- Advertisement -
BENGALURU: Indian assets conglomerate Vedanta Ltd on Monday named Holcim AG executive Sonal Shrivastava as its new chief monetary officer, efficient June 1.
The transfer comes as Vedanta’s dad or mum, Vedanta Resources, tries to trim its debt amid issues over its capacity to satisfy monetary obligations.
It additionally follows a lapse in Hindustan Zinc Ltd’s proposed deal to purchase zinc belongings from Vedanta for $2.98 billion.
Shrivastava joins Vedanta from the Holcim Group the place she labored as the CFO for Asia Pacific, Middle East & Africa operations, Vedanta stated in an announcement.
Last week, Vedanta posted a 68% hunch in fourth-quarter revenue amid declining costs of metals.
The transfer comes as Vedanta’s dad or mum, Vedanta Resources, tries to trim its debt amid issues over its capacity to satisfy monetary obligations.
It additionally follows a lapse in Hindustan Zinc Ltd’s proposed deal to purchase zinc belongings from Vedanta for $2.98 billion.
Shrivastava joins Vedanta from the Holcim Group the place she labored as the CFO for Asia Pacific, Middle East & Africa operations, Vedanta stated in an announcement.
Last week, Vedanta posted a 68% hunch in fourth-quarter revenue amid declining costs of metals.
- Advertisement -