raised debt in 2018 to delist Vedanta Resources Limited from London Stock Exchange by buying back 33% stake. Dealreporter has released its full year 2018 Global RiskArb report. Search in ; Got a tip? Volcan Investments Limited (“Volcan”) Anil Agarwal Discretionary Trust (the “Trust”) Onclave PTC Limited (“Onclave”) ... (“MALCO”). VOLCAN INVESTMENTS CYPRUS LTD (Cyprus, 19 Jul 2018 - , Χριστοδούλου Χατζηπαύλου, 221, HELIOS COURT, Floor 3, 3036, Λεμεσός, Κύπρος) VOLCAN INVESTMENTS LIMITED (Bahamas) inactive VOLCAN SECURITIES & INVESTMENTS LIMITED (Belize) inactive VOLCAN SECURITIES & INVESTMENTS, LTD. (Bahamas) Sorted by company name Sort by relevance. His father Dwarka Prasad Agarwal had a small aluminium conductor business. Vedanta Ltd. holding companies Vedanta Resources Ltd. and Volcan Investments Cyprus Ltd. must repay a combined $1.17 billion next year. External Public Records. [27] In the financial year 2013–14, the Vedanta group companies and the Vedanta foundation invested US$49.0 million in building hospitals, schools and infrastructure, conserving the environment and funding community programs that improve health, education and livelihood of over 4.1 million people. It has a debt of nearly $1 billion. [33] Agarwal has pledged to donate 75% of his family's wealth to charity, saying he was inspired by Bill Gates. Minority holdings are shown as faint lines. In 2004 Vedanta Resources Plc announced a global bond offering[16] and acquired Konkola Copper Mines in Zambia, Africa. 190, Woodlands Industrial Park E5, #03-12, Woodlands Bizhub, Singapore 757516. In 1986, he set up a factory to manufacture jelly-filled cables, creating Sterlite Industries. Headquarters Address. In addition, "hundreds of former mine workers are fighting Vedanta for severance or disability pay. [20] The merger of Sesa Goa and Sterlite Industries was announced in 2012, as part of the Vedanta Group's consolidation.[21]. Teamwork divides the task and multiplies success. Legal Address. Sydenham College or Sydenham College of Commerce and Economics is the first college of commerce in Asia . Vulcan was founded in 1986 by Paul G. Allen and Jody Allen. A weak credit profile could put pressure on Vedanta’s current rating of Ba3, Moody’s said. VOLCAN INVESTMENTS, LLC: FLORIDA DOMESTIC LIMITED-LIABILITY COMPANY: WRITE REVIEW: Address: 11810 Ne 19th Dr Ste 7 N. Miami, FL 33181: Registered Agent: Lipson Stuart ESQ: Filing Date: October 26, 2015: File Number: L15000181547: Contact Us About The Company Profile For Volcan Investments, LLC MALCO Energy Ltd., part of Volcan Investments Ltd., is an Indian company located in Salem that generates and distributes hydroelectric power. C/O ELCO CORPORATE SERVICES LIMITED LOYALIST PLAZA, DON MACKAY BOULEVARD PO BOX AB 20377 MARSH HARBOUR BS-CO BS. volcan investments limited zzzzz9999z 0 0 0 0 0 0.00 0 0 0 0.00 0 0.00 0 0.00 0 0.00 0 Sub ‐ Total (A)(2) 4 1764165424 0 99292708 1863458132 50.13 1863458132 … Its main operations are held by Vedanta Ltd, a 50.1 per cent-owned subsidiary. Volcan Investments Ltd. To access international capital markets, Anil Agarwal and his team incorporated Vedanta Resources Plc in 2003 in London. Volcan Investments Limited (“Volcan”) Anil Agarwal Discretionary Trust (the “Trust”) Onclave PTC Limited (“Onclave”) Mr. Anil Agarwal : Item 2(b). [1][2] He controls Vedanta Resources through Volcan Investments, a holding vehicle with a 100% stake in the business. Volcan Investments … [8] At 19, he left Patna for Mumbai (then Bombay) to explore career opportunities. Volcan performs the marketing of all products and concentrate. Volcan Investments : Volcan Investments Ltd - Intention Statement. In 1992, Anil Agarwal created the Vedanta Foundation as the vehicle through which the group companies would carry out their philanthropic programs and activities. Volcan Investments Limited (“Volcan”) Anil Agarwal Discretionary Trust (the “Trust”) Onclave PTC Limited (“Onclave”) Mr. Anil Agarwal : Item 2(b). President, Global Zinc Business & Whole Time Director, Hindustan Zinc Limited [13] The next step of the backward integration process seemed natural: mining. On 22 May 2018 the protests took a deadlier turn as 13 people were killed and several others injured,[25] following a police shooting. Sterlite Industries (India) Limited (Name of Issuer) Equity shares, par value Rs. A local judge stated: "This was lack of corporate responsibility and criminal, and a tipping point for corporate recklessness". Dealreporter Reviews 2018 Global Public M&A 25-January-2019. In Zambia, Vedanta dumped hazardous waste into the Kafue River, from its copper mine there, according to a lawsuit filed by 2,000 residents, resulting in widespread human illness and the death of fish. Agarwal’s Volcan Investments Ltd. took his London-listed Vedanta Resources private in 2018 as the entrepreneur sought to simplify the corporate structure of his resources group. Indian miner Vedanta Resources has announced that its majority shareholder Volcan Investments Ltd intends to make an additional investment in UK-based mining giant Anglo American by buying £1.25 billion to £1.5 billion worth of shares in addition to the £2 billion investment made in March this year. ... Vedanta is the beneficial owner of 1,728,034,417 Equity Shares of the Company, consisting of: (i) Languages. Vedanta Ltd. holding