Vedanta Resources
Minerals & Mining · United Kingdom · 10K+ Employees
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Overview
Headquarters
30 Berkeley Sq, London, Greater London, ...Phone Number
+44 2074995900Website
www.vedantaresources.comRevenue
$17.1 BillionIndustry
About Vedanta Resources
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Vedanta Resources is experiencing low activity levels compared to other companies in the Minerals & Mining sector.
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Vedanta Resources financials insights
Gather financial insights about Vedanta Resources, including details on funding rounds, investors, total funding, and acquisitions, to gain a comprehensive understanding of their financial strategy.
Stock Offering
$876M
Debt
$1.7B
Debt
$301.5M
Debt
$1.4B
Debt
$850M
Private Equity
$450M
Debt
$125M
Debt
$500M
Vedanta Resources Tech Stack
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Most Recent Scoops
Vedanta Resources News & Media
Vedanta Resources to raise $500-million loan - The Economic Times
Vedanta Resources is nearing a $500 million loan from global banks to refinance high-cost debt and fund capital expenditure at its Zambian copper mines. This move is part of a broader strategy to simplify its capital structure and reduce refinancing risks. The company has significantly cut its gross debt and extended bond maturities, diversifying funding sources to lower interest costs.Vedanta Resources Raises $500 Million Via Bond Issuance: How Will It Use Proceeds?
Anil Agarwal-led Vedanta Resources Ltd (VRL) has raised 500 million dollars through bonds in October and will use the proceeds to repay near-term obligations. As per the letter to the bondholders, the company stated that 'the average maturity of its debt portfolio is now over four years, and it has reduced its weighted average interest cost to single digits, reflecting a stronger, more resilient capital structure'.Viceroy Research takes short position on Vedanta Resources' debt
(Reuters) -U.S.-based Viceroy Research has taken a short position against the debt of Vedanta Resources, the UK-based parent of Indian miner Vedanta, alleging that the British firm is "systematically draining" its Indian unit. A spokesperson for the Vedanta Group said that the report was "a malicious combination of selective misinformation and baseless allegations" and that its authors issued it without contacting the group. Group Chairman Anil Agarwal launched a plan a year earlier
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Frequently Asked Questions Regarding Vedanta Resources
Vedanta Group is India's leading natural resources and technology conglomerate, specializing in a diverse portfolio that includes aluminium, zinc, lead, silver, oil and gas, iron ore, steel, copper, nickel, power, and glass substrate. The company is committed to sustainable growth and aims to drive the transition to a greener economy through innova... Read More