Resignation of Mr. Rakesh Bharucha as Chief Financial Officer of the Company w.e.f. 17.11.2025.

Cfo ResignedKmp ResignedManagement Changes View source PDF Explain this filing

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Nifty Microcap 250market · in no size index; the smallest one is used+0.6%-2.6% vs market

Trading & Distributors peers, median of 130sector-0.7%-1.3% vs sector

On the reaction day the stock moved 2.6 pts less than Nifty Microcap 250 and 1.3 pts less than its Trading & Distributors peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

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AI summary

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.

Likely market impact

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.