Veljan Denison Limited appointed Mr. Ramesh Kumar Nimmagadda as an Additional Director (Non-Executive, Independent Director) for a term of five years effective May 30, 2026, subject to shareholder approval. The appointment, based on the recommendation of the Nomination and Remuneration Committee, was disclosed to the exchange pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Mr. Nimmagadda brings over four decades of administrative experience, including roles as Executive Officer of Tirumala Tirupati Devasthanams and Director General of the Administrative Staff College of India.

The Board affirmed that Mr. Nimmagadda is not debarred from holding the office of director by any order of SEBI or other authorities. He is not related to any Director or Key Managerial Personnel of the company and does not hold any equity shares as of the appointment date. The company confirmed that the necessary disclosures under Regulation 30 read with clause 7 of Para A of Annexure I of SEBI Circular dated November 11, 2024, have been provided.

Director Profile

Mr. Nimmagadda Ramesh Kumar is a distinguished Indian Administrative Service (IAS) officer of the 1982 batch of the Andhra Pradesh cadre. His extensive governance background includes serving as Commissioner of Commercial Taxes, Principal Secretary in various Andhra Pradesh government departments, and Special Chief Secretary to the Governors of Andhra Pradesh and Telangana. He also served as the State Election Commissioner of Andhra Pradesh.

Appointment Details

Veljan Denison Limited has announced that its board of directors will meet on Saturday, May 30, 2026, through video conference. The primary agenda of the meeting is to consider and approve the audited financial results for the fourth quarter and the financial year ending March 31, 2026. The board will review both standalone and consolidated financial statements during the session.

Agenda for the Meeting

The meeting will focus on two key items. First, the directors will examine the company's financial performance for the quarter and year ended March 31, 2026. Second, the board will deliberate on the recommendation of a final dividend for the financial year, subject to the approval of the financial results.

Trading Window Closure

In accordance with the amended SEBI (Prohibition of Insider Trading) Regulations, 2015, the company has closed the trading window for its designated persons. This includes directors, insiders, and their immediate family members. The restriction is effective from April 1, 2026, and will continue until 48 hours after the declaration of the audited financial results for the fourth quarter and financial year ended March 31, 2026.

Meeting Details

The company has requested the stock exchanges to take the above information on record. The outcome of the board meeting, including the financial results and any dividend declaration, will be disclosed following the conclusion of the proceedings.