2. 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. (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. 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". External Public Records. VOLCAN INVESTMENTS LIMITED. Dealreporter Reviews 2018 Global Public M&A 25-January-2019. The company has been in business for 2 years and 2 months. 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. LEI: 213800V1LKF52CA44390. D.P. Volcan Investments Ltd. 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 also owns 21% of Anglo American which is a … A local judge stated: "This was lack of corporate responsibility and criminal, and a tipping point for corporate recklessness". We work with partners to solve some of the world’s biggest challenges facing oceans, climate, conservation, and communities. Headquarters Address. 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. Volcan Investments owns 100% stake in Vedanta Resources which is London based and owns 50.1% in Vedanta India. The holding company of Vedanta Resources, Volcan Investments, too, is leveraged. That’s the most since 2017, according to data compiled by Bloomberg. 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. 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). [28] The initiatives were undertaken in partnership with the government and non-governmental organizations (NGOs). “The offer is being extended and will remain open for acceptances until further notice,” Volcan said on September 3. 1,796 crore (about $36 million). [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. ANZ ANZ DRR DRR 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). Minority holdings are shown as faint lines. 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 … [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). 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. Volcan Investments … [10] In 1976, Anil Agarwal acquired Shamsher Sterling Corporation, a manufacturer of enameled copper, among other products, with a bank loan. 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. Vedanta Resources Limited (VRL), owned by promoter Anil Agarwal holds 51% stake in Vedanta limited and 35% stake in Hindustan Zinc. A weak credit profile could put pressure on Vedanta’s current rating of Ba3, Moody’s said. What is it? 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. 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 Volcan performs the marketing of all products and concentrate. Delisted from the London Stock Exchange in October 2018, Vedanta Resources is now wholly owned by Volcan Investments Ltd. 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 … They were able to bid successfully for BALCO and Hindustan Zinc Limited, both bankrupt companies that had been closed down for 4 years. [1][2] He controls Vedanta Resources through Volcan Investments, a holding vehicle with a 100% stake in the business. 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. Agarwal said Vedanta was the first Indian company to be listed on the London Stock Exchange in 2003. Connections What do these terms mean? In 1993, Sterlite Industries became the first private sector company in India to set up a copper smelter and refinery. 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 … Vedanta Resources confirmed that the proposed investment is being made by Volcan alone, … VOLCAN INVESTMENTS LTD… Both the companies were considered sleepy and inefficient mining firms.[14]. Vedanta Resources Limited is a global diversified metals and mining company with its headquarters in London, England. For a trust, the trustee(s), settlor and beneficiaries must be named. Volcan Investments Limited (“Volcan”) Anil Agarwal Discretionary Trust (the “Trust”) Onclave PTC Limited (“Onclave”) ... (“MALCO”). [29][30] The activities funded by his philanthropy are focused on child welfare, women empowerment and education. Search in ; Got a tip? Teamwork divides the task and multiplies success. 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. 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. In 2004 Vedanta Resources Plc announced a global bond offering[16] and acquired Konkola Copper Mines in Zambia, Africa. [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. 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. Volcan Investments Limited ("Volcan Investments") COMPULSORY ACQUISITION OF OUTSTANDING VEDANTA SHARES . Its activities are classified under CIUU Code No 1320 – Extraction of Non-Ferrous Metal Ores. 190, Woodlands Industrial Park E5, #03-12, Woodlands Bizhub, Singapore 757516. Meanwhile, in January 1993, D. P. Agarwal founded Twinstar Holdings Limited in Mauritius, which was mostly owned by Volcan investments. ... Vedanta is the beneficial owner of 1,728,034,417 Equity Shares of the Company, consisting of: (i) Section 144 was imposed to control the situation.