Sesa Sterlite Ltd, the recently merged Indian unit of London-listed Vedanta Resources Plc has announced that its promoter Anil Agarwal will be chairman emeritus from next month from non-executive chairman currently. Navin Agarwal, currently executive vice-chairman, has been appointed the chairman of the board of Sesa Sterlite, the statement said. “Mr. Anil Agarwal…will continue to provide his vision to the group, and play the role of chief mentor,” a company statement added.
Read the Live Mint news report here.