Schedule 13D Amendment No. 1

 

 

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

 

 

SCHEDULE 13D

Under the Securities Exchange Act of 1934

(Amendment No. 1)*

 

 

Sesa Sterlite Limited

(Name of Issuer)

Equity shares, par value Re. 1 per equity share

(Title of Class of Securities)

78413F103

(CUSIP Number)

Vedanta Resources plc

Attention: Mr. Deepak Kumar

16 Berkley Street, 5th Floor,

London, W1J8DZ

United Kingdom

+44 20 7499 5900

(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)

September 30, 2014

(Date of Event which Requires Filing of this Statement)

 

 

If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box.  ¨

 

 

Note: Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See § 240.13d-7 for other parties to whom copies are to be sent.

 

 

 

* The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page.

The information required on the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

 

 

 


13D

 

CUSIP No. 78413F103   Page 1 of 19 Pages

 

  1   

NAMES OF REPORTING PERSONS

 

Vedanta Resources plc

  2  

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

(a)  ¨        (b)  ¨

 

  3  

SEC USE ONLY

 

  4  

SOURCE OF FUNDS

 

    OO

  5  

Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)    ¨

 

  6  

CITIZENSHIP OR PLACE OF ORGANIZATION

 

    United Kingdom

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH

 

     7    

SOLE VOTING POWER

 

    0

     8   

SHARED VOTING POWER

 

    1,853,770,564

     9   

SOLE DISPOSITIVE POWER

 

    0

   10   

SHARED DISPOSITIVE POWER

 

    1,853,770,564

11  

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

    1,853,770,564

12  

CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES    ¨

 

13  

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11

 

    62.5%*

14  

TYPE OF REPORTING PERSON

 

    CO

 

* Based on 2,964,689,439 equity shares of Sesa Sterlite Limited outstanding as of September 30, 2014.


13D

 

CUSIP No. 78413F103   Page 2 of 19 Pages

 

  1   

NAMES OF REPORTING PERSONS

 

Vedanta Resources Holdings Limited

  2  

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

(a)  ¨        (b)  ¨

 

  3  

SEC USE ONLY

 

  4  

SOURCE OF FUNDS

 

    OO

  5  

Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)    ¨

 

  6  

CITIZENSHIP OR PLACE OF ORGANIZATION

 

    United Kingdom

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH

 

     7    

SOLE VOTING POWER

 

    0

     8   

SHARED VOTING POWER

 

    1,853,770,564

     9   

SOLE DISPOSITIVE POWER

 

    0

   10   

SHARED DISPOSITIVE POWER

 

    1,853,770,564

11  

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

    1,853,770,564

12  

CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES    ¨

 

13  

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11

 

    62.5%*

14  

TYPE OF REPORTING PERSON

 

    CO

 

* Based on 2,964,689,439 equity shares of Sesa Sterlite Limited outstanding as of September 30, 2014.


13D

 

CUSIP No. 78413F103   Page 3 of 19 Pages

 

  1   

NAMES OF REPORTING PERSONS

 

Twin Star Holdings Limited

  2  

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

(a)  ¨        (b)  ¨

 

  3  

SEC USE ONLY

 

  4  

SOURCE OF FUNDS

 

    OO

  5  

Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)    ¨

 

  6  

CITIZENSHIP OR PLACE OF ORGANIZATION

 

    Mauritius

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH

 

     7    

SOLE VOTING POWER

 

    0

     8   

SHARED VOTING POWER

 

    1,369,689,889

     9   

SOLE DISPOSITIVE POWER

 

    0

   10   

SHARED DISPOSITIVE POWER

 

    1,369,689,889

11  

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

    1,369,689,889

12  

CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES    ¨

 

13  

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11

 

    46.2%*

14  

TYPE OF REPORTING PERSON

 

    CO

 

* Based on 2,964,689,439 equity shares of Sesa Sterlite Limited outstanding as of September 30, 2014.


