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Vedanta Resources Limited

Posted on October 3, 2020October 3, 2020

Vedanta Resources Limited is a global diversified metals and mining company with its headquarters in London, United Kingdom. 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. Its main products are Zinc, Lead, Silver, Oil & Gas, Iron Ore, Steel, Aluminium and Power. It has also developed commercial power stations in India in Odisha (2,400 MW) and Punjab (1,980 MW).

The company is primarily owned by the family of Anil Agarwal through Volcan Investments, a holding vehicle with a 61.7% stake in the business. Vedanta limited (formerly Sesa Goa / Sterlite) is one of the many Indian subsidiaries of Vedanta resources and operates iron ore mines in Goa.

Vedanta was listed on the London Stock Exchange and was a constituent of the FTSE 250 Index until Chairman, Anil Agarwal’s offer to take the company private went unconditional in September 2018.

Traded as:           LSE: VED; NYSE: VEDL;

Industry:              Metals and Mining

Founded:            22 April 2003 (17 years ago) as Angelchange Limited

Founder:             Anil Agarwal

Headquarters:   London, United Kingdom

Products:             Copper, Aluminum, Zinc, Lead, Gold, Iron ore, Pig iron, Metallurgical Coke and Oil and gas exploration, Power

Subsidiaries:       Vedanta Limited; Konkola Copper Mines

Website:              www.vedantaresources.com

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