Corporate Governance

Anil Agarwal is the Chairman of Vedanta Group. 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.

Anil 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.

He believes that businesses must give back to the society and help them prosper. Hence, he has pledged 75% of his wealth for social good and 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. Anil 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. He 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.

Anil Kumar Agarwal is also on the Board of the following other Companies:

Indian Companies:

• Director - Vedanta Limited
• Director - Sterlite Technologies Limited
• Director - Anil Agarwal Foundation
• Director - Vedanta Iron and Steel Limited
• Director - Vedanta Aluminium Metal Limited
• Director - Vedanta Oil and Gas Limited

Foreign Companies:

• Director - Vedanta Resources Limited, UK
• Director - Conclave PTC Limited
• Director - Black Mountain Mining (Proprietary) Limited
• Director - Anil Agarwal Riverside Studios Trust

Rajinder Singh Ahuja, an electrical engineer from MANIT Bhopal, brings over 27 years of leadership experience across Safety, ESG, and Power projects. He began his career with the Aditya Birla Group and joined Vedanta in 2003.

A homegrown leader within the Vedanta Group, Rajinder has helmed diverse functions spanning project execution, commissioning, operations, business strategy, and HSE (Health, Safety & Environment). At Vedanta, he has played a pivotal role in the commissioning and operation of captive thermal, solar, and wind power plants at Hindustan Zinc Ltd., and later led HSE and Sustainability for Vedanta Limited, driving best-in-class standards across businesses.

In his current role as CEO – Power Business, Rajinder is spearheading Vedanta Power’s strategic transition as a demerged entity, driving the expansion of its 4.78 GW IPP (Independent Power Producer) portfolio, unlocking value through growth, efficiency, and cost optimisation, while setting new benchmarks in sustainability and HSE excellence.

Rajinder Singh Ahuja is also on the Board of the following other Companies:

Indian Companies:

• Director - Meenakshi Energy Limited

Tarun Jain brings over four decades of experience spanning corporate finance, audit and accounting, taxation, secretarial practice, and strategic financial management. His expertise extends to corporate strategy, business development, and mergers and acquisitions.

He is a Fellow Member of the Institute of Chartered Accountants of India, the Institute of Company Secretaries of India, and the Institute of Cost Accountants of India. Tarun Jain also serves as a director on the boards of Bharat Aluminium Co. Limited, Vedanta Medical Research Foundation, Aart Corporate Advisors Private Limited, Rajtaru Charity Foundation, Rushabhnath Digamber Jain Foundation, Jain International Trade Organisation, Shree Khandelwal Digamber and Jain Samaj Foundation.

He has previously held directorship positions at Vedanta Limited, Cairn India Limited, Sterlite Opportunities and Ventures Limited, and Vedanta Aluminium Limited.

Tarun Jain is also on the Board of the following other Companies:

Indian Companies:

• Director - Bharat Aluminium Co. Ltd
• Director - Aart Corporate Advisors Private Limited
• Director - Vedanta Medical Research Foundation
• Director - Rajtaru Charity Foundation
• Director - Rushabhnath Digamber Jain Foundation
• Director - Jain International Trade Organisation
• Director - Shree Khandelwal Digamber Jain Samaj Foundation

Suresh Balasubramaniam, a Chartered Accountant and Founder & CEO of Capital Express, brings 35 years of experience in investment banking and financial advisory. He has advised on a wide range of transactions, including equity and debt financing, mergers and acquisitions, international fundraising, and structured finance.

He previously served as Managing Director & CEO of American Orient Capital Partners, India (formerly AIA Capital), a pan-Asian financial advisory joint venture backed by AIG, UFJ Bank of Japan, and other global institutions.

Earlier in his career, Suresh held senior leadership roles at Credit Lyonnais Bank in India, where he led merchant banking, capital markets, project and structured finance, and correspondent banking. He was also a member of the bank’s apex committees, including management, credit, personnel, audit, and risk management.

Suresh has served on the Boards of Great Offshore Ltd., Dhanalakshmi Bank Ltd., and Asianet Communications Ltd. He brings with him deep expertise and longstanding relationships across corporates, banks, funds, and financial institutions.

Suresh Balasubramaniam is also on the Board of the following other Companies:

• Director - Quartet Financial Services Private Limited
• Director - Uniphos Enterprises Limited
• Director - Meenakshi Energy Limited

Roma Ashok Balwani is currently Director & Chief Mentor at Strategic Resources, a management advisory firm specialising in leadership development, ESG, brand strategy, and reputational risk management. Her recent venture, RB Foundation, focuses on purpose-driven brands and ESG maturity models.

Roma brings over four decades of experience across leading manufacturing organisations, including L&T, the Mahindra Group, and the Vedanta Group, where she has led diverse facets of strategic business. In her previous role, she served as President – Brand & Communications at the Vedanta Group.

She is an Independent Director at Godawari Power & Ispat Limited, part of the Hira Group, and previously served as an Independent Director at John Cockerill India Limited for nearly a decade, where she also chaired the NRC and CSR Committees. She is also a member of the TeamLease EdTech Advisory Board, which focuses on enterprise learning solutions.

Deeply committed to giving back, Roma is actively associated with disability cricket as the pro bono CEO and Brand Custodian of the Indian Differently-Abled Cricket Association (IDCA). She also champions deaf cricket, supporting hearing-impaired youth with sporting talent.

Roma has received numerous Indian and international awards and accolades. Her leadership journey has been featured in an academic research paper published by the International Journal of Critical Accounting. Additionally, her story has been chronicled in two recent publications—Sheroes Amongst Us: Real Women, Real Stories and Surge—where she is recognised as a thought leader in corporate communication.

Roma Ashok Balwani is also on the Board of the following other Companies:

Indian Companies:

• Director - Godawari Power and Ispat Limited

Rahul Arun Shetty is a UK-based investment professional and entrepreneur, currently serving as Founder & Director of Optimus Investments, a London-headquartered firm focused on real estate investment, asset management, and capital raising.

Rahul has over 14 years of experience in investment banking and real estate. Prior to Optimus, Rahul was an investment banker with bulge bracket banks such as Lehman Brothers, Nomura, and Barclays. He has raised £30m of investments from the UK for investments into Indian real estate. He previously managed a commercial real estate portfolio in the UK for a family office.

At Optimus, he focuses on UK real estate investments, structuring opportunities for international investors and managing development and asset portfolios. The firm operates out of London and has been active since 2019. He holds a degree in Computer Engineering and is an alumnus of Duke University.

Rahul A. Shetty is also on the Board of the following other Companies:

Indian Companies:

• Director - Pangeaar India Private Limited

Foreign Companies:

• Director - Optimus Investments Private Limited
• Director - Aares Enterprise Limited
• Director - Brave Private Limited
• Director - Samarpan UK Private Limited
• Director - Wellnexx Limited