Resignation of Mr. Rakesh Bharucha as Chief Financial Officer of the Company w.e.f. 17.11.2025.
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Veritas (India) Ltd has informed the stock exchanges that Mr. Rakesh Bharucha has resigned from the post of Chief Financial Officer (a Key Managerial Personnel) effective November 17, 2025. The resignation has been filed under Regulation 30 of the SEBI Listing Regulations, with the full resignation letter attached as Annexure A. In his letter, Mr. Bharucha cited the pursuit of other professional and personal interests as the reason, and did not flag any disagreements or concerns with the company. The communication was signed by Amit A. Chavan, Company Secretary & Compliance Officer.
This is a routine key managerial personnel change with no stated controversy, so the immediate market impact is likely limited. However, investors should watch for a timely appointment of a new CFO, as a prolonged gap in financial leadership could affect financial reporting and governance confidence.