Corporate Governance

Anil Agarwal is the Non-Executive Chairman of Vedanta Limited. He has been the Executive Chairman of Vedanta Resources since March 2005. He founded the Vedanta Group in 1976 and has over four decades of entrepreneurial experience. He has helped shape the strategic vision of the Company to contribute to the larger purpose of uplifting communities.

Under his leadership. Vedanta has grown from an Indian domestic miner to a global natural resources group with a world-class portfolio of large diversified assets in oil & gas, zinc, silver, aluminium, copper, nickel, iron & steel and power that are capable of generating strong cash flows.

Mr. Agarwal’s vision is to empower the nation by achieving self-sufficiency in the natural resources sector. Over the years. he has invested over US$35 billion for the development of the natural resources sector in India. He has also been a strong advocate for the growth of the MSME sector and startups in India.

Mr. Agarwal believes that businesses must give back to the society and help them prosper. He has pledged 75% of his wealth for social good. He has signed The Giving Pledge, a movement of global philanthropists who have committed to giving away the majority of their wealth towards philanthropic and charitable causes. Mr. Agarwal is committed to promoting the well-being of the communities with a focus on women and child development. His dream project Nand Ghar, is developing model anganwadis across India that are focused on eradicating child malnutrition, providing education, healthcare and empowering women with skill development. Mr. Agarwal is also committed to nurturing the youth through the promotion of sports and grassroot talent by developing state of the art sports infrastructure in India.

The Anil Agarwal Foundation is committed towards empowering communities. transforming lives and facilitating nation building through sustainable and inclusive growth. The Foundation has teamed up with the Bill & Melinda Gates Foundation to improve health and nutritional outcomes.

Directorship in other companies–

• 1 Vedanta Limited
• Vedanta Resources Limited, UK
• Conclave PTC Limited
• Sterlite Technologies Limited
• Black Mountain Mining (Proprietary) Limited
• Anil Agarwal Foundation

Akarsh K. Hebbar is President in the Chairman’s Office of Vedanta Group and a member of the promoter family, working closely with the Group Chairman on strategic priorities, new business opportunities, and value creation initiatives across the portfolio.

He is the Chairman of V-Spark DeepTech Ventures, Vedanta’s platform focused on scaling breakthrough technologies from pilot to industrial deployment across the Group’s global operations. Under his leadership, V-Spark is building a pipeline of high-impact deeptech partnerships and co-investment opportunities.

He serves as Managing Director of AvanStrate Inc. (ASI), a global manufacturer of display glass substrates headquartered in Japan, with operations in Taiwan and South Korea, and part of the Vedanta Group. Akarsh is also leading Vedanta’s semiconductor and display initiatives, focused on building a globally competitive electronics manufacturing ecosystem in India.

He brings strong technology and strategy experience from his prior roles at Oracle, Google, and McKinsey.Based in Mumbai, he is passionate about building India’s deeptech and manufacturing ecosystem and actively mentors entrepreneurs. He also co-founded YODA, an animal welfare organization. A sports enthusiast, he promotes emerging sports such as padel and is the owner of the Vedanta Leopards team in the World Padel League (India).

He holds a BE in Electronics & Communications from Mumbai University and an MBA from London Business School.

Directorships in other Companies–

• Woka Creations Private Limited
• V-Spark Deeptech Ventures Private Limited
• Vedanta Displays Limited
• Vedanta Semiconductors Private Limited
• Avanstrate Japan Inc

Rajesh Kumar joined as CEO and Whole Time Director of Bharat Aluminium Company Limited on February 15, 2023. Mr. Kumar has over 35 years of diverse experience in operations, maintenance, project implementation, and productivity improvement in Tata Steel’s Indian and Thai units. He has overseen a wide range of functions, including profit centres, manufacturing, total quality management, operations, industrial safety, production and quality improvement, project engineering, digitization, logistics, human resource development, financial analysis, leadership and strategy.