companies Vedanta Resources Ltd. and Volcan Investments Cyprus Ltd. must repay a combined $1.17 billion next year. He was ranked 25th in the Hurun India Rich List with a personal fortune of 12,316cr. The company has been in business for 2 years and 2 months. Chinese. [19] The next year, Vedanta Resources acquired controlling stake in Cairn India, India's largest private sector oil-producing firm. Sydenham College of Commerce & Economics. Volcan Investments, the majority owner of Vedanta with a 66.5% stake, has now made its £8.25/share ($10.65/share) bid unconditional after it received acceptances for its offer from shareholders representing more than 75% of outstanding stock. Notable among his investments include a holding of 19% in the South African mining company, Anglo America. Both the companies were considered sleepy and inefficient mining firms.[14]. Reuters 515d. It has also acquired nearly 19 per cent stake in Anglo American through a structured deal via mandatorily convertible bonds (MCBs). Agarwal’s Volcan Investments Ltd, which currently holds 66.53 per cent of Vedanta, made a cash offer for 825 pence a share, a 14 per cent premium to company’s three … Indian owner of Vedanta Resources may buy up to 13% stake ... Volcan Investments Ltd., and secured by Anglo’s shares, the investor said in a statement on Wednesday. Its main products are Zinc, Lead, Silver, Oil & Gas, Iron Ore, Steel, Aluminium and Power. 1 per equity share (Title of Class of Securities) 859737207 (CUSIP Number) December 31, 2010 (Date of Event which Requires Filing of this Statement) Check the appropriate box to designate the … View Weizhong’s full profile. He is also on the board of Anil Agarwal Foundation and Onclave PTC Ltd. and Owner at Volcan Investments Ltd. Mr. Agarwal previously held the position of Non-Executive Chairman at Bharat Aluminium Co. Ltd., Chairman-Emeritus at Vedanta Ltd. and Non-Executive Chairman for Sterlite Industries (India) Ltd. New Delhi: Billionaire Anil Agarwal-controlled Vedanta Resources Ltd's proposal to take its India-listed subsidiary Vedanta Ltd private will give it access to cash surpluses in the oil and gas business unit, Moody's Investors Service said Tuesday. July 2018. What is it? [24], In 2004, a committee of the Indian Supreme Court charged that Vedanta had dumped thousands of tons of arsenic-bearing slag near its factory in the Indian state of Tamil Nadu, resulting in major poisoning of the environment and neighbouring population. The company started as a cable manufacturer and went on to be listed in the London Stock Exchange in 2003. That’s the most since 2017, according to data compiled by Bloomberg. Owner Volcan Pte. Volcan Investments Ltd ('Volcan'), announces today that it intends to make an investment in Anglo American plc shares of up to £2.0 billion. If the graph is too big to see on one page, you can click and drag to pan around, and use your mouse wheel to zoom. Reuters 514d. Volcan also owns 21% of Anglo American which is a … Twin Star is the owner of 80.0% of the outstanding shares of MALCO and is a controlling shareholder of MALCO. [22] The greatest share of its assets, however, is in India; Agarwal lives in London. Konkola Copper Mines Owner Anil Agarwal plans to delist his flagship firm Vedanta Resources Plc from the London Stock Exchange (LSE) after buying out 33.5 per cent of non-promoter shareholders for about $1 billion. That’s the most since … His first opportunity came when the government announced a disinvestment program. According to the committee's report: "An atmosphere of fear was created through the hired goons", and residents were "beaten up by the employees of M/s Vedanta". They were able to bid successfully for BALCO and Hindustan Zinc Limited, both bankrupt companies that had been closed down for 4 years. Address of Principal Business Office or, if none, Residence: The address of the principal business office of Vedanta and VRHL is 16 Berkeley Street, 5th Floor, London W1J 8DZ, United Kingdom. Deployment of funds from Vedanta Resources to parent Volcan Investments could weaken its credit profile, ratings agency Moody's said, adding that the Indian listed arm Vedanta will have to pay additional dividend to the parent company to service Volcan’s debt. He soon realized that the profitability of his business was volatile, fluctuating with the prices of his raw materials: copper and aluminium. The wholly family trust-owned Volcan Investments Ltd., which held about two-thirds of Vedanta Resources prior to announcing an around $1 billion buyout offer in … The company is now active. 1 Name of Listed Entity : VEDANTA LIMITED 2 Scrip Code/Name of Scrip/Class of Security : 500295,VEDL,EQUITY SHARES 3 Share Holding Pattern Filed under: Reg.31(1)(b) a. if under 31(1)(b) then indicate the report for quarter ending: September 30, 2020 b. if under 31(1)(c) then indicate date of allotment/extinguishment : NA Agarwal is at present a director of various group companies that include, Volcan Investments, Twin Star Investments Limited, Twin Star Infrastructure Limited, Twin Star Overseas Limited, Sterlite Industries (India) Limited, Sterlite Paper Limited, Sterlite Iron & Steel Company Limited and Nagreeka Exports Limited. Report this profile Activity haha Liked by abdulghafoor abdulnaseer. 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