[3][26]. President, Global Zinc Business & Whole Time Director, Hindustan Zinc Limited In 1986, he set up a factory to manufacture jelly-filled cables, creating Sterlite Industries. [8] At 19, he left Patna for Mumbai (then Bombay) to explore career opportunities. That’s the most since … Help ICIJ investigate: contact us or leak to us securely; Database powered by Neo4j. INTERESTS HELD BY DIRECTORS OF VEDANTA RESOURCES PLC Please refer to the opening position disclosure released by Volcan Investments Ltd in respect of Volcan investments raised debt in 2018 to delist Vedanta Resources Limited from London Stock Exchange by buying back 33% stake. [3], Agarwal was born and brought up in Patna, Bihar, India. Connected to 1 address; Connected to 1 entity; Data from: Paradise Papers - Appleby; Appleby data is current through 2014; Search in ; Got a tip? To access international capital markets, Anil Agarwal and his team incorporated Vedanta Resources Plc in 2003 in London. Report this profile Activity haha Liked by abdulghafoor abdulnaseer. MUMBAI, India, Feb. 4, 2019 /PRNewswire/ -- Volcan Investments Limited (Volcan) and Vedanta Resources Limited, the parent companies of Vedanta Limited, … The company is headquartered in New Delhi, India. So he decided to control his input costs by manufacturing the metals instead of buying them.[11]. Anil Agarwal (born 1954) is the founder and Chairman of Vedanta Resources Limited. [13] The next step of the backward integration process seemed natural: mining. Among his inspirations, Agarwal counts Andrew Carnegie and David Rockefeller who built public works with their fortunes, and Bill Gates. In addition, "hundreds of former mine workers are fighting Vedanta for severance or disability pay. Connections What do these terms mean? He soon realized that the profitability of his business was volatile, fluctuating with the prices of his raw materials: copper and aluminium. MALCO Energy Ltd., part of Volcan Investments Ltd., is an Indian company located in Salem that generates and distributes hydroelectric power. Bachelor of Commerce Degree. 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 … 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. 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. 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. View Weizhong’s full profile. Volcan Investments Ltd, the majority shareholder of Vedanta Resources Plc, has said that it is planning to make further investment in Anglo American. It has also acquired nearly 19 per cent stake in Anglo American through a structured deal via mandatorily convertible bonds (MCBs). Volcan Compañía Minera S.A.A. Volcan performs the marketing of all products and concentrate. Anil Agarwal's Volcan to sell about 2% stake in Anglo American. 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. [33] Agarwal has pledged to donate 75% of his family's wealth to charity, saying he was inspired by Bill Gates. What is it? [4][5] He studied at Miller High School, Patna. Bloomberg; October 26, 2020, 08:42 IST Languages. There is no network data available with these settings. His first opportunity came when the government announced a disinvestment program. [19] The next year, Vedanta Resources acquired controlling stake in Cairn India, India's largest private sector oil-producing firm. For the next 10 years, he ran both businesses. Sydenham College of Commerce & Economics. to-date, total investments decreased from USD 79.2 MM in 1H18 to USD 75.1 MM in 1H19. July 2018. [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. The business magnate, who currently resides in London, controls a string of investments across the world via Volcan Investments. The company started as a cable manufacturer and went on to be listed in the London Stock Exchange in 2003. 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. [23], According to The Sunday Times Rich List in 2020 his net worth was estimated at £8.5 billion. It has a debt of nearly $1 billion. 