Company status Active Company type Private limited Company Incorporated on 9 March 1999. Its main operations are held by Vedanta Ltd, a 50.1 per cent-owned subsidiary. It has a debt of nearly $1 billion. 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. It is currently controlled by the estate of Paul Allen. Delisted from the London Stock Exchange in October 2018, Vedanta Resources is now wholly-owned by Volcan Investments Ltd. Whether global or local, our work for good is financed by our thoughtful investing and innovative development. Volcan Investments Limited. Moody's Investors Service has downgraded the corporate family rating of Vedanta Resources Limited to B2 from B1 citing persistent weak liquidity and high refinancing needs. Volcan Investments Limited (Ultimate Holding Company) (ii) Fellow Subsidiaries (with whom transactions have taken place): Bharat Aluminium Company Limited Sterlite Technologies Limited Sterlite Power Transmission Limited Talwandi Sabo Power Limited Fujairah Gold FZC Black Mountain Mining (Pty) Limited Vizag General Cargo Berth Private Limited A simple way to monitor all your investments in one easy place such as ASX shares, dividends, funds & more. We work with partners to solve some of the world’s biggest challenges facing oceans, climate, conservation, and communities. Meanwhile, in January 1993, D. P. Agarwal founded Twinstar Holdings Limited in Mauritius, which was mostly owned by Volcan investments. The proposal values the total issued share capital of Vedanta at £2.32bn. AND SUBSIDIARIES, which comprise the consolidated statement of financial position as of December 31, 2017 and 2016, and the consolidated statements of income … Volcan is 100 % … Through Vedanta Resources' various operating subsidiaries, the group produces oil and gas, zinc, lead, silver, aluminium, iron ore and power. Around USD 7.5 billion of debt -- or 50 per cent of the group's total consolidated reported debt of USD 15.5 billion including debt at Volcan Investments -- is coming due for repayment in the two fiscal years through March 2022. 2 : CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) ... (India) Limited and Sesa Goa Limited to create Sesa Sterlite and a consolidation of various subsidiaries held within Vedanta through a scheme of arrangement under Indian law. Volcan Investments, which holds Vedanta Resources and other subsidiaries, submitted an Expression of Interest to acquire stake in Jet Airways as the deadline ended on Saturday evening, sources said. We have audited the consolidated financial statements of VOLCAN COMPAÑÍA MINERA S.A.A. Around USD 7.5 billion of debt -- or 50 per cent of the group''s total consolidated reported debt of USD 15.5 billion including debt at Volcan Investments -- … Vedanta Resources Limited, headquartered in London, is a diversified resources company with interests mainly in India. Covanta - List of Subsidiaries SCHEDULE 4-A . 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. Through Vedanta Resources' various operating subsidiaries, the group produces oil and gas, zinc, lead, silver, aluminium, iron ore and power. Volcan Investments Limited ('Volcan') and its wh.olly owned subsidiary together hold 100 % of the share capital and 100 % of the voting rights of VRL. Twin Star Overseas Ltd; Relationship Details Business Entity Relationship Active. Brokerages have asked investors to either sell or stay away from Vedanta shares following the company's move to buy Volcan Investments' stake in Anglo American via subsidiary Cairn India Holdings. More for VULCAN INVESTMENTS LIMITED (03729446) Registered office address Vulcan Road, Bilston, West Midlands, WV14 7JW . Vulcan Inc. is a privately held company founded by the former Microsoft co-founder Paul Allen, and his sister Jody Allen in 1986 to establish and oversee the family's diverse business activities and philanthropic endeavors. Delisted from the London Stock Exchange in October 2018, Vedanta Resources is now wholly owned by Volcan Investments Ltd. Volcan Investments Limited is a company registered in Bahamas. Check Volcan Investments Limited. Accounts. Volcan Investments Limited (“Volcan”) Anil Agarwal Discretionary Trust (the “Trust”) Onclave PTC Limited (“Onclave”) Mr. Anil Agarwal ... 6,904,995 ordinary shares were issued upon the conversion of certain convertible bonds issued by one of Vedanta’s subsidiaries. Covanta Honolulu Resource Recovery Venture . This company in turn holds all listed, unlisted subsidiaries of the group. List of Subsidiaries . The holding company of Vedanta Resources, Volcan Investments, too, is leveraged. 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 … Covanta Hillsborough, Inc. Covanta Holding Corporation . It has also acquired nearly 19 per cent stake in Anglo American through a structured deal via mandatorily convertible bonds (MCBs). Vulcan was founded in 1986 by Paul G. Allen and Jody Allen. Vedanta Limited is a majority-owned and controlled subsidiary of Vedanta Resources Limited ('VRL'). Currently, the group’s corporate structure is such that a family trust (Volcan) holds stake in the London-based Vedanta Resources, which in turn owns stake in the listed Indian arm, Vedanta Ltd. 8309 Tujunga Avenue Corp. AC LINES LLC . Volcan Investments, a family trust of UK-headquartered diversified metals and mining company Vedanta Resources majority shareholder and chairman Anil Agarwal, has offered to acquire the remaining stake in Vedanta for £778m. year when one of its subsidiaries bought a slice of Volcan’s holding in Anglo for $200m (£154m), triggering a 20pc drop in ­Vedanta’s share price on the Indian stock market. Anil Agarwal and his family are the key stakeholders of Volcan Investments. London-incorporated diversified miner Vedanta Resources Ltd's refinancing risk is extremely high, Moody's said in a report. C/O ELCO CORPORATE SERVICES LIMITED LOYALIST PLAZA, DON MACKAY BOULEVARD PO BOX AB 20377 MARSH HARBOUR BS-CO BS ... Subsidiaries. They were able to bid successfully for BALCO and Hindustan Zinc Limited, both bankrupt companies that had been closed down for 4 years. Although this debt does not show on the books of Volcan, it must pay a 4 per cent coupon. Delisted from the London Stock Exchange in October 2018, Vedanta Resources is now wholly owned by Volcan Investments Ltd. Investors were even less impressed when, in July 2019, Agarwal had India-based Vedanta Limited acquire the stake purchased by Volcan Investments in Anglo American. Burney Mountain Power . INDEPENDENT AUDITOR’S REPORT To the Shareholders and Members of the Board of Directors of VOLCAN COMPAÑÍA MINERA S.A.A. ... Limited Partnership . ... 95 090 665 544, AFSL: 240892) and/or Morningstar Research Limited, subsidiaries of Morningstar, Inc, without reference to your objectives, financial situation or needs. 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