Recent events
Recent events tied to this brand in public sources.
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2022
Foxconn and Vedanta agree to form a chip venture in India
Foxconn and Vedanta agreed to form a joint venture for a chip project in India. Foxconn said it would invest US$118.7 million and hold a 40% stake in the venture.
2021
Vedanta acquires Nicomet
Vedanta acquired Nicomet, a nickel and cobalt producer based in Goa. Vedanta said the acquisition makes it the sole producer of nickel in India.
2021
Vedanta offers MSMEs a limited-time purchase discount
Vedanta rolled out a promotional scheme for eligible manufacturing MSMEs, offering a discount of INR 500 per tonne on the first 500 tonnes purchased across specified metals. The scheme was scheduled to run through July 3, 2021.
2021
Vedanta Resources raises open-offer price and size for Vedanta Ltd
Vedanta Resources raised its open-offer price for shares in Vedanta Ltd to Rs 235 per share and increased the offer size to 651 million shares, representing a 17.5% stake. The open offer was scheduled to run from March 23 through April 7.
2021
Vedanta launches Aluminium Cylinder Head Alloy
Vedanta unveiled its Aluminium Cylinder Head Alloy for the domestic industry at an automotive raw-material localization event. The alloy is intended as a raw material for manufacturing cylinder heads and other automotive components.
2020
India's Supreme Court upholds enforcement of Vedanta arbitration award
India's Supreme Court set aside the Indian government's petition against enforcement of an arbitration award, backing Vedanta's entitlement to recover $499 million for developing the Ravva oil and gas fields.
2020
Vedanta appoints Sunil Duggal interim CEO
Vedanta appointed Sunil Duggal as interim CEO, with him taking additional charge from April 6.
2020
Vedanta CEO Srinivasan Venkatakrishnan to resign
Vedanta said CEO Srinivasan Venkatakrishnan resigned for personal reasons, effective at the close of business on April 5, 2020.
2020
Vedanta appoints Sunil Duggal interim CEO
Vedanta Limited appointed Sunil Duggal, then CEO of HZL, as its interim chief executive officer.
2020
Vedanta redesignates Navin Agarwal as executive vice-chairman
Vedanta redesignated Navin Agarwal as executive vice-chairman of its board, effective at the close of business on Friday, March 27, 2020.
2020
Vedanta appoints Anil Agarwal non-executive chairman
Vedanta Limited appointed Anil Agarwal as non-executive chairman and made Navin Agarwal executive vice-chairman of the board.
2020
Vedanta announces CEO Srinivasan Venkatakrishnan will step down
Vedanta announced that CEO and director Srinivasan Venkatakrishnan would step down effective April 5 for personal reasons.
2020
Vedanta unveils #KabhiSochaHaiKya TV commercial
Vedanta unveiled its first TV commercial themed #KabhiSochaHaiKya, part of its ‘Desh Ki Zarooraton Ke Liye’ brand campaign, and said it was launching the commercial across national television channels and multiplexes.