Veljan Denison Limited submitted a regulatory filing to BSE Limited regarding the resignation of Mr. Ramesh Kumar Nimmaggadda (DIN: 10506458) from his position as Independent Director of the Company.

The resignation was tendered via letter dated 10.11.2026 and becomes effective from 11.11.2026. The stated reason for resignation is Mr. Nimmaggadda's pre-occupation with his other professional responsibilities as Director General of Administrative Staff College of India, requiring his undivided attention during a challenging period.

Director Details

  • Name: Mr. Ramesh Kumar Nimmaggadda
  • DIN: 10506458
  • Date of Appointment: 30.05.2026
  • Date of Resignation: 10.11.2026
  • Effective Date of Resignation: 11.11.2026
  • Tenure: Approximately 5.5 months (from appointment to resignation)

Other Directorships and Committee Memberships

The resigning director holds directorships in the following listed entities:

1. TAJ GVK Hotels and Resorts Limited - Independent Director

2. Prasaditya ARC Limited - Independent Director

In Prasaditya ARC Limited, he serves as:

  • Chairman of the ACM (Audit Committee)
  • Member of Executive Committee
  • Member of CSR Committee
  • Member of NRC (Nomination and Remuneration Committee)

Confirmation and Disclosures

The company confirmed that there are no other material reasons for resignation beyond those stated in the resignation letter. The resignation letter and requisite disclosures were enclosed with the filing as required under Regulation 30 read with Schedule III of the SEBI LODR Regulations, 2015.

Resignation Letter Content

In his resignation letter addressed to the Company Secretary, Mr. Nimmaggadda mentioned that he had been persuaded by Shri. VV G Srinivas to become an Independent Director. He expressed that he enjoyed his brief time serving on the board, which provided new learning experiences, and thanked the management for their professional courtesies. He wished the company a great future under new and competent leadership.

The filing was signed by Ramyanka Yadav, Company Secretary & Compliance Officer of Veljan Denison Limited.