13D

 

CUSIP No. 78413F103    Page 4 of 19 Pages

 

  1   

NAMES OF REPORTING PERSONS

 

Volcan Investments Limited

  2  

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

(a)  ¨        (b)  ¨

 

  3  

SEC USE ONLY

 

  4  

SOURCE OF FUNDS

 

    OO

  5  

Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)    ¨

 

  6  

CITIZENSHIP OR PLACE OF ORGANIZATION

 

    Bahamas

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH

 

     7    

SOLE VOTING POWER

 

    0

     8   

SHARED VOTING POWER

 

    1,853,770,564

     9   

SOLE DISPOSITIVE POWER

 

    0

   10   

SHARED DISPOSITIVE POWER

 

    1,853,770,564

11  

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

    1,853,770,564

12  

CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES    ¨

 

13  

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11

 

    62.5%*

14  

TYPE OF REPORTING PERSON

 

    CO

 

* Based on 2,964,689,439 equity shares of Sesa Sterlite Limited outstanding as of September 30, 2014.


13D

 

CUSIP No. 78413F103    Page 5 of 19 Pages

 

  1   

NAMES OF REPORTING PERSONS

 

Anil Agarwal Discretionay Trust

  2  

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

(a)  ¨        (b)  ¨

 

  3  

SEC USE ONLY

 

  4  

SOURCE OF FUNDS

 

    OO

  5  

Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)    ¨

 

  6  

CITIZENSHIP OR PLACE OF ORGANIZATION

 

    Bahamas

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH

 

     7    

SOLE VOTING POWER

 

    0

     8   

SHARED VOTING POWER

 

    1,853,770,564

     9   

SOLE DISPOSITIVE POWER

 

    0

   10   

SHARED DISPOSITIVE POWER

 

    1,853,770,564

11  

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

    1,853,770,564

12  

CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES    ¨

 

13  

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11

 

    62.5%*

14  

TYPE OF REPORTING PERSON

 

    OO (private trust)

 

* Based on 2,964,689,439 equity shares of Sesa Sterlite Limited outstanding as of September 30, 2014.


13D

 

CUSIP No. 78413F103    Page 6 of 19 Pages

 

  1   

NAMES OF REPORTING PERSONS

 

Conclave PTC Limited

  2  

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

(a)  ¨        (b)  ¨

 

  3  

SEC USE ONLY

 

  4  

SOURCE OF FUNDS

 

    OO

  5  

Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)    ¨

 

  6  

CITIZENSHIP OR PLACE OF ORGANIZATION

 

    Bahamas

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH

 

     7    

SOLE VOTING POWER

 

    0

     8   

SHARED VOTING POWER

 

    1,853,770,564

     9   

SOLE DISPOSITIVE POWER

 

    0

   10   

SHARED DISPOSITIVE POWER

 

    1,853,770,564

11  

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

    1,853,770,564

12  

CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES    ¨

 

13  

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11

 

    62.5%*

14  

TYPE OF REPORTING PERSON

 

    CO

 

* Based on 2,964,689,439 equity shares of Sesa Sterlite Limited outstanding as of September 30, 2014.


13D

 

CUSIP No. 78413F103    Page 7 of 19 Pages

 

  1   

NAMES OF REPORTING PERSONS

 

Anil Agarwal

  2  

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

(a)  ¨        (b)  ¨

 

  3  

SEC USE ONLY

 

  4  

SOURCE OF FUNDS

 

    OO

  5  

Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)    ¨

 

  6  

CITIZENSHIP OR PLACE OF ORGANIZATION

 

    India

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH

 

     7    

SOLE VOTING POWER

 

    0

     8   

SHARED VOTING POWER

 

    1,853,770,564

     9   

SOLE DISPOSITIVE POWER

 

    0

   10   

SHARED DISPOSITIVE POWER

 

    1,853,770,564

11  

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

    1,853,770,564

12  

CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES    ¨

 

13  

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11

 

    62.5%*

14  

TYPE OF REPORTING PERSON

 

    IN

 

* Based on 2,964,689,439 equity shares of Sesa Sterlite Limited outstanding as of September 30, 2014.


