Announcement under Regulation 30 of SEBI Listing Regulations - 1. Re-appointment of Mr. Paresh Merchant as Managing Director, subject to approval of Shareholders; and 2. Appointment of ....
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
The Board of Directors of Veritas (India) Limited approved two items at their meeting on May 28, 2026. First, the re-appointment of Mr. Paresh Merchant as Managing Director for a further term of three years commencing December 28, 2026, subject to shareholder approval at the ensuing AGM. Second, the appointment of Mr. Murugan Pillai as Internal Auditor for FY 2026-27. Mr. Merchant has over 40 years of experience across textiles, real estate, energy, shipbuilding, and heavy engineering, and is an IIM Ahmedabad alumnus. The board meeting lasted from 5:00 PM to 6:10 PM.
The continuation of Mr. Merchant as Managing Director provides leadership stability for the company. The appointment of a new internal auditor enhances the company's internal audit function and governance framework.