Veritas India Regularises Independent Director Appointment Following Postal Ballot

Veritas (India) Limited has officially regularised the appointment of Mr. Jayaramakrishnan Kannan (DIN: 06551104) as Non-Executive Independent Director following the successful completion of its postal ballot process. The company announced the regularisation on April 14, 2026, after shareholders approved the special resolution with overwhelming support on April 13, 2026.

Appointment Details and Term

The regularisation confirms Mr. Kannan's appointment for a first term of five consecutive years, commencing from February 05, 2026, up to February 04, 2031. He was initially appointed as an Additional Director in the capacity of Non-Executive Independent Director on February 05, 2026, subject to shareholder approval.

Appointment Details	Information
Director Name	Mr. Jayaramakrishnan Kannan
DIN	06551104
Initial Appointment Date	February 05, 2026
Term Duration	5 consecutive years
Term End Date	February 04, 2031
Position	Non-Executive Independent Director

Postal Ballot Results and Shareholder Support

The postal ballot results revealed exceptional confidence in the proposed appointment across all shareholder categories. The comprehensive voting statistics demonstrate strong participation and support:

Category	Shares Held	Votes Polled	Participation (%)	Votes in Favour	Votes Against	Support (%)
Promoter and Promoter Group	14,747,161	14,747,161	100.00	14,747,161	0	100.00
Public-Institutions	2,600,236	0	0.00	0	0	0.00
Public-Non Institutions	9,462,603	20,137	0.21	19,812	325	98.39
Total	26,810,000	14,767,298	55.08	14,766,973	325	99.9978

Director Profile and Experience

Mr. Jayaramakrishnan Kannan brings extensive industry experience to the board, having retired from TCS as Vice President, Head – Global Alliances. He currently serves on the boards of AiQOD, Mitraa, Amitech, Manisha Soft Solutions, and Pillar Rocks, while also advising Check Point, Krya, Method Hub, and Mitraa Deep Tech.

Professional Background	Details
Education	Post Graduate in Management (Systems & Marketing)
Institute	Bajaj Institute of Management, Mumbai
Industry Experience	Around 40 years in IT Industry
TCS Tenure	Over 30 years in various positions
Previous Role	Vice President, Head – Global Alliances at TCS
NSDC Involvement	Proposal Approval Committee Member (2016-2024)

Regulatory Compliance and Process

The postal ballot process was conducted in accordance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Mr. Jignesh M. Pandya of M/s. Jignesh M. Pandya & Co. served as the appointed scrutinizer, ensuring transparency and compliance throughout the voting process.

Process Details	Information
E-voting Period	March 15, 2026 (9:00 AM) to April 13, 2026 (5:00 PM)
E-voting Provider	National Securities Depository Limited (NSDL)
Record Date	March 6, 2026
Total Eligible Shareholders	6,895
Scrutinizer	Mr. Jignesh M. Pandya (CS, Membership No. 7346)

The company has confirmed that Mr. Kannan is not related to any existing directors and has provided confirmation that he is not debarred from holding the office of Director by virtue of any order passed by SEBI or any other authority. The regularisation strengthens Veritas (India) Limited's board composition and demonstrates strong shareholder confidence in the company's governance decisions.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+1.98%	+10.31%	+3.62%	-45.29%	-57.72%	+158.93%

Veritas (India) Limited has fulfilled its regulatory obligations by submitting the mandatory quarterly certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended March 31, 2026. The submission was made to BSE Limited on April 02, 2026, demonstrating the company's commitment to regulatory compliance.

Regulatory Compliance Details

The certificate was issued by MUFG Intime India Private Limited (formerly Link Intime India Private Limited), which serves as the registrar and share transfer agent for Veritas (India) Limited. The document confirms that all securities received from depository participants for dematerialisation during Q4FY26 were properly processed within prescribed timelines.

Parameter:	Details
Regulation:	SEBI Regulation 74(5)
Quarter Covered:	Q4FY26 (ended March 31, 2026)
Submission Date:	April 02, 2026
Registrar:	MUFG Intime India Private Limited
BSE Scrip Code:	512229

Certificate Confirmation Process

MUFG Intime India Private Limited confirmed several key compliance aspects in their certificate dated April 01, 2026. The registrar verified that securities received from depository participants during the quarter were properly confirmed to the depositories and that all securities comprised in the certificates have been listed on stock exchanges where the company's earlier issued securities are listed.

The certificate also confirms that security certificates received for dematerialisation were properly mutilated and cancelled after due verification by the depository participant. Additionally, the names of the depositories have been substituted in the register of members as the registered owner within the prescribed timelines.

Company and Registrar Information

Veritas (India) Limited, incorporated under CIN L23209MH1985PLC035702, operates from Floor-1, Plot-18, Vakil Building, S S Ram Gulam Marg, New Custom House, Ballard Estate, Mumbai 400001. The company secretary and compliance officer, Amit A. Chavan, signed the submission letter digitally on April 02, 2026.

MUFG Intime India Private Limited, with CIN U67190MH1999PTC118368, is registered at C-101, Embassy 247, L.B.S. Marg, Vikhroli (West), Mumbai - 400083. The certificate was signed by Ashok Shetty, Sr. Vice President-Corporate Registry, confirming the company's compliance with dematerialisation regulations for the quarter.