13D

 

CUSIP No. 78413F103    Page 8 of 19 Pages

 

  1   

NAMES OF REPORTING PERSONS

 

Vedanta Resources Finance Limited

  2  

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

(a)  ¨        (b)  ¨

 

  3  

SEC USE ONLY

 

  4  

SOURCE OF FUNDS

 

    OO

  5  

Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)    ¨

 

  6  

CITIZENSHIP OR PLACE OF ORGANIZATION

 

    United Kingdom

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH

 

     7    

SOLE VOTING POWER

 

    0

     8   

SHARED VOTING POWER

 

    484,080,675

     9   

SOLE DISPOSITIVE POWER

 

    0

   10   

SHARED DISPOSITIVE POWER

 

    484,080,675

11  

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

    484,080,675

12  

CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES    ¨

 

13  

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11

 

    16.3%*

14  

TYPE OF REPORTING PERSON

 

    CO

 

* Based on 2,964,689,439 equity shares of Sesa Sterlite Limited outstanding as of September 30, 2014.


13D

 

CUSIP No. 78413F103   Page 9 of 19 Pages

 

  1   

NAMES OF REPORTING PERSONS

 

Vedanta Resources Cyprus Limited

  2  

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

(a)  ¨        (b)  ¨

 

  3  

SEC USE ONLY

 

  4  

SOURCE OF FUNDS

 

    OO

  5  

Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)    ¨

 

  6  

CITIZENSHIP OR PLACE OF ORGANIZATION

 

    Cyprus

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH

 

     7    

SOLE VOTING POWER

 

    0

     8   

SHARED VOTING POWER

 

    484,080,675

     9   

SOLE DISPOSITIVE POWER

 

    0

   10   

SHARED DISPOSITIVE POWER

 

    484,080,675

11  

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

    484,080,675

12  

CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES    ¨

 

13  

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11

 

    16.3%*

14  

TYPE OF REPORTING PERSON

 

    CO

 

* Based on 2,964,689,439 equity shares of Sesa Sterlite Limited outstanding as of September 30, 2014.


13D

 

CUSIP No. 78413F103   Page 10 of 19 Pages

 

  1   

NAMES OF REPORTING PERSONS

 

Welter Trading Limited

  2  

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

(a)  ¨        (b)  ¨

 

  3  

SEC USE ONLY

 

  4  

SOURCE OF FUNDS

 

    OO

  5  

Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)    ¨

 

  6  

CITIZENSHIP OR PLACE OF ORGANIZATION

 

    Cyprus

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH

 

     7    

SOLE VOTING POWER

 

    0

     8   

SHARED VOTING POWER

 

    38,241,056

     9   

SOLE DISPOSITIVE POWER

 

    0

   10   

SHARED DISPOSITIVE POWER

 

    38,241,056

11  

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

    38,241,056

12  

CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES    ¨

 

13  

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11

 

    1.3%*

14  

TYPE OF REPORTING PERSON

 

    CO

 

* Based on 2,964,689,439 equity shares of Sesa Sterlite Limited outstanding as of September 30, 2014.


13D

 

CUSIP No. 78413F103   Page 11 of 19 Pages

 

  1   

NAMES OF REPORTING PERSONS

 

Richter Holding Limited

  2  

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

(a)  ¨        (b)  ¨

 

  3  

SEC USE ONLY

 

  4  

SOURCE OF FUNDS

 

    OO

  5  

Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)    ¨

 

  6  

CITIZENSHIP OR PLACE OF ORGANIZATION

 

    Cyprus

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH

 

     7    

SOLE VOTING POWER

 

    0

     8   

SHARED VOTING POWER

 

    445,839,619

     9   

SOLE DISPOSITIVE POWER

 

    0

   10   

SHARED DISPOSITIVE POWER

 

    445,839,619

11  

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

    445,839,619

12  

CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES    ¨

 

13  

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11

 

    15.0%*

14  

TYPE OF REPORTING PERSON

 

    CO

 

* Based on 2,964,689,439 equity shares of Sesa Sterlite Limited outstanding as of September 30, 2014.


