Tag: Vedanta Ltd.

Vedanta inks Memorandum of Understanding with GACL

Vedanta Ltd (Aluminium Business) has signed a Memorandum of Understanding (MoU) with Gujarat Alkalies and Chemicals Ltd (GACL), for exploring various business opportunities in the areas of Caustic-Chlorine and other allied businesses. The MoU aims to recognize the potential of adding value to the businesses of both Vedanta Aluminium and GACL, by adopting a collaborative…

Vedanta appoints Ajay Goel as CFO

Mining conglomerate Vedanta Limited announced the appointment of Ajay Goel as Chief Financial Officer of the company, with effect from October 30, 2023. He succeeds Sonal Shrivastava, who has resigned from the role of CFO due to personal reasons. According to the company’s exchange filing, “we wish to inform you that the Board of Directors of…

Vedanta appoints Sonal Shrivastava as CFO

Vedanta Ltd announced appointment of Sonal Shrivastava as its Chief Financial Officer (CFO) effective June 1, 2023, according to PTI report. A bachelor’s in chemical engineering from BIT, Sindri and an MBA from the Jamnalal Bajaj Institute of Management Studies, she comes with over 26 years of financial leadership experience across sectors, the mining major…

Vedanta re-appoints Akhilesh Joshi to its Board

Diversified natural resources major Vedanta Limited has announced the re-appointment of Akhilesh Joshi as Non-Executive Independent Director, with effect from July 1, 2022. According to the company’s exchange filing, “The Board of Directors, on recommendation of Nomination and Remuneration Committee of the Company, on June 21, 2022, have considered and approved the re-appointment of Mr.…

CEO of Vedanta’s oil and gas division Ajay Dixit resigns

Cairn’s Chief Executive Officer Ajay Dixit has decided to quit the company at month-end. He is the fifth CEO of billionaire Anil Agarwal-led Vedanta’s oil and gas division to quit the firm. Cairn was taken over by the mining baron eight years ago. According to a PTI report, Dixit has decided to not seek an…

Vedanta appoints Sunil Duggal as interim CEO

Vedanta Limited recently announced the appointment of Sunil Duggal as the interim Chief Executive Officer of the company. Duggal’s appointment is followed by the resignation of Srinivasan Venkatakrishnan with effect from 5th April 2020, citing personal reasons. It is said that Venkat will rejoin his family in South Africa. Commenting on Duggal’s appointment, Vedanta Chairman…

Vedanta’s Srinivasan Venkatakrishnan to step down from CEO and Director position

Vedanta Limited, a subsidiary of Vedanta Resources Limited, has recently announced that company CEO and Director Srinivasan Venkatakrishnan will step down from his position. Srinivasan has decided to resign from the position citing personal reasons and is expected to rejoin his family in South Africa. According to an official press release, the company said, “Srinivasan…