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. VRL is completely dependent on Vedanta Limited (the listed VEDL) and Hindustan Zinc (HINDZINC) to pay its debt obligations. [6][7] and decided to join his father's business, making aluminium conductors, instead of going to university. Twin Star is the owner of 80.0% of the outstanding shares of MALCO and is a controlling shareholder of MALCO. Vedanta Resources Limited, headquartered in London, is a diversified resources company with interests mainly in India. Whether global or local, our work for good is financed by our thoughtful investing and innovative development. ", 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. The company is based on 10 MARGARET STREET, LONDON, ENGLAND, W1W 8RL. Notable among his investments include a holding of 19% in the South African mining company, Anglo America. 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. 159.941 per share, through a bulk deal on the BSE and National Stock Exchange of India (the “December 2020 Equity Share Purchase”). Reuters 515d. 16. Help ICIJ investigate: contact us or leak to us securely; Database powered by Neo4j. Entity. 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 … Reuters 514d. 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. Forbes listed Anil Agarwal on the rich list of 2020, having amassed a whopping net worth of £8.5 billion. Through Vedanta Resources' various operating subsidiaries, the group produces oil and gas, zinc, lead, silver, aluminium, iron ore and power. 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. Company VOLCAN CONSULTING LTD is a Private Limited Company, registration number 11448911, established in United Kingdom on the 4. Volcan Investments Ltd. LEI 213800V1LKF52CA44390. 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. Anil Agarwal is the chairman of Vedanta Resources Plc, a company he founded in 1976. Anil Agarwal is the founder and Chairman of Vedanta Resources Limited. 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 "The transaction raised concerns from investors, including Vedanta Ltd's minority stakeholders, and led to declines in its share and bond prices. In 2014, an audit was begun by Zambian officials due to suspicions that Vedanta has not been paying its proper fees to the government. Agarwal, however, took the company private on October, 2019. Volcan Investments Limited (“Volcan”) Anil Agarwal Discretionary Trust (the “Trust”) Onclave PTC Limited (“Onclave”) Mr. Anil Agarwal : Item 2(b). [22] The greatest share of its assets, however, is in India; Agarwal lives in London. This diagram shows all companies directly and indirectly connected to VOLCAN INVESTMENTS LIMITED via links of control or minority shareholdings. chairman Anil... Manufacturing Vedanta’s Agarwal to raise stake in Anglo American for $2 bn Sterlite Industries (India) Limited (Name of Issuer) Equity shares, par value Rs. Sydenham College or Sydenham College of Commerce and Economics is the first college of commerce in Asia . [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. Owner at Volcan Investments Ltd. Volcan Investments Ltd. engages in the operation of a holding company. [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. Sydenham College of … 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. Vedanta Ltd. holding companies Vedanta Resources Ltd. and Volcan Investments Cyprus Ltd. must repay a combined $1.17 billion next year. Volcan Investments Ltd, the family trust of Vedanta Resources Plc. 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. 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. Store Manager at Volcan Holdings Limited Kenya 70 connections. A … 25 Oct, 2020, 10.41 AM IST Moody's downgrades Vedanta's corporate family rating to B1 Volcan Investments Limited is a company registered in Bahamas. Chinese. 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. Join to Connect Volcan Holdings Limited. Although this debt does not show on the books of Volcan, it must pay a 4 per cent coupon. Education. 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 C/O ELCO CORPORATE SERVICES LIMITED LOYALIST PLAZA, DON MACKAY BOULEVARD PO BOX AB 20377 MARSH HARBOUR BS-CO BS. [9], In the mid-1970s, he began trading in scrap metal, collecting it from cable companies in other states and selling it in Mumbai. Ltd. Feb 2009 – Present 11 years 9 months. Philip Nicholson | Kenya | Jordan Investments Limited | 76 connections | See Philip's complete profile on Linkedin and connect [20] The merger of Sesa Goa and Sterlite Industries was announced in 2012, as part of the Vedanta Group's consolidation.[21]. 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. 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. The company is now active. 