Anil Agarwal, Group Chairman, Vedanta Resources Plc and Tom Albanese, Group CEO, Vedanta Resources Plc officially opened the market at the London Stock Exchange today to celebrate ten years of Vedanta’s main market listing. Present at the occasion was His Excellency Mr. Ranjan Mathai, the High Commissioner of India, the directors of Vedanta Resources Plc and its group companies along with Vedanta’s senior management. At the time of flotation in 2003, Vedanta was the first Indian company to gain a premium listing on the London Stock Exchange, and it immediately qualified to enter the FTSE 250. Vedanta’s share price has soared 175% since listing, outperforming the FTSE 100 and FTSE 350 Mining index by a significant margin. The group has already invested over $25 billion into its Indian business and has made significant contributions to the Indian economy, including 0.4% to the country’s GDP and is now one of the country’s largest taxpayers.

• published: 09 Jan 2015
• views: 31