Source: Business Wire
Monday, April 04, 2011 11:55 AM IST (06:25 AM GMT)
Editors: General: People; Business: Business services, Heavy industries, Mining companies
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(BW)(STERLITE-INDUSTRIES)(SLT)(STERLITEIND)Sterlite Industries (India) Limited Intimation Regarding Change in Chief Executive Officer (CEO) and Chief Financial Officer (CFO)
Mumbai, Maharashtra, India, Monday, April 04, 2011 -- (Business Wire India) --
The Board of Directors of Sterlite Industries (India) Limited ("Sterlite") have approved the change in its Chief Executive Officer (CEO) and Chief Financial Officer (CFO). Mr.Mahendra Singh Mehta has been appointed as the CEO of Sterlite Industries (India) Limited consequent to transfer of Mr.R Kishore Kumar as the CEO for Africa Operations which include the newly acquired zinc assets in Namibia, South Africa and Ireland.
The Board also approved the appointment of Mr.Din Dayal Jalan as the Chief Financial Officer (CFO) of Sterlite Industries (India) Limited.
The above appointment comes into immediate effect.
About Sterlite Industries
Sterlite Industries is India's largest non-ferrous metals and mining company with interests and operations in aluminium, copper, zinc and lead and power. It is a subsidiary of Vedanta Resources plc, a London-based diversified FTSE 100 metals and mining group. Sterlite Industries' main operating subsidiaries are Hindustan Zinc Limited for its zinc and lead operations; Copper Mines of Tasmania Pty Limited for its copper operations in Australia; and Bharat Aluminium Company Limited for its aluminium operations. The company operates its own copper operations in India. The company has entered the commercial energy generation business and is in the process of setting up a 2,400MW independent power plant through its wholly owned subsidiary, Sterlite Energy Limited. Sterlite Industries is listed on the Bombay Stock Exchange and National Stock Exchange in India and the New York Stock Exchange in the United States. For more information, please visit www.sterlite-industries.com.
Disclaimer
This press release contains "forward-looking statements" - that is, statements related to future, not past, events. In this context, forward-looking statements often address our expected future business and financial performance, and often contain words such as "expects," "anticipates," "intends," "plans," "believes," "seeks," "should" or "will." Forward-looking statements by their nature address matters that are, to different degrees, uncertain. For us, uncertainties arise from the behaviour of financial and metals markets including the London Metal Exchange, fluctuations in interest and or exchange rates and metal prices; from future integration of acquired businesses; and from numerous other matters. of national, regional and global scale, including those of a political, economic, business, competitive or regulatory nature. These uncertainties may cause our actual future results to be materially different that those expressed in our forward-looking statements. We do not undertake to update our forward-looking statements.
CONTACT DETAILS
CONTACTS :
Sterlite Industries (India) Limited
Ashwin Bajaj, +91 22 6646 1531
Senior Vice President - Investor Relations
sterlite.ir@vedanta.co.in
or
Sheetal Khanduja, +91 22 6646 1531
AGM - Investor Relations
sterlite.ir@vedanta.co.in
KEYWORDS
PEOPLE, BUSINESS SERVICES, HEAVY INDUSTRIES, MINING
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