Vedanta Limited has informed the Exchange regarding Notice of Postal Ballot
VEDL · price
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Vedanta Limited has issued a Postal Ballot Notice seeking shareholder approval via special resolution for the appointment of Mr. S.V. Murali Dhar Rao as a Non-Executive Independent Director for a one-year term from April 1, 2026 to March 31, 2027. Mr. Rao has over 30 years of experience in securities market regulation, having served as Executive Director at SEBI until January 2025. He previously worked across SEBI's key departments including Corporation Finance, Market Regulation, Investment Management, and Foreign Portfolio Investment. He is currently an Independent Director at Invesco Trustee Private Limited and a senior consultant at Khaitan & Co. E-voting is open from April 8, 2026 to May 7, 2026. The appointment requires approval by special resolution under SEBI Listing Regulations.
The appointment brings strong regulatory and capital markets expertise to Vedanta's board, which may positively signal governance strength to investors, particularly given Mr. Rao's deep SEBI background and oversight experience in market development and corporate finance reforms.