Vedanta Limited (VEDL.BO)

470.25 +21.80 (+4.86%) At close: 03:54PM IST

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: 

Key executives

Name	Title	Pay	Exercised	Year born
Mr. Navin Kumar Agarwal	Executive Vice Chairman	214.45M	N/A	1961
Mr. Ajay Kumar Goel	Chief Financial Officer	2.97M	N/A	1975
Ms. Prerna Halwasiya	Deputy Head Investor Relations, Company Secretary & Compliance Officer	4.64M	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	1970
Mr. Shrikant Saboo	Director of Group Commercial, Marketing & Risk	N/A	N/A	N/A
Ms. Madhu Srivastava	Chief Human Resources Officer	19.8M	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 INR.

Description

Vedanta Limited, a diversified natural resources company, explores, extracts, and processes minerals, and oil and gas in India, Europe, China, the United States, Mexico, and internationally. The company operates through seven reportable segments: Copper, Aluminium, Iron Ore, Power, Zinc India, Zinc International, Oil and Gas, and Others. It explores, produces, and sells oil and gas, zinc, lead, silver, copper, aluminum, steel, pig iron, chrome ores, and metallurgical coke. The company also operates a thermal coal-based commercial power facility of 600 megawatts (MW) at Jharsuguda in Odisha; a 1,200 MW thermal coal-based power plants in the Chhattisgarh; 1,980 MW thermal coal- based commercial power facilities in Punjab; wind power plants; a 1,000 MW coal-based power plant at Nellore, Andhra Pradesh; wind power plants; and power plants located 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; offers port/berth services; and manufactures glass substrates, semiconductor, display glass panels, ferro alloys, and slag cements. 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.

Corporate governance

Vedanta Limited’s ISS governance QualityScore as of 1 June 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.