Davis Index: Market Intelligence for the Global Metals and Recycled Materials Markets

Srinivasan Venkatakrishnan the CEO of Vedanta Limited, a Vedanta Resources subsidiary, has resigned from his post citing personal reasons. His resignation will be effective April 5.


The company in a statement released on March 27, said Sunil Duggal CEO and director of Hindustan Zinc will take an additional charge as interim CEO of Vedanta Limited. Hindustan Zinc is yet another subsidiary of Vedanta Resources and is partially owned by the India government. Duggal has earlier worked with Ambuja Cement and is an active member of various industry and advocacy forums, with 36 years of leadership experience.


The company’s board has also appointed founder and chairman of Vedanta Resources, Anil Agarwal as the non-executive chairman of Vedanta Limited and Navin Agarwal as executive vice-chairman.


Vedanta Limited has significant operations in, zinc, lead, silver, copper, iron ore, steel, and aluminium sectors across India, South Africa, Namibia, and Australia.

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