Vedanta Revamps Board, Auditor Line-Up and Dividend Policy

Vedanta Limited ( (IN:VEDL) ) has shared an announcement.

Vedanta Limited’s board has approved the appointment of M S K A & Associates LLP as its new statutory auditor for a five-year term, replacing S.R. Batliboi & Co. LLP upon completion of the latter’s mandated tenure. The change underscores continuity in audit oversight with a firm that has broad assurance and advisory experience across industries and markets.

The company announced that independent director Pallavi Joshi Bakhru will step down on April 30, 2026, to avoid conflicts linked to her role at Grant Thornton Bharat LLP and upcoming auditor appointments within Vedanta Group entities. Vedanta has also named veteran central banker Meena Hemchandra as an additional non-executive independent director for a one-year term, and revised its dividend distribution policy from FY 2027 to formalize a capital allocation framework balancing shareholder returns with growth, deleveraging and financial resilience priorities.

More about Vedanta Limited

Vedanta Limited is a diversified natural resources company with interests spanning metals, mining, oil and gas, and power. The group operates across multiple geographies and market segments, focusing on large-scale resource extraction and processing to serve industrial and infrastructure demand in India and abroad.

Average Trading Volume: 951,783

Technical Sentiment Signal: Buy

Current Market Cap: 2903.9B INR

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