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Vedanta limited owns, leases and operates in India through the following entities: Bharat Aluminium Company: In February 2001, Government of India in a major dis-investment deal, approved the sale of its 51% stake in BALCO to Sterlite Industries (now Vedanta Limited) for Rs.551.5 crores. [33] The government of India owns the remaining 49.0%.
Vedanta limited (formerly Sesa Goa / Sterlite) is one of the many Indian subsidiaries of Vedanta resources and operates iron ore mines in Goa. [8] 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.
Anil Agarwal (born 1954 [1]), known professionally as "metal king," is an Indian origin billionaire businessman who is the founder and chairman of Vedanta Resources Limited. [2] [3] He controls Vedanta Resources through Volcan Investments, a holding vehicle with a 100% stake in the business. [4] [5]
Hindustan Zinc Limited (HZL) is an Indian integrated mining and resources producer of zinc, lead, silver and cadmium.It is a subsidiary of Vedanta Limited. [4] Earlier it was a Central Public Sector Undertaking, sold by Government of India to Vedanta Limited when Atal Bihari Vajpayee and Bharatiya Janta Party Government was in power in the year 2003.
Bharat Aluminium Company Ltd. (BALCO) was an Indian government owned aluminium producer under Ministry of Mines, Government of India. In 2000, the Ministry of Mines , Government of India sold it to Vedanta Resources when Atal Bihari Vajpayee - Bharatiya Janta Party - National Democratic Alliance -led- government was in power.
Vedanta Resources is a holding company that owns many entities including a large proportion of Vedanta Limited and Sterlite industries. [20] Vedanta Sterlite Copper Public Relations: Vedanta Sterlite Copper, a major entity in the mining and metallurgy sector, collaborates with an official Public Relations agency to manage its public communications.
He served as the Chief Executive Officer of Hindustan Zinc Limited (HZL), a subsidiary of Vedanta Resources, from 15 November 2005 to 30 June 2010. From October 2008 until April 2014, he was the CEO of Vedanta Resources. [5] [6] Mehta was appointed CEO of Reliance Infrastructure in July 2014. [7]
Sterlite Energy Limited (SEL) is an energy company focused on development and operation of power plants in India. [1] SEL is a subsidiary of Vedanta Resources PLC. Projects