1. change in Designation of the Executive Director & CEO Mr.Sri Krishna Uppaluri as MD & CEO 2. Mr.Vidya Sagar G as an Additional Director 3. Internal Auditors 4. GST Auditors and ....
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Veljan Denison has redesignated Mr. Sri Krishna Uppaluri from Executive Director & CEO to Managing Director & CEO, effective May 30, 2025, until September 14, 2028. He has been on the board for over 4 years and the elevation is framed as succession planning after the demise of founder Late Sri VC Janardan Rao. Mr. Uppaluri is a direct relative of two existing Non-Executive Directors (Mr. Velamati Gangadhar Srinivas and Mrs. Uma Devi Uppaluri). The company also appointed Mr. Vidya Sagar Gannamani as Additional Independent Director — he brings international leadership experience from Adecco (Switzerland, Netherlands operations) and Royal Phillips. Additionally, M/s M V Narayana & Associates were re-appointed as Internal Auditors, M/s HNA & Associates as GST Auditors for FY 2025-26, and M/s Phani Chakravarthy & Associates as Secretarial Auditor for a 5-year term, subject to shareholder approval.
This is largely a continuity and succession update with no major disruption expected. The internal promotion ensures leadership stability, while the appointment of an internationally experienced independent director broadens board expertise. Multiple re-appointments of auditors suggest stable governance, though promoter family involvement in key leadership continues.