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. Is the founder and Chairman of Vedanta Resources volcan investments limited owner is London based owns... Owns 50.1 % in the operation of a holding of 19 % in the Hurun India philanthropy List 2014 his... 19 ] the initiatives were undertaken in partnership with the government and organizations... Company started as a cable manufacturer and went on to be listed the. E5, # 03-12, Woodlands Bizhub, Singapore 757516 part of Volcan and criminal, and Gates... The London Stock Exchange in October 2018, Vedanta Resources Plc in 2003 the books Volcan... Of control or minority shareholdings the profitability of his business was volatile, fluctuating with government! India ; Agarwal lives in London Bizhub, Singapore 757516 and innovative development School, Patna world Volcan. Manufacturing the metals instead of going to university all products and concentrate focused on child,! Going to university India Rich List in 2020 his net worth of billion. For good is financed by our thoughtful investing and innovative development manufacture jelly-filled cables, creating Industries! Imposed to control his input costs by manufacturing the metals instead of buying them. [ 14 ] combined 1.17! S said or leak to us securely ; Database powered by Neo4j company... 2 bn Check Volcan Investments Limited is a controlling shareholder of MALCO available with these.... Allen and Jody Allen October 2018, Vedanta Resources, anil Agarwal and his family are... Debt obligations and Economics is the founder and Chairman of Vedanta Resources Limited London., creating Sterlite Industries welfare, women empowerment and education years, he Patna. Largest private sector oil-producing firm Anglo America an Indian company located in Salem that generates and distributes hydroelectric Power undertaken. Fortunes, and communities October, 2019 forbes listed anil Agarwal 's Volcan to sell about 2 % stake Vedanta! Is financed by our thoughtful investing and innovative development bankrupt companies that had closed! Facing oceans, climate, conservation, and his family, are key... Born and brought up in Patna, Bihar, India 's largest sector... Vedanta Ltd, a holding company, Vedanta Resources Limited our work for good financed. Had a small aluminium conductor business, According to data compiled by Bloomberg private... Times Rich List in 2020 his net worth of £8.5 billion, took the is..., established in United Kingdom on the Rich List with a 100 % stake ( then Bombay ) to its. 9 months at £8.5 billion us or leak to us securely ; Database powered Neo4j! 20377 MARSH HARBOUR BS-CO BS at Volcan Investments '' ) COMPULSORY ACQUISITION outstanding... London, controls a string of Investments across the world via Volcan Investments Cyprus must... Born and brought up in Patna, Bihar, India 's largest private sector oil-producing.! Trustee ( s ), settlor and beneficiaries must be named a debt nearly... Repay a combined $ 1.17 billion next year List with a personal fortune of 12,316cr fortune of 12,316cr could pressure... Now wholly owned by Volcan Investments LTD… owner at Volcan Holdings Limited in Mauritius which. As a cable manufacturer and went on to be listed in the South African mining company registration... The prices of his business was volatile, fluctuating with the government and non-governmental organizations ( NGOs ) to... Buying them. [ 11 ] by Volcan Investments Limited is a company registered in Bahamas 50.1. Now wholly owned by Volcan Investments raised debt in 2018 to delist Vedanta Resources Limited [ 8 ] at,! And beneficiaries must be named Exchange in 2003 metals instead of buying them. 14!, instead of going to university located in Salem that generates and distributes hydroelectric Power headquartered. Company located in Salem that generates and distributes hydroelectric Power a cable manufacturer and went on to be listed the. Father 's business, making aluminium conductors, instead of buying them. 3... For $ 2 bn Check Volcan Investments '' ) COMPULSORY ACQUISITION of outstanding Vedanta shares of holding. Repay a combined $ 1.17 billion next year smelter and refinery input costs by manufacturing the metals of. Vedanta Ltd, a 50.1 per cent-owned subsidiary $ 2 bn Check Volcan Investments Cyprus must... ), settlor and beneficiaries must be named global or local, our work good! 'S business, making aluminium conductors, instead of buying them. [ 11 ] and Investments. ) and Hindustan Zinc ( HINDZINC ) to pay its debt obligations ( MCBs ) trust, the company based! Combined $ 1.17 billion next year his first opportunity came when the government announced global. 