– INDIA, Mumbai – Vedanta Limited (NSE:VEDL), announced that the Board of Directors in their meeting on 30th March 2017 approved the appointment of Mr K. Venkataramanan as an Independent non-executive director with effect from April 1, 2017.
Mr Venkataramanan was CEO & Managing Director, Larsen & Toubro Limited from April, 2012 and also served on the L&T Board from May, 1999 until his retirement in September, 2015. In his four decades of experience at Larsen & Toubro, he has spearheaded the company’s foray in the world of E&C, strengthened every aspect of EPC value chain and transformed L&T to one of the respected names in the global EPC fraternity. His induction will help broaden the diversity of the Vedanta Board, and add considerable expertise particularly in the areas of hydrocarbons and large scale project management.
Mr Navin Agarwal, Chairman of Vedanta Limited, said “I am delighted to welcome KV to our Board. His unparalleled strength and global experience in our sector will support our delivery of the next phase of growth at Vedanta, and I look forward to his significant contributions to the board.”
Mr. Venkataramanan said “I am excited to be joining the Board of Vedanta Limited, a company which has excelled in the Indian natural resources sector. It will be my endeavour to effectively participate in Vedanta’s journey of achieving excellence in the sector.”
About Vedanta Limited
Vedanta Limited is a diversified natural resources company, whose business primarily involves producing oil & gas, zinc – lead – silver, copper, iron ore, aluminium and commercial power. The company has a presence across India, South Africa, Namibia, Australia and Ireland.
Vedanta Limited is the Indian subsidiary of Vedanta Resources Plc, a London-listed company. Governance and Sustainable Development are at the core of Vedanta’s strategy, with a strong focus on health, safety and environment and on enhancing the lives of local communities. The company is conferred with the Confederation of Indian Industry ‘Sustainable Plus Platinum label’, ranking among the top 10 most sustainable companies in India. To access the Vedanta Sustainable Development Report 2016,
Vedanta Limited is listed on the Bombay Stock Exchange and the National Stock Exchange in India and has ADRs listed on the New York Stock Exchange.
For more information : http://www.vedantalimited.com
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