Key Decision
Board of Directors of Veljan Denison Limited, at its meeting held on August 3, 2026, approved the re-appointment of Dr. Suresh Akella (DIN: 06931014) as a Non-Executive Independent Director of the Company for a second consecutive term of five years.
Term Details
The proposed term commences from September 30, 2026 and ends on September 29, 2031. The appointment is subject to approval of the shareholders of the Company by way of a Special Resolution.
Basis for Reappointment
The Board, based on the recommendation of the Nomination and Remuneration Committee, has considered that Dr. Suresh Akella continues to satisfy the criteria of independence as prescribed under the Companies Act, 2013 and the SEBI Listing Regulations. The Board determined that his continued association would be beneficial to the Company considering his qualifications, expertise and rich experience.
Director Profile
Dr. Suresh Akella is described as an accomplished professional with extensive experience in Manufacturing and FMCG. He possesses significant technology expertise and has made valuable contributions to the Board through his strategic guidance and independent oversight.
Compliance Confirmations
The Company confirms that Dr. Suresh Akella is not related to any Director of the Company. He is not debarred from holding the office of Director by virtue of any order passed by the Securities and Exchange Board of India or any other authority.