MUMBAI: Vedanta Group chairman Anil Agarwal has ruled out handing over the reins of the over $15-billion business empire to his children and said he hasn't yet chalked out a succession plan. Agarwal, however, added that the metals-to-oil group will always be run by professionals. "Agarwal's son, Agnivesh, 41, is the non-executive chairman of Hindustan Zinc and also manages Fujairah Gold in Dubai. The stock options will be offered to 35% of the employees, ranging from the junior grade engineer to senior executives. And these will be issued at the face value of Vedanta's share, which is Rs 10.

Source: Times of India October 22, 2017 22:30 UTC