13D

 

CUSIP No. 78413F103   Page 12 of 19 Pages

 

  1   

NAMES OF REPORTING PERSONS

 

Westglobe Limited

  2  

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

(a)  ¨        (b)  ¨

 

  3  

SEC USE ONLY

 

  4  

SOURCE OF FUNDS

 

    OO

  5  

Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)    ¨

 

  6  

CITIZENSHIP OR PLACE OF ORGANIZATION

 

    Mauritius

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH

 

     7    

SOLE VOTING POWER

 

    0

     8   

SHARED VOTING POWER

 

    44,343,139

     9   

SOLE DISPOSITIVE POWER

 

    0

   10   

SHARED DISPOSITIVE POWER

 

    44,343,139

11  

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

    44,343,139

12  

CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES    ¨

 

13  

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11

 

    1.5%*

14  

TYPE OF REPORTING PERSON

 

    CO

 

* Based on 2,964,689,439 equity shares of Sesa Sterlite Limited outstanding as of September 30, 2014.

 


13D

 

CUSIP No. 78413F103    Page 13 of 19 Pages

 

  1   

NAMES OF REPORTING PERSONS

 

Finsider International Company Limited

  2  

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

(a)  ¨        (b)  ¨

 

  3  

SEC USE ONLY

 

  4  

SOURCE OF FUNDS

 

    OO

  5  

Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)    ¨

 

  6  

CITIZENSHIP OR PLACE OF ORGANIZATION

 

    United Kingdom

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH

 

     7    

SOLE VOTING POWER

 

    0

     8   

SHARED VOTING POWER

 

    401,496,480

     9   

SOLE DISPOSITIVE POWER

 

    0

   10   

SHARED DISPOSITIVE POWER

 

    401,496,480

11  

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

    401,496,480

12  

CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES    ¨

 

13  

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11

 

    13.5%*

14  

TYPE OF REPORTING PERSON

 

    CO

 

* Based on 2,964,689,439 equity shares of Sesa Sterlite Limited outstanding as of September 30, 2014.


13D

 

CUSIP No. 78413F103   Page 14 of 19 Pages

 

Explanatory Note

This Amendment No. 1 to Schedule 13D (this “Amendment No. 1”) amends and supplements the Schedule 13D originally filed with the United States Securities and Exchange Commission (the “SEC”) on September 3, 2014, as amended to date, (the “Statement”), relating to the equity shares, par value Re. 1 per equity share (the “Equity Shares”) of Sesa Sterlite Limited (the “Issuer”). Capitalized terms used herein without definition shall have the meaning set forth in the Statement.

 

ITEM 3. Source and Amount of Funds or Other Consideration

Item 3 of the Statement is amended and supplemented by inserting the following information:

Item 5(c) below describes the September 2014 Acquisitions (as defined below). Twin Star availed intercompany loans from Vedanta through VRHL to pay cash consideration of Rs. 9,046,467,802.50 in connection with the September 2014 Acquisitions.


13D

 

CUSIP No. 78413F103   Page 15 of 19 Pages

 

ITEM 5. Interest in Securities of the Issuer

Item 5(a) – (b) of the Statement is amended and restated in its entirety by inserting the following information:

(a) – (b)

The following sets forth, as of the date of this Schedule 13D, the aggregate number and percentage of Equity Shares beneficially owned by each of the Reporting Persons, as well as the number of Equity Shares as to which each Reporting Person has the sole power to vote or to direct the vote, sole power to dispose or to direct the disposition, or shared power to dispose or to direct the disposition of as of the date hereof, based on 2,964,689,439 Equity Shares outstanding as of September 30, 2014.

