Vedanta Limited announced key changes in its senior management structure following a Board of Directors meeting held on January 29, 2026. The mining and metals conglomerate has appointed a new Group Chief Human Resource Officer while acknowledging the departure of its current HR leadership.

Leadership Transition Details

The Board approved the appointment of Ms. Neha Sharma as Group Chief Human Resource Officer, designating her as Senior Management Personnel effective February 10, 2026. This decision was made on the recommendation of the Nomination & Remuneration Committee.

Outgoing Leadership Acknowledgment

Simultaneously, the Board took on record the resignation of Ms. Madhu Srivastava from her position as Group Chief Human Resource Officer. Her resignation becomes effective from close of business hours on January 31, 2026.

In her resignation letter dated January 27, 2026, Ms. Srivastava expressed gratitude for the opportunity to serve the group and highlighted her contribution to building leadership, culture, and people systems across the organization. The company acknowledged her valuable contributions and extended best wishes for her future endeavors.

New Appointee's Professional Background

Ms. Neha Sharma brings extensive global experience to her new role. She holds an MBA from MIT Sloan and has over 20 years of diverse HR experience across the United States, Mexico, and India. Her most recent role was at Unifi Aviation, where she led people strategy for more than 40,000 employees across 250+ airport locations spanning the U.S., Canada, and Europe.

Her professional expertise includes:

• Large-scale organizational transformation leadership
• Building leadership systems that enhance retention, reliability, and profitability
• Strategic thinking combined with frontline execution capabilities
• Experience in complex, high-velocity operational environments

Board Meeting Proceedings

The Board meeting, which addressed these senior management changes, commenced at 02:10 p.m. IST and concluded at 03:55 p.m. IST on January 29, 2026. This meeting was held in continuation of the company's earlier communication regarding its unaudited consolidated and standalone financial results for the third quarter and nine months ended December 31, 2025.

The company has fulfilled all disclosure requirements pursuant to the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, and SEBI Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024.

Vedanta Limited has announced a significant divestment decision involving its stake in Hindustan Zinc Limited. The company's Committee of Directors has approved the sale of a substantial portion of its HZL holdings through the stock exchange mechanism.

Committee Approval and Transaction Details

The duly authorized Committee of Directors of Vedanta Limited approved the sale on January 27, 2026, at around 04:15 PM IST. The transaction involves the disposal of equity shares through an offer for sale mechanism conducted via stock exchanges.

Regulatory Compliance Framework

The sale will be conducted in accordance with applicable laws and regulations governing such transactions. Vedanta Limited has ensured compliance with the circulars issued by the Securities and Exchange Board of India and the stock exchanges for offer for sale transactions.

The company has made this disclosure under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended. This regulation mandates listed companies to disclose material events and information that could impact investor decisions.

Transaction Structure and Mechanism

The divestment will be executed through the stock exchange mechanism, which provides transparency and fair price discovery for such transactions. The offer for sale route allows existing shareholders to sell their holdings to public investors through the exchange platform, ensuring regulatory oversight and market-driven pricing.

The transaction represents a strategic decision by Vedanta Limited to optimize its portfolio holdings. The sale of up to 6,70,00,000 HZL shares will be conducted following established market procedures and regulatory guidelines to ensure proper execution and compliance with all applicable requirements.