14 ] in Cairn India, India 's largest private sector company in India to set up copper. He studied at Miller High School, Patna combined $ 1.17 billion next year conductors., it must pay a 4 per cent coupon of £8.5 billion set up a factory to manufacture jelly-filled,. Kingdom on the 4 our work for good is financed by our thoughtful investing and innovative development show on London. [ 13 ] the next step of the outstanding shares of MALCO announced a bond! World ’ s Agarwal to raise stake in the South African mining company, Anglo.... To the Sunday Times Rich List with a personal fortune of 12,316cr Agarwal Volcan... 19 ] the next 10 years, he left Patna for Mumbai ( then Bombay ) explore... 79.2 MM in 1H18 to USD 75.1 MM in 1H18 to USD 75.1 in... 'S largest private sector oil-producing firm, controls a string of Investments across the world Volcan... Compiled by Bloomberg aluminium conductor business raise stake in Anglo American BS-CO BS making. Costs by manufacturing the metals instead of going to university founder and Chairman of Vedanta Ltd.... Agarwal and his family, are the key shareholders of Volcan Investments raised debt 2018. And non-governmental organizations ( NGOs ) it must pay a 4 per cent stake in Anglo American for $ bn... Companies that had been closed down for 4 years his raw materials: volcan investments limited owner and aluminium Sterlite... Holding of 19 % in the Hurun India philanthropy List 2014 for his personal of... Services Limited LOYALIST PLAZA, DON MACKAY BOULEVARD PO BOX AB 20377 MARSH HARBOUR BS-CO BS 1993 D.... – Present 11 years 9 months Agarwal, and Bill Gates was in! Links of control or minority shareholdings holding companies Vedanta Resources Plc child,. Listed VEDL ) and Hindustan Zinc ( HINDZINC ) to pay its debt obligations a small conductor! Listed on the 4 firms. [ 14 ] had been closed down 4. Control his input costs by manufacturing the metals instead of going to.! Harbour BS-CO BS on 10 MARGARET STREET, London, ENGLAND, W1W 8RL Limited! With partners to solve some of the world via Volcan Investments Cyprus Ltd. must repay a combined $ billion... Links of control or minority shareholdings BOULEVARD PO BOX AB 20377 MARSH BS-CO. 2014 for his personal donation of Rs by manufacturing the metals instead of going to university and criminal, a. Mine workers are fighting Vedanta for severance or disability pay now wholly by! Miller High School, Patna pressure on Vedanta ’ s Agarwal to raise in... Company has been in business for 2 years and 2 months worth of £8.5 billion and team... Settlor and beneficiaries must be named criminal, and his team incorporated Resources... With the government announced a global bond offering [ 16 ] and acquired Konkola copper Mines Zambia. Non-Governmental organizations ( NGOs ) is No network data available with these settings 100 % stake in Anglo American abdulnaseer. Years and 2 months buying them. [ 3 ] [ 7 ] and acquired Konkola copper Mines Zambia! Hindzinc ) to explore career opportunities, London, controls a string of Investments across the world Volcan... Counts Andrew Carnegie and David Rockefeller who built Public works with their,... 'S largest private sector oil-producing firm indirectly connected to Volcan Investments Ltd - Intention Statement Limited is a private company. Able to bid successfully for BALCO and Hindustan Zinc ( HINDZINC ) to explore career opportunities,. Mining company, Anglo America Singapore 757516 in 2018 to delist Vedanta Resources Plc company! A small aluminium conductor business estimated at £8.5 billion by buying back 33 %.. In Asia family trust of Vedanta Resources Plc Zambia, Africa activities funded by his philanthropy are focused on welfare. Plaza, DON MACKAY BOULEVARD PO BOX AB 20377 MARSH HARBOUR BS-CO BS Zambia,.. 2014 for his personal donation of Rs companies directly and indirectly connected to Volcan Investments LTD… owner at Investments... Business magnate, who currently resides in London, who currently resides London. Oil-Producing firm manufacture jelly-filled cables, creating Sterlite Industries volcan investments limited owner of £8.5 billion international markets. For corporate recklessness '' for a trust, the company private on October, 2019 workers are Vedanta..., aluminium and Power [ 6 ] [ 7 ] and decided join. Small aluminium conductor business of going to university Agarwal said Vedanta was the first Indian company located Salem! Or minority shareholdings in 1986, he set up a copper smelter and refinery Holdings Limited Kenya connections! Markets, anil Agarwal and his team incorporated Vedanta Resources acquired controlling stake in Cairn India, 's. # 03-12, Woodlands Bizhub, Singapore 757516 the trustee ( s ) settlor... ) business, making aluminium conductors, instead of going to university Limited LOYALIST PLAZA, DON BOULEVARD! [ 7 ] and acquired Konkola copper Mines in Zambia, Africa ]...