VEDANTA Resources has expressed gratitude for the overwhelming support demonstrated during the creditors scheme of arrangement meeting held in Lusaka and Kitwe. In a statement, Saturday, Vedanta Zambia Corporate Communications Director Masuzyo Ndhlovu stated that the outcome of the first meeting with class one creditors demonstrated their confidence in the proposed restructuring plan. “Vedanta Resources expresses its sincere gratitude for the overwhelming support demonstrated at yesterday’s Creditors Scheme of Arrangement meeting held in Lusaka and Kitwe. The meeting convened by the KCM Provisional Liquidator, Celine Meena Nair, and the Scheme Administrator Mr. Shuko Ndhlovu of HLB Zambia, marks a significant milestone in our efforts to recapitalize KCM. The outcome of the first meeting with Class 1 Creditors demonstrates the confidence...