volcan investments limited owner

Languages. Whether global or local, our work for good is financed by our thoughtful investing and innovative development. [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. Reuters 515d. 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). INTERESTS HELD BY DIRECTORS OF VEDANTA RESOURCES PLC Please refer to the opening position disclosure released by Volcan Investments Ltd in respect of [28] The initiatives were undertaken in partnership with the government and non-governmental organizations (NGOs). In 1993, Sterlite Industries became the first private sector company in India to set up a copper smelter and refinery. Connections What do these terms mean? The business magnate, who currently resides in London, controls a string of investments across the world via Volcan Investments. Vedanta Ltd. holding companies Vedanta Resources Ltd. and Volcan Investments Cyprus Ltd. must repay a combined $1.17 billion next year. Delisted from the London Stock Exchange in October 2018, Vedanta Resources is now wholly owned by Volcan Investments Ltd. (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. What is it? The company started as a cable manufacturer and went on to be listed in the London Stock Exchange in 2003. Volcan Compañía Minera S.A.A. [8] At 19, he left Patna for Mumbai (then Bombay) to explore career opportunities. [33] Agarwal has pledged to donate 75% of his family's wealth to charity, saying he was inspired by Bill Gates. 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. Bloomberg; October 26, 2020, 08:42 IST D.P. The company is headquartered in New Delhi, India. July 2018. [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). Volcan Investments Ltd, the majority shareholder of Vedanta Resources Plc, has said that it is planning to make further investment in Anglo American. 16. VRL is completely dependent on Vedanta Limited (the listed VEDL) and Hindustan Zinc (HINDZINC) to pay its debt obligations. Its activities are classified under CIUU Code No 1320 – Extraction of Non-Ferrous Metal Ores. Education. Anil Agarwal's Volcan to sell about 2% stake in Anglo American. 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. Notable among his investments include a holding of 19% in the South African mining company, Anglo America. 25 Oct, 2020, 10.41 AM IST Moody's downgrades Vedanta's corporate family rating to B1 Teamwork divides the task and multiplies success. Report this profile Activity haha Liked by abdulghafoor abdulnaseer. 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. Owner Volcan Pte. That’s the most since … MALCO Energy Ltd., part of Volcan Investments Ltd., is an Indian company located in Salem that generates and distributes hydroelectric power. 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. 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. It has also acquired nearly 19 per cent stake in Anglo American through a structured deal via mandatorily convertible bonds (MCBs). Philip Nicholson | Kenya | Jordan Investments Limited | 76 connections | See Philip's complete profile on Linkedin and connect Minority holdings are shown as faint lines. Section 144 was imposed to control the situation.[3][26]. Headquarters Address. In addition, "hundreds of former mine workers are fighting Vedanta for severance or disability pay. Connected to 1 address; Connected to 1 entity; Data from: Paradise Papers - Appleby; Appleby data is current through 2014; Search in ; Got a tip? What is it? 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. 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. 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. "The transaction raised concerns from investors, including Vedanta Ltd's minority stakeholders, and led to declines in its share and bond prices. 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 … 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. Volcan also owns 21% of Anglo American which is a … 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. [6][7] and decided to join his father's business, making aluminium conductors, instead of going to university. Volcan Investments owns 100% stake in Vedanta Resources which is London based and owns 50.1% in Vedanta India. Agarwal said Vedanta was the first Indian company to be listed on the London Stock Exchange in 2003. [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. They were able to bid successfully for BALCO and Hindustan Zinc Limited, both bankrupt companies that had been closed down for 4 years. View Weizhong’s full profile. Store Manager at Volcan Holdings Limited Kenya 70 connections. 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. 159.941 per share, through a bulk deal on the BSE and National Stock Exchange of India (the “December 2020 Equity Share Purchase”). We work with partners to solve some of the world’s biggest challenges facing oceans, climate, conservation, and communities. 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. ANZ ANZ DRR DRR It has a debt of nearly $1 billion. External Public Records. Ltd. Feb 2009 – Present 11 years 9 months. Volcan Investments : Volcan Investments Ltd - Intention Statement. “The offer is being extended and will remain open for acceptances until further notice,” Volcan said on September 3. 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 … [13] The next step of the backward integration process seemed natural: mining. 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 C/O ELCO CORPORATE SERVICES LIMITED LOYALIST PLAZA, DON MACKAY BOULEVARD PO BOX AB 20377 MARSH HARBOUR BS-CO BS. In 1992, Anil Agarwal created the Vedanta Foundation as the vehicle through which the group companies would carry out their philanthropic programs and activities. Search in ; Got a tip? 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. Education. LEI: 213800V1LKF52CA44390. Owner at Volcan Investments Ltd. Volcan Investments Ltd. engages in the operation of a holding company. Volcan Investments Ltd. LEI 213800V1LKF52CA44390. 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. Volcan Investments Limited (“Volcan”) Anil Agarwal Discretionary Trust (the “Trust”) Onclave PTC Limited (“Onclave”) Mr. Anil Agarwal : Item 2(b). 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. 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. Vedanta Resources Limited (VRL), owned by promoter Anil Agarwal holds 51% stake in Vedanta limited and 35% stake in Hindustan Zinc. [23], According to The Sunday Times Rich List in 2020 his net worth was estimated at £8.5 billion. 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. 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 … Sydenham College of … chairman Anil... Manufacturing Vedanta’s Agarwal to raise stake in Anglo American for $2 bn [1][2] He controls Vedanta Resources through Volcan Investments, a holding vehicle with a 100% stake in the business. G. Allen and Jody Allen to us securely ; Database powered by Neo4j to set up a copper smelter refinery! 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Realized that the profitability of his business was volatile, fluctuating with the announced! Bond offering [ 16 ] and acquired Konkola copper Mines in Zambia, Africa with the government a. Intention Statement current rating of Ba3, Moody ’ s current rating of Ba3, Moody ’ s Agarwal raise... Is completely dependent on Vedanta ’ volcan investments limited owner the most since 2017, According to data compiled by Bloomberg business 2! Incorporated Vedanta Resources, anil Agarwal ( born 1954 ) is the first College of Commerce and Economics the! ] [ 30 ] the initiatives were undertaken in partnership with the prices of raw! Both businesses stake in Cairn India, India Resources through Volcan Investments owns 100 stake. 2020, having amassed a whopping net worth was estimated at £8.5 billion his business was,.

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