Veedol Corporation Limited has informed the Exchange regarding Appointment of Mr Brajesh Kumar Srivastava as Non- Executive Director of the company w.e.f. August 26, 2025.
VEEDOL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Veedol Corporation has appointed Mr. Brajesh Kumar Srivastava (DIN: 09835338) as a Non-Executive and Non-Independent Director with effect from August 26, 2025, subject to shareholder approval through a postal ballot. The appointment was approved by the Board via a circular resolution on the same date. Mr. Srivastava is a postgraduate in Physics with an MBA in HR Management and brings over 32 years of experience across various Indian government ministries, currently serving as Deputy Secretary in the Ministry of Heavy Industries. He also holds a nominee director position on the board of Andrew Yule and Company Limited, suggesting this is a government nominee appointment. His appointment as a non-independent director means he is not classified as independent under listing rules.
This is a routine board-level appointment with no material impact on operations or financials. The presence of a government-nominee director reflects continued government involvement in the company and is unlikely to move the stock price.