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AGM/EGM3 Sept 2026, 07:20 pm

Veritas (India) Ltd: Paresh Merchant Re-appointed MD for 3 Years

AI Summary

Veritas (India) Ltd announced that its shareholders, at the 41st Annual General Meeting held on September 03, 2026, approved the re-appointment of Mr. Paresh V. Merchant as Managing Director. His term has been extended for a further period of three years, commencing from December 28, 2026. Mr. Merchant brings over 40 years of experience across various industries and is an alumnus of IIM Ahmedabad. He is not related to any other director on the board and is not debarred from holding a directorial position by any regulatory authority.

Key Highlights

  • Shareholders approved re-appointment of Mr. Paresh V. Merchant as MD.
  • New term of three years commences from December 28, 2026.
  • Mr. Merchant has over 40 years of diverse industry experience.
  • He is an IIM Ahmedabad alumnus with a finance background.
  • Mr. Merchant is not related to any other director of the company.