Vedanta Resources plc
Vedanta Resources plc is a diversified metals and mining company with revenues in excess of US$6 billion. We are proud to be the first Indian manufacturing company to be listed on the London Stock Exchange.
Our experienced workforce of over 30,000 people is distributed among our operating locations in India, Zambia and Australia.
The principal members of our consolidated group of companies are as follows:
Copper Business
Sterlite Industries (India) Ltd. Sterlite is headquartered in Mumbai. Sterlite has been a public listed company in India since 1988, and its equity shares are listed and traded on the NSE and the BSE, and are also listed and traded on the NYSE in the form of ADSs. Vedanta owns 53.9% of Sterlite and have management control of the company.
Konkola Copper Mines. We own 79.4% of KCM’s share capital and have management control of the company. KCM’s other shareholder is ZCCM Investment Holdings Plc. The Government of Zambia has a controlling stake in ZCCM Investment Holdings Plc.
Copper Mines of Tasmania Pty Ltd. CMT is headquartered in Queenstown, Tasmania. Sterlite owns 100.0% of CMT and has management control of the company.
Zinc Business
Hindustan Zinc Limited. HZL is headquartered in Udaipur in the State of Rajasthan. HZL’s equity shares are listed and traded on the NSE and BSE. Sterlite owns 64.9% of the share capital in HZL and has management control. Sterlite has a call option to acquire the Government of India’s remaining ownership interest.
Aluminium Business
Bharat Aluminium Company Ltd. BALCO is headquartered at Korba in the State of Chhattisgarh. Sterlite owns 51.0% of the share capital of BALCO and has management control of the company. The Government of India owns the remaining 49.0%. Sterlite exercised an option to acquire the Government of India’s remaining ownership interest in BALCO in March 2004.
Vedanta Aluminium Ltd. Vedanta Aluminium is headquartered in Lanjigarh, State of Orissa. Vedanta owns 70.5% of the share capital of Vedanta Aluminium and Sterlite owns the remaining 29.5% share capital of Vedanta Aluminium.
Iron Ore Business
Sesa Goa Limited. Sesa Goa is headquartered in Panaji, India, and its equity shares are listed and traded on the NSE and BSE. We own 57.1% of Sesa and have management control of the company.
Commercial Power Generation Business
Sterlite Energy Limited. Sterlite Energy is headquartered in Mumbai. Sterlite owns 100.0% of Sterlite Energy and has management control of the company.
Madras Aluminium Company Ltd. MALCO is headquartered in Mettur, India. MALCO’s equity shares are listed and traded on the NSE and BSE. We own 93.9% of MALCO’s share capital and have management control of the company.