Ajay Dixit, MD of Vedanta’s oil and gas division Cairn, quits at month-end

NEW DELHI: Billionaire Anil Agarwal-led Vedanta Ltd’s oil and gas division Cairn CEO Ajay Dixit has decided to hang up his boots at month-end after completing his contractual term, becoming the fifth chief executive to leave the firm since it was taken over by the mining baron more than eight years back.

Dixit, who was appointed CEO of Cairn Oil and Gas in mid-April last year, has decided not to seek an extension of his contract when it comes to an end at the end of the month, sources with direct knowledge of the development said.