Vedanta Limited – Vedanta Limited (VL) is a diversified company into natural resources like zinc, oil and gas, copper, aluminum, iron ore, and power. Vedanta Resource Limited(VRL) holds 50.1% equity stakes in VL. Its operations include copper, iron ore, aluminum assets at Jharsuguda, and Lanjigarh in Odisha and power divisions. The company runs its aluminum operations through its subsidiary, Balco. Also, a part of the power business is conducted through a wholly-owned subsidiary, TSPL. The oil and gas business has been merged with Vedanta, and the group operates the zinc business through HZL and Zinc International in South Africa and Namibia.
VL credit rating is CRISIL long term rating of AA (Negative), short term rating A1+ while India Rating long term AA-(negative), and short-term rating of A1+.