25 Oct, 2020, 10.41 AM IST Moody's downgrades Vedanta's corporate family rating to B1 View Weizhong’s full profile. Agarwal, however, took the company private on October, 2019. 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. He controls Vedanta Resources through Volcan Investments, a holding vehicle with a 100% stake in the business. Join to Connect Volcan Holdings Limited. 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. 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 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. Teamwork divides the task and multiplies success. Entity. Headquarters Address. In 1986, he set up a factory to manufacture jelly-filled cables, creating Sterlite Industries. Section 144 was imposed to control the situation.[3][26]. [9], In the mid-1970s, he began trading in scrap metal, collecting it from cable companies in other states and selling it in Mumbai. The company has been in business for 2 years and 2 months. INTERESTS HELD BY DIRECTORS OF VEDANTA RESOURCES PLC Please refer to the opening position disclosure released by Volcan Investments Ltd in respect of The holding company of Vedanta Resources, Volcan Investments, too, is leveraged. [10] In 1976, Anil Agarwal acquired Shamsher Sterling Corporation, a manufacturer of enameled copper, among other products, with a bank loan. Legal Address. Search in ; Got a tip? Vedanta Resources Limited (VRL), owned by promoter Anil Agarwal holds 51% stake in Vedanta limited and 35% stake in Hindustan Zinc. Although this debt does not show on the books of Volcan, it must pay a 4 per cent coupon. 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 LTD… Volcan Investments : Volcan Investments Ltd - Intention Statement. 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. The company started as a cable manufacturer and went on to be listed in the London Stock Exchange in 2003. Connections What do these terms mean? Volcan performs the marketing of all products and concentrate. Both the companies were considered sleepy and inefficient mining firms.[14]. [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. 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. MUMBAI, India, Feb. 4, 2019 /PRNewswire/ -- Volcan Investments Limited (Volcan) and Vedanta Resources Limited, the parent companies of Vedanta Limited, … “The offer is being extended and will remain open for acceptances until further notice,” Volcan said on September 3. [1][2] He controls Vedanta Resources through Volcan Investments, a holding vehicle with a 100% stake in the business. Connected to 1 address; Connected to 1 entity; Data from: Paradise Papers - Appleby; Appleby data is current through 2014; Search in ; Got a tip? 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 main products are Zinc, Lead, Silver, Oil & Gas, Iron Ore, Steel, Aluminium and Power. [28] The initiatives were undertaken in partnership with the government and non-governmental organizations (NGOs). 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