BSEVeritas (India) LtdMediumNeutral
Announced Thu, 5 Feb · 19:05 IST

1. Appointment of Mr. Jayaramakrishnan Kannan (DIN: 06551104) as an Additional Director in the category of Non-Executive Independent Director w.e.f. February 05, 2026. ....

Management Changes View source PDF

Price

Loading chart…

▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Veritas (India) Ltd's board approved three key changes on February 5, 2026. Mr. Jayaramakrishnan Kannan, a former TCS Vice President with about 40 years in IT, was appointed as an Additional Non-Executive Independent Director for a 5-year term, subject to shareholder approval via postal ballot. Mr. Narendra Vala, a Chartered Accountant with 11 years of experience in manufacturing, was appointed as the new Chief Financial Officer. Separately, Mr. Vijay Shah resigned as Independent Director citing personal preoccupation, confirming no other material reasons for his exit. The updated KMP team now consists of Mr. Paresh Merchant (Managing Director), Mr. Narendra Vala (CFO), and Mr. Amit A. Chavan (Company Secretary). The board meeting concluded in 35 minutes.

Likely market impact

This is a routine governance refresh — a new CFO and a seasoned IT-industry independent director replace a resigning independent director. No material impact on operations or shareholder value is expected from these changes.