This press release contains "forward-looking statements" – that is, statements related to future, not past, events. New Delhi, March 5, 2019: Vedanta Limited today announced the appointment of Mr. Ajay Kapur as the Chief Executive Officer of its Aluminium and Power business and member of Group’s Executive Committee. The group has operations in India, Australia, and Zambia. The company is conferred with the Confederation of Indian Industry (CII) 'Sustainable Plus Platinum label', ranking among the top 10 most sustainable companies in India. Vedanta Limited - Aluminium & Power, Jharsuguda. Suman Peswani. As a Chartered Accountant, Arun has over 21 years of experience at global companies such as Hindustan Unilever India and General Electric. VEDANTA, JHARSUGUDA Abhijit joined the Vedanta Group in 2008. Vedanta has operations in India, … Jharsuguda Area, India. One of the largest single location plant in the world with capacity of 1.75 Million ton of Aluminium and 3615 MW Power plant (Turnover of approx. Ajay Kapur CEO - Aluminium & Power at Vedanta. document.getElementById('cloak6629a6786dd082848af85d619069828b').innerHTML = ''; New Delhi: Vedanta Ltd has emerged as the highest bidder for Radhikapur west coal block located in Angul district of Odisha at a distance of about 190 km from the company's Jharsuguda aluminium smelter. var path = 'hr' + 'ef' + '='; I am excited to join Vedanta as CEO for aluminium and power...", Kapur said. 19 February 2018 CFO South Africa Pushpender Singla has been the Chief Financial Officer of Vedanta Zinc International since October 2016. Vedanta limited (formerly Sesa Goa / Sterlite) is one of the many Indian subsidiaries of Vedanta resources and operates iron ore mines in Goa. Importantly, Ajay always puts a strong focus on safety and sustainable development and he will further sharpen focus on this crucial aspect at our aluminium business.". Ajay Kapur CEO - Aluminium & Power at Vedanta Ajay Kapur is Chief Executive Officer - Aluminium & Power at Vedanta, Indias largest aluminium producer. They are the primary partner to the Odisha Govt. Kapur joins Vedanta from Ambuja Cements, where he was the managing director and CEO for its … MUMBAI, India, Sept. 30, 2016 /PRNewswire/ -- Vedanta Limited announces that Arun Kumar, who is currently Deputy Chief Financial Officer at Vedanta, has been appointed Chief Financial Officer of the Vedanta group. “Ajay will provide leadership for unlocking the full potential of our aluminium & power business, which is a $ 10 billion asset with a revenue of $ 6 billion. Vedanta Ltd has said Sunil Duggal, the CEO of its subsidiary Hindustan Zinc Ltd, ... Sesa Goa Iron Ore, Vedanta Aluminium and Electrosteel Steels Ltd are headed by chief executive officers. Along with Mathur, Pankaj Kalra, the chief financial officer of Cairn India, which is now a part of Vedanta Ltd after its merger with the parent, has also resigned, sources privy to the development said. Vedanta Limited - Aluminium Business. He is also part of Vedanta’s Group Executive Committee. I am excited to join Vedanta as CEO for Aluminium and Power where I see a great opportunity for growing the business and unlock its true potential in one of the fastest growing economies in the world, where the per capita consumption of natural resources is still nascent. Forward–looking statements by their nature address matters that are, to different degrees, uncertain. Kapur joins Vedanta from Ambuja Cements, where he was the managing director and CEO for its India business. Tom Albanese, CEO of Vedanta Ltd, believes the metals sector has finally bottomed out and could be retracing its steps to mirror the buoyant second-half of 2009. I am excited to join Vedanta as CEO for aluminium and power...", Kapur said. Cairn India chief executive Sudhir Mathur has resigned from the company, the fourth CEO to quit the firm since it was taken over by mining billionaire Anil Agarwal-led Vedanta Group seven years back. Vedanta Resources plc (Vedanta) is a London listed diversified global natural resources company. Vedanta’s sustained efforts towards attaining highest standards of corporate governance have been recognized most recently in the India Disclosure Index 2018 compiled by FTI Consulting that analyses the disclosure practices of the top 100 publicly listed corporations. Aug 2017 – Nov 2019 2 years 4 months. PRESS RELEASE SUNIL DUGGAL TAKES OVER AS VEDANTA CEO 14 August 2020: Vedanta Limited announced that industry veteran and former CEO of Hindustan Zinc Ltd, Sunil Duggal is elevated as Chief Executive Officer of the company.. In 2014, he moved into his current role as Executive Vice President Finance & Deputy CFO, responsible for enhancing the capability of the finance function in the areas of accounting, risk management, driving value creation, strategic planning, re-financing, board reporting and governance and direct taxation. It’s TTM based EPS is healthy at Rs 24.89 and P/E ratio at 7.03x.Its 5 yearly ROE and ROCE are also promising. Vedanta Aluminium & Power Business, a producer of aluminium, directs its efforts towards increasing its production of aluminium and is investing in the development of high-quality value-added products that enable the company to create a wide range of offerings. The coal block is an optimal fit for Jharsuguda smelter, given its logistical location and annual capacity, the company said. Kapur joins Vedanta from Ambuja Cements, where he was the managing director and CEO for its … He is also a part of Vedantas Group Executive Committee. New Delhi: Vedanta on Friday reported 61.8 per cent decline in consolidated net profit at Rs 824 crore for the quarter ended September 30, 2020 on the back of one time tax expense. US$ 3 bln) CFO JSC ArcelorMittal Temirtau. His enormous experience in the infrastructure sector will definitely work towards driving growth of India’s largest aluminium capacity. Vedanta produces 2.3 million tonnes of aluminium per annum, generates 8 giga watts of power, and operates 2 MTPA of alumina refinery. Aluminium. I am excited to join Vedanta as CEO for aluminium and power...", Kapur said. Vedanta is a leading producer of Oil & Gas, Zinc, Lead, Silver, Copper, Iron Ore, Aluminium, Steel and Commercial Power. Abhijit Pati CEO, Vedanta Aluminium the Strategic Metal OdishaLIVE. PTI; April 11, 2019, 17:06 IST Governance and Sustainable Development are at the core of Vedanta's strategy, with a strong focus on health, safety and environment and on enhancing lives of the local communities. Read more about Vedanta appoints Ajay Kapur as CEO of aluminium, power business on Business Standard. Prior to joining the Jharsuguda operations, since 2016 Singh was at the helm of affairs at Talwandi Sabo Power Ltd., a wholly owned subsidiary of Vedanta Limited, as Chief Operating Officer. A presence across India, South Africa, Namibia, Australia and Ireland and are. India in December 2011 week on business Standard is the CEO, quit... At global companies such as Hindustan Unilever India and General Electric of rich and diverse experience across business.! 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