Vedanta Ltd - 500295 - Announcement under Regulation 30 (LODR)-Change in Directorate
The Board of Directors of the Company at their meeting held today, have considered and approved appointment of Mr. Srinivasan Venkatakrishnan (Venkat) as the Whole-Time Director (Additional Director) designated as CEO & KMP of the Company w.e.f. March 1, 2019 up to August 31, 2021 (on recommendation of Nomination and Remuneration Committee), subject to the approval of the members at the ensuing Annual General Meeting of the Company. A press release made by the Company in this regard is attached herewith. The press release shall also be considered as compliance of Regulation 30 of the Listing Regulations. Mr. Venkat is not related inter-se in terms of Section 2(77) of the Companies Act, 2013 read with Rule 4 of the Companies (Specification of Definition Details) Rules, 2014 with any of the Directors of the Company. Further, in compliance with the SEBI regulations, this is to confirm that Mr. Venkatakrishnan has not been debarred from holding the office of director by virtue of any SEBI order or any other such authority.31-01-2019