Veronica Production Limited has strengthened its governance structure by appointing Mrs. Sangitaben Sanjaybhai Sanghani as an Additional Non-Executive Independent Director. The appointment, effective June 2, 2026, is for a period of five consecutive years and is subject to the approval of regulatory and statutory authorities as well as the company's shareholders. This strategic move aims to bolster the Board's oversight capabilities.

The decision was taken during a Board meeting held on June 2, 2026, based on the recommendation of the Nomination and Remuneration Committee. Alongside the appointment, the Board approved the reconstitution of various committees to align with the new leadership structure. The meeting commenced at 04:00 PM and concluded at 04:20 PM.

Mrs. Sangitaben Sanjaybhai Sanghani brings over five years of experience in Agro Trading and Marketing to the role. According to disclosures required under SEBI Circular No. CIR/CFD/CMD/4/2015 dated September 9, 2015, she holds no directorships in other listed entities and has no familial or professional relationships with the existing directors of Veronica Production Limited.

The company confirmed that Mrs. Sanghani is not debarred from holding the position of a director by virtue of any SEBI order or any other regulatory authority. The appointment is part of the company's compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Details of Appointment

Veronica Production Limited has notified BSE Limited of the resignation of Ms. Sweta Rasikbhai Panchal (DIN: 10298714) from the position of Independent Director, with effect from 05 May 2026. The intimation was made in pursuance of Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with Schedule III of the Listing Regulations. The company's Managing Director, Nirbhaybhai Dhruvbhai Dave (DIN: 10439618), signed and submitted the disclosure on 05 May 2026.

Resignation Details

Ms. Panchal cited pre-occupancy as the reason for stepping down from her role. In her resignation letter addressed to the Board of Directors of Veronica Production Limited, she confirmed that there are no other material reasons for her resignation beyond those stated. The Board has been requested to relieve her from her duties effective from the date of signing of her resignation letter, and to submit the necessary forms with the office of the respective Registrar of Companies.

The key details of the resignation, as disclosed under SEBI Circular No. CIR/CFD/CMD/4/2015 dated 09 September 2015, are summarised below:

Directorships Held in Other Listed Entities

As part of the mandatory disclosure requirements for a resigning Independent Director, Ms. Panchal's directorships in other listed entities have been disclosed. She holds directorships in the following companies:

• Kenrik Industries Limited
• MPF Systems Limited
• Raghuvir Exim Limited

Regulatory Compliance

The disclosure was made in compliance with Regulation 30 of the SEBI (LODR) Regulations, 2015. Ms. Panchal's confirmation that no other material reasons exist beyond pre-occupancy has been provided in the enclosed resignation letter, fulfilling the additional information requirements applicable to resigning Independent Directors under the applicable SEBI circular.