Vertex Securities Announces Major Leadership Changes and Approves Q1 Results
By ScanX News Team
Vertex Securities Limited held a board meeting on July 29, 2025, approving Q2 2025 financial results and announcing significant leadership changes. George Pulingathil Mathew joins as Additional Non-Executive Independent Director, Meera Haridas becomes CFO, and Venkitesh Iyer takes on the role of Company Secretary & Compliance Officer. George Mampillil transitions from CFO to Non-Executive Non-Independent Director. The company also re-appointed M/s. Yogesh Sharma & Co. as Secretarial Auditor for five years.
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Vertex Securities Limited , a prominent player in the financial services sector, has announced significant leadership changes and approved its quarterly results in a recent board meeting. The company's board of directors convened on July 29, 2025, making several key decisions that are set to shape the firm's future.
Financial Results Approval
The board approved the unaudited standalone and consolidated financial results for the quarter ended June 30, 2025. While specific financial figures were not disclosed in the available information, this approval marks an important step in the company's financial reporting process.
Leadership Reshuffling
New Appointments
George Pulingathil Mathew has been appointed as an Additional Non-Executive Independent Director for a five-year term starting August 1, 2025. Mr. Mathew brings over 29 years of experience in corporate finance, accounts, costing, and secretarial functions. He is a Fellow Cost and Management Accountant (FCMA), Associate Company Secretary (ACS), and holds an MBA in Finance from IIM Kozhikode.
Meera Haridas, currently serving as Executive Director, has been appointed as the new Chief Financial Officer (CFO) effective August 1, 2025. Ms. Haridas is a Commerce graduate with an MBA in Marketing and boasts over 25 years of experience across various sectors including banking, financial services, healthcare, and manufacturing.
Venkitesh Iyer will take on the role of Company Secretary & Compliance Officer from August 18, 2025. Mr. Iyer, an Associate Member of the Institute of Company Secretaries of India, brings more than 10 years of experience in company secretarial and legal affairs, with particular expertise in various regulatory compliances.
Changes in Existing Roles
George Mampillil, who currently serves as Executive Director and CFO, will step down from his CFO position due to health reasons. He will be re-designated as a Non-Executive Non-Independent Director effective August 1, 2025. This change allows Mr. Mampillil to continue his association with the company while reducing his involvement in day-to-day operations.
Other Key Decisions
The board also re-appointed M/s. Yogesh Sharma & Co. as the company's Secretarial Auditor for a five-year term from 2025-26 to 2029-30, subject to shareholder approval at the upcoming Annual General Meeting.
These changes reflect Vertex Securities' commitment to maintaining strong corporate governance and adapting its leadership structure to meet future challenges. The appointments and re-designations are subject to shareholder approval, underlining the company's adherence to regulatory requirements and transparency in its decision-making process.
As Vertex Securities navigates these leadership transitions, stakeholders will be keenly watching how these changes impact the company's strategic direction and performance in the coming years.
Historical Stock Returns for Vertex Securities
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -1.41% | -1.87% | -8.11% | -21.39% | -25.31% | +392.94% |
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