Veritas (India) Limited has published its postal ballot notice in newspapers and submitted the publication details to BSE Limited on March 14, 2026. The company is seeking shareholder approval for the appointment of Mr. Jayaramakrishnan Kannan as Non-Executive Independent Director through an exclusive e-voting process.

Newspaper Publication Details

The company published the postal ballot notice on March 14, 2026, in two newspapers to ensure wide dissemination of information to shareholders and the general public.

E-Voting Schedule and Process

The company will conduct the voting process exclusively through remote e-voting, eliminating the traditional physical postal ballot system. This approach aligns with the Ministry of Corporate Affairs circulars, including General Circular No. 03/2025 dated September 22, 2025.

Director Appointment Proposal

The postal ballot seeks shareholder approval through Special Resolution for appointing Mr. Jayaramakrishnan Kannan (DIN: 06551104) as Non-Executive Independent Director. The Board of Directors initially appointed Mr. Kannan as Additional Director on February 05, 2026, subject to shareholder approval.

Professional Background and Experience

Mr. Kannan brings extensive experience from the Information Technology sector, with approximately 40 years of industry expertise. His career includes over 30 years with Tata Consultancy Services (TCS), where he served in various leadership roles both in India and internationally, retiring as Vice President – Global Alliances.

His professional experience encompasses strategic alliances and business development, client relationship management with major global clients including American Express, Time Warner, Target, and Nasdaq, along with technology consulting and corporate strategy experience.

Compliance and Regulatory Framework

The postal ballot notice distribution complies with various regulatory requirements, including the Companies Act, 2013, SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and relevant MCA circulars. The notice has been made available on the company's website, BSE website, and NSDL's e-voting platform for shareholder access.

Veritas India Limited announced significant organizational changes following its Board of Directors meeting held on February 05, 2026. The company approved key management appointments and board restructuring alongside its previously reported Q3FY26 financial results, demonstrating continued corporate governance strengthening.

Board Appointments and Key Changes

The Board approved several important organizational changes effective February 05, 2026. Mr. Jayaramakrishnan Kannan was appointed as Additional Director in the category of Non-Executive Independent Director for a five-year term, subject to shareholder approval through postal ballot. The company also appointed Mr. Narendra Vala as Chief Financial Officer, strengthening its financial management team.

New Director Profile and Expertise

Mr. Jayaramakrishnan Kannan brings extensive industry experience, having retired from TCS as Vice President, Head – Global Alliances. He currently serves on boards of multiple companies including AiQOD, Mitraa, Amitech, Manisha Soft Solutions and Pillar Rocks. With around 40 years in the IT Industry and over 30 years with Tata Consultancy Services, he holds a post graduate degree in Management with specialization in Systems and Marketing from Bajaj Institute of Management, Mumbai.

CFO Appointment and Qualifications

Mr. Narendra Vala, the newly appointed Chief Financial Officer, is a Chartered Accountant with 11 years of experience in the manufacturing industry. His expertise spans corporate accounting, banking & fund management, statutory audits, taxation, and working capital management, positioning him well to support the company's financial operations and strategic initiatives.

Postal Ballot and Shareholder Approval

The Board approved conducting a postal ballot to seek shareholder approval for Mr. Jayaramakrishnan Kannan's appointment as Independent Director. The postal ballot notice dated February 05, 2026, will include a special resolution for his appointment, to be passed through remote e-voting mechanism, ensuring transparent shareholder participation in the governance process.

Updated Key Managerial Personnel

Following these changes, the company's updated Key Managerial Personnel authorized for determining materiality and making stock exchange disclosures includes Mr. Paresh Merchant as Managing Director, Mr. Narendra Vala as Chief Financial Officer, and Mr. Amit A. Chavan as Company Secretary & Compliance Officer. The Board meeting commenced at 5:00 PM and concluded at 5:35 PM on February 05, 2026.