Veljan Denison Limited has approved the re-appointment of Dr. Suresh Akella as a Non-Executive Independent Director for a second consecutive term, subject to shareholder approval. The Board made the decision at its meeting held on August 3, 2026, based on the recommendation of the Nomination and Remuneration Committee. The new term is scheduled to commence on September 30, 2026, and will run until September 29, 2031. This appointment ensures continuity in independent oversight for the Hyderabad-based manufacturing company.

The move follows a review of Dr. Akella’s qualifications, expertise, and experience in Manufacturing and F&E (Fabrication & Erection). The Board determined that his continued association remains beneficial to the Company’s strategic guidance and governance. The re-appointment must be ratified by shareholders through a Special Resolution. Until such approval is granted, the appointment remains conditional.

Appointment Details

The key parameters of the proposed re-appointment are outlined below:

Regulatory Compliance and Independence

The disclosure was made pursuant to Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The Company also cited compliance with SEBI Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024. The Board confirmed that Dr. Akella satisfies the criteria of independence prescribed under the Companies Act, 2013 and the SEBI Listing Regulations.

Furthermore, the Company stated that Dr. Akella is not related to any other Director of the Company. He is also not debarred from holding the office of Director by virtue of any order passed by the Securities and Exchange Board of India or any other authority. The Nomination and Remuneration Committee recommended the re-appointment after verifying these independence criteria.

Profile and Expertise

Dr. Suresh Akella brings extensive experience in the Manufacturing and F&E sectors to the Board. His profile highlights significant expertise in technology and industry applications. The Board noted his valuable contributions through strategic guidance and independent oversight during his previous term. This background aligns with the Company’s operational focus and governance requirements for its independent directorship roles.

Veljan Denison Limited has appointed Prof. Sunaina Singh as an Additional Director in a non-executive, independent capacity for a term of five years. The appointment is effective from May 30, 2026, to May 29, 2031, and is subject to the approval of the shareholders. The decision was taken by the Board of Directors based on the recommendation of the Nomination and Remuneration Committee.

Prof. Sunaina Singh is an eminent academic leader and institution builder. She served as Vice Chancellor of Nalanda University from 2017 to 2023, where she led initiatives to strengthen academic and governance systems. Previously, she was the Vice Chancellor of The English and Foreign Languages University, implementing key reforms and securing NAAC 'A' Grade accreditation after 17 years.

The disclosure confirms that Prof. Sunaina Singh is not related to any Director or Key Managerial Personnel of the company. Furthermore, she does not hold any equity shares of the company as on the date of the appointment. The company affirmed that she is not debarred from holding the office of director by virtue of any order of SEBI or any other authority.

The appointment was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The Board and the Nomination and Remuneration Committee have verified the compliance of the appointment with regulatory requirements.

Appointment Details