Anil Aggarwal's Vedanta today said that the company has approved the appointment of Ajay Goel as Chief Financial Officer (CFO).

Just 6 months after joining edtech major Byju's, Ajay Goyal has resigned and rejoined his old firm Vedanta. Let us tell you that Ajay Goyal was also the CFO of Byju.

According to media reports, Ajay Goyal will take over as CFO of Vedanta from October 30. Ajay Goyal will be the CFO of Vedanta as well as the Key Managerial Personnel (KMP) of the company.

Recently, Vedanta announced a large-scale demerger where Vedanta divided its business into six different entities.

According to media reports, Vedanta's current CFO Sonal Shrivastava joined Vedanta in June and informed Aniv Aggarwal about her resignation from the post only last month.

Companies like aluminum, oil and gas, power, steel and ferrous materials, and base materials will be separated from parent company Vedanta Resources Ltd and will be listed on the stock exchange. Vedanta's board members have also approved this demerge.

Ajay Goyal's resignation could be a blow to Byju's. Let us tell you that Byju has not yet announced the financial results for the year till March 31, 2022.

Yesterday i.e. on Monday, October 23, a decline of 3.37 percent was seen in the shares of Vedanta Limited. The company's shares fell by Rs 7.50 yesterday and closed at Rs 215.25. Today the market is closed on the occasion of Dussehra.