In pursuance of the Reg 30. of SEBI(LODR) Regulations,2015- Announcement regarding the Appointment of Mr. Ramesh Kumar Nimmagadda ( DIN.10506458) as Additional Director( Independent Director) ....
VELJAN · price
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Veljan Denison Ltd has appointed Mr. Ramesh Kumar Nimmagadda as an Additional Director in an Independent capacity for a term of 5 years (May 30, 2026 to May 29, 2031). The appointment was made based on the recommendation of the Nomination and Remuneration Committee and is subject to shareholder approval. Mr. Nimmagadda is a distinguished Indian Administrative Service (IAS) officer from the 1982 batch with over 40 years of experience in public administration, having served in key positions including Executive Officer of Tirumala Tirupati Devasthanams, Commissioner of Commercial Taxes, and currently as Director General of Administrative Staff College of India (ASCI). He is not related to any existing Director or Key Managerial Personnel and does not hold any equity shares in the company.
The appointment strengthens the board's independence and governance standards with an experienced administrator. As an Independent Director appointment subject to shareholder approval, it is a routine governance update with no immediate material impact on stock price.