Rajesh Kumar holds a bachelor’s degree in mechanical engineering (B. Tech) from Banaras Hindu University (IIT BHU) and is a gold medallist in finance from XLRI, Jamshedpur, where he did his master’s in business administration (MBA).

Directorships in other Companies-

• Bharat Aluminium Co. Ltd.
• Vedanta Medical Research Foundation
• Vedanta Base Metals Limited

Mr. Jalan is currently the board member of publicly listed and unlisted companies and is actively engaged in the investing ecosystem.
He is a Chartered Accountant with over 4 decades of experience in large-scale metals and mining businesses.
He served as Group CFO of Vedanta Resources Plc UK and CFO of Vedanta Limited, until superannuation in September 2016. He possesses deep expertise in enhancing shareholders’ value by improving capital management, operational efficiencies, and the highest level of governance structure.
His current Board position includes role as Vice Chairman of Gallant Ispat Ltd and Independent Director within the Vedanta and HDFC Group of companies.
His career includes leadership roles at the Aditya Birla Group and Sterlite Industries (now Vedanta), spanning CEO and CFO positions, turnarounds, M&A, capital raising, and strategic planning.

Directorships in other Companies-

• Swaranand Foundation
• STL Networks Limited
• HDFC Trustee Company Limited
• Gallantt Ispat Ltd

Dr. T.K. Chand has over three decades of experience across the mining and manufacturing sectors, including steel, coal and aluminium. He has previously served as Chairman cum Managing Director of National Aluminium Company Limited (NALCO), a Navratna CPSU, where during his tenure he led a significant turnaround resulting in a three fold increase in profits and established NALCO as one of the world’s lowest cost producers of bauxite and alumina. He has also held leadership positions as Chairman of Khanij Bidesh India Limited (KABIL) and Utkarsha Aluminium Dhatu Nigam Limited, and as Vice Chairman of Jawaharlal Nehru Aluminium Research Development and Design Centre (JNARDDC).

Dr. Chand has earlier served as Director on the boards of Visakhapatnam Steel Plant and Central Coalfields Limited, contributing to business growth, capacity expansion and development of new resources. He has been closely associated with shaping long term strategy for the aluminium sector, including formulation of industry roadmaps and development of new business verticals such as green energy and critical minerals. He is also the author of books on the aluminium and mining sectors and a recipient of several national awards and recognitions for professional excellence.

He is a Gold Medallist from Utkal University, Dr. Chand holds postgraduate qualifications in Public Administration and History, a degree in Law, and has undergone advanced management and corporate governance programmes in India and abroad

Directorship in other companies-

• Odisha Special Grade Alumina Limited
• TP Southern Odisha Distribution Limited
• Swarnagarbha Mining & Mineral Private Limited
• Min Minerals Private Limited

Dr. Mona Sharma is a retired Indian Administrative Service (IAS) officer of the Odisha cadre (1989 batch) with extensive experience in public administration and policy making at the senior most levels of state government. She has held key leadership positions in the Government of Odisha, including serving as Principal Secretary and subsequently as Additional Chief Secretary, where she was responsible for the Forest, Environment & Climate Change Department. In these roles, she oversaw environmental governance, forestry management, climate related initiatives, and statutory and regulatory processes, and also served as Chairperson of the Odisha Forest Development Corporation (OFDC).

Earlier, Dr. Sharma served as Principal Secretary, Rural Development Department, and handled several sensitive and high impact portfolios involving policy formulation, programme implementation, and inter departmental coordination. She is a graduate in medicine and surgery and is recognised for her deep experience in sustainability, environmental regulation, natural resource management, and public policy, particularly relevant to sectors such as mining, infrastructure and environment related clearances. Following her superannuation from the IAS in 2023, she brings valuable regulatory, governance and public sector insight to board level roles where policy interface and sustainability oversight are critical.

She holds M.B.B.S degree from Government Medical College, Patiala

Directorship in other companies – None