 

Reporting Person   

Amount

beneficially

owned

    

Percent

of class:

   

Sole

power

to vote

or to

direct

the vote:

    

Shared

power to

vote or to

direct the

vote:

    

Sole

power to

dispose or

to direct

the

disposition

of:

    

Shared

power to

dispose or

to direct

the

disposition

of:

 

Mr. Anil Agarwal

     1,853,770,564         62.5     0         1,852,197,301         0         1,853,770,564   

Conclave PTC Limited (“Conclave”)

     1,853,770,564         62.5     0         1,852,197,301         0         1,853,770,564   

Anil Agarwal Discretionary Trust (the “Trust”)

     1,853,770,564         62.5     0         1,852,197,301         0         1,853,770,564   

Volcan Investments Limited (“Volcan”)

     1,853,770,564         62.5     0         1,852,197,301         0         1,853,770,564   

Vedanta Resources plc (“Vedanta”)

     1,853,770,564         62.5     0         1,852,197,301         0         1,853,770,564   

Vedanta Resources Holdings Limited (“VRHL”)

     1,853,770,564         62.5     0         1,852,197,301         0         1,853,770,564   

Twin Star Holdings Limited (“Twin Star”)

     1,369,689,889         46.2     0         1,368,116,626         0         1,369,689,889   

Vedanta Resources Finance Limited (“VRFL”)

     484,080,675         16.3     0         484,080,675         0         484,080,675   

Vedanta Resources Cyprus Limited (“VRCL”)

     484,080,675         16.3     0         484,080,675         0         484,080,675   

Welter Trading Limited (“Welter”)

     38,241,056         1.3     0         38,241,056         0         38,241,056   

Richter Holding Limited (“Richter”)

     445,839,619         15.0     0         445,839,619         0         445,839,619   

Westglobe Limited (“Westglobe”)

     44,343,139         1.5     0         44,343,139         0         44,343,139   

Finsider International Company Limited (“Finsider”)

     401,496,480         13.5     0         401,496,480         0         401,496,480   

Vedanta is the beneficial owner of 1,853,770,564 Equity Shares, consisting of:

 

  (i) 1,270,397,181 Equity Shares and 24,823,177 American Depository Shares (“ADSs”) representing 99,292,708 underlying Equity Shares held by Twin Star;


13D

 

CUSIP No. 78413F103   Page 16 of 19 Pages

 

  (ii) 401,496,480 Equity Shares held by Finsider;

 

  (iii) 44,343,139 Equity Shares held by Westglobe; and

 

  (iv) 38,241,056 Equity Shares held by Welter Trading Limited.

Volcan is the majority shareholder of Vedanta, which is the sole shareholder of VRHL, which is the sole shareholder of Twin Star and VRFL. VRFL is the sole shareholder of VRCL, which is the sole shareholder of each of Welter and Richter. Richter is the sole shareholder of Westglobe and the majority shareholder of Finsider.

Volcan is wholly owned by the Trust. Conclave is the trustee of the Trust. Mr. Anil Agarwal, the Executive Chairman of Vedanta and protector of the Trust, may be deemed to have beneficial ownership of securities that are beneficially owned by the Trust. Mr. Agarwal disclaims any such beneficial ownership.

None of the other Reporting Persons or Related Persons beneficially owns any Equity Shares except for Mr. Dindayal Jalan who may be deemed the beneficial owners of 2,400 shares of the Issuer held by his wife.

Except as set forth in this Item 5(a)-(b), each of the persons named in this Item 5(a)-(b) disclaims beneficial ownership of any Equity Shares owned beneficially or of record by any other person named in this Item 5(a)-(b).

