Vedanta Resources

Vedanta Resources Limited is a diversified natural resources company headquartered in London, United Kingdom. The company is engaged in the exploration, extraction, and processing of minerals and oil and gas across various countries, including India, South Africa, Namibia, Ireland, and Australia. Its operations are organized into several segments: Zinc-India, Zinc-International, Oil & Gas, Iron Ore, Copper, Aluminium, and Power. Vedanta produces a range of products, including zinc, lead, silver, copper, aluminum, and iron ore, alongside oil and gas. The company also generates power with an installed capacity of 8.4 gigawatts from thermal sources and 274 megawatts from wind. Additionally, Vedanta is involved in port operations, the refining of precious metals, and the manufacturing of various industrial products. Founded in 1976, Vedanta is a subsidiary of Volcan Investments Limited.

Sonal Shrivastava

CFO

5 past transactions

Electrosteel Steels Ltd

Acquisition in 2018
Electrosteel owns and operates an integrated steel manufacturing facility of 1.5 milliion tonne per annum.

AvanStrate

Acquisition in 2017
AvanStrate Inc. is a manufacturer of glass substrates specifically designed for thin-film transistor color LCDs, operating both in Japan and internationally. The company supplies these substrates for a wide range of applications, including LCD televisions, personal computers, mobile phones, digital cameras, digital camcorders, game consoles, automotive navigation systems, digital signage, touch panels, and 3D televisions. Founded in 1991 and headquartered in Tokyo, Japan, AvanStrate was previously known as NH Techno Glass Corporation before rebranding in December 2008. As of late 2017, AvanStrate operates as a subsidiary of Cairn India Holdings Limited.

Raykal Aluminium Company Pvt Ltd

Funding Round in 2012
Raykal Aluminium Company Private Limited owns prospecting license to inspect bauxite in Sijmali, Kurumaki, and Kalahandi districts of Orissa.

Cairn India

Acquisition in 2011
Cairn India Limited engages in the exploration, development, and production of oil and gas. It holds various participating interests in a portfolio of nine blocks, including one block in Rajasthan, two on the west coast, and four on the east coast of India; one in Sri Lanka; and one in South Africa. The company has gross proved and probable reserves and resources of approximately 1.3 billion barrels of oil equivalent. Cairn India Limited was incorporated in 2006 and is based in Gurgaon, India. As on April 11, 2017, Cairn India Limited operates as a subsidiary of Vedanta Limited.

Sesa Goa Limited

Acquisition in 2007
Sesa is India's largest private sector iron ore producer-exporter and is globally cost-competitive. A well established company for over 50 years, Sesa was previously under Italian management before being acquired by Mitsui in 1996. Its mining operations are located in the iron ore rich states of Goa, Karnataka and Orissa. It currently sells c10 million tonnes of iron ore, of which over 95% is exported to leading global steel companies in China, Europe and Japan. At current production rates, Sesa’s iron ore reserves and resources of 207 million tons will support over 20 years of mined production. Sesa’s fully integrated pig iron and metallurgical coke facilities each have the capacity to produce c250,000 tonnes per annum.
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