Vedanta Limited (VEDL.BA)

3,750.00 0.00 (0.00%) At close: 12:11PM ART

Vedanta Limited

Unit 103, Corporate Avenue
1st Floor, C wing Atul Projects, Chakala Andheri (East)
Mumbai 400093
India
91 22 6643 4500
https://www.vedantalimited.com

Sector(s): Basic Materials
Industry: Other Industrial Metals & Mining
Full-time employees: 17,082

Key executives

Name	Title	Pay	Exercised	Year born
Mr. Navin Kumar Agarwal	Executive Vice Chairman	2.15B	N/A	1961
Mr. Ajay Kumar Goel	Chief Financial Officer	29.72M	N/A	1975
Ms. Prerna Halwasiya	Deputy Head Investor Relations, Company Secretary & Compliance Officer	46.39M	N/A	N/A
Mr. Sanjeev Gemawat	General Counsel	N/A	N/A	1971
Ms. Ritu Jhingon	Director of Communication & Corporate Social Responsibility, PR & Branding and CEO of Nand Ghar	N/A	N/A	1969
Mr. Shrikant Saboo	Director of Group Commercial, Marketing & Risk	N/A	N/A	N/A
Ms. Madhu Srivastava	Chief Human Resources Officer	198.16M	N/A	1975
Mr. Swapnil Patil	Head of Commodities Procurement- Pig Iron Business	N/A	N/A	N/A
Mr. Manish Gupta	Head of Ports	N/A	N/A	1968
Mr. Deodatta Padgaonkar	Senior VP of MAS & Risk Officer	N/A	N/A	1974

Amounts are as of 31 December 2023, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in ARS.

Description

Vedanta Limited operates as a diversified natural resources company in India. It explores for, extracts, produces, and sells oil and gas, zinc, lead, silver, copper, aluminum, iron ore, steel, pig iron, and metallurgical coke. The company also operates a thermal coal-based commercial power facility of 600 megawatts (MW) at Jharsuguda in the State of Odisha in eastern India; 2 units of 300 MW thermal coal-based power plants at Korba; 1,980 MW thermal coal- based commercial power facilities; wind power plants; and a power plant situated at Mettur Dam in the state of Tamil Nadu in southern India. In addition, it manufactures and supplies billets, TMT bars, wire rods, and ductile iron pipes; mechanizes coal handling facilities and upgrades general cargo berth for handling coal at the outer harbor of Visakhapatnam Port on the east coast of India; and provides logistics and other allied services inter alia rendering stevedoring, and other allied services in ports and other allied sectors. Further, the company is involved in manufacturing glass substrates in South Korea and Taiwan. It also operates in Europe, Mexico, the United States, China, and internationally, as well as Namibia, Ireland, Australia, Liberia, and the United Arab Emirates. The company was formerly known as Sesa Sterlite Limited and changed its name to Vedanta Limited in March 2015. The company was founded in 1954 and is headquartered in Mumbai, India. Vedanta Limited operates as a subsidiary of Vedanta Resources Limited.

Corporate governance

Vedanta Limited’s ISS governance QualityScore as of 1 February 2024 is 10. The pillar scores are Audit: 10; Board: 10; Shareholder rights: 5; Compensation: 1.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.