Item 5(c) of the Statement is amended and supplemented by inserting the following information:

(c) From September 10, 2014 through September 30, 2014, Twin Star acquired 32,077,894 Equity Shares in a series of transactions at prices ranging from Rs. 270.90 to Rs. 289.74 in open market transactions on the BSE Limited and the National Stock Exchange of India (the “September 2014 Acquisitions”). Details by date, listing the number of Equity Shares acquired and the weighted average price per Equity Security (in Rs.) are provided below. Twin Star undertakes to provide, upon request by the staff of the Securities and Exchange Commission, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price for this transaction.

 

Date

   Equity Shares
Acquired
     Weighted Average
Price per Security (Rs.)
 

10 September 2014

     791,123         286.11   

11 September 2014

     1,241,603         286.13   

12 September 2014

     2,792,913         289.29   

15 September 2014

     686,120         287.06   

16 September 2014

     4,000,000         284.10   

17 September 2014

     1,297,546         282.00   

18 September 2014

     1,049,878         284.80   

19 September 2014

     3,633,823         283.82   

22 September 2014

     3,818,700         282.38   

23 September 2014

     4,269,908         280.72   

24 September 2014

     1,509,455         280.19   

25 September 2014

     5,413,562         273.85   

26 September 2014

     603,671         270.90   

29 September 2014

     461,000         272.00   

30 September 2014

     508,592         271.09   
  

 

 

    

 

 

 

TOTAL

     32,077,894         282.02   
  

 

 

    

 

 

 


13D

 

CUSIP No. 78413F103   Page 17 of 19 Pages

 

Except for the transactions disclosed in this Item 5(c), none of the Reporting Persons or Related Persons has effected any transactions in the Equity Shares since their most recent filing on Schedule 13D.

 

Item 7. Materials to be Filed as Exhibits

 

Exhibit

Number

   Description
1    Joint Filing Agreement.


13D

 

CUSIP No. 78413F103   Page 18 of 19 Pages

 

SIGNATURES

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Date: October 8, 2014

 

VEDANTA RESOURCES PLC
By:  

/s/ Thomas Albanese

Name:   Thomas Albanese
Title:   Chief Executive
VEDANTA RESOURCES HOLDINGS LIMITED
By:  

/s/ Thomas Albanese

Name:   Thomas Albanese
Title:   Director
TWIN STAR HOLDINGS LIMITED
By:  

/s/ Mohammad Akhtar Janally

Name:   Mohammad Akhtar Janally
Title:   Director
VOLCAN INVESTMENTS LIMITED
By:  

/s/ E. Isaac Collie

Name:   E. Isaac Collie
Title:   Director
ANIL AGARWAL DISCRETIONARY TRUST
By:  

/s/ E. Isaac Collie

Name:   E. Isaac Collie
Title:   Trustee


13D

 

CUSIP No. 78413F103   Page 19 of 19 Pages

 

CONCLAVE PTC LIMITED
By:  

/s/ E. Isaac Collie

Name:   E. Isaac Collie
Title:   Director
FINSIDER INTERNATIONAL COMPANY LIMITED
By:  

/s/ Deepak Kumar

Name:   Deepak Kumar
Title:   Director
WESTGLOBE LIMITED
By:  

/s/ Mohammad Akhtar Janally

Name:   Mohammad Akhtar Janally
Title:   Director
WELTER TRADING LIMITED
By:  

/s/ Alexis Tsielepis

Name:   Alexis Tsielepis
Title:   Director
RICHTER HOLDING LIMITED
By:  

/s/ Deepak Kumar

Name:   Deepak Kumar
Title:   Director
VEDANTA RESOURCES CYPRUS LIMITED
By:  

/s/ Deepak Kumar

Name:   Deepak Kumar
Title:   Director
VEDANTA RESOURCES FINANCE LIMITED
By:  

/s/ Deepak Kumar

Name:   Deepak Kumar
Title:   Director
ANIL AGARWAL
By:  

/s/ Anil Agarwal