Veljan Denison Ltd — Board Meeting, 30-05-2025: Board Meeting
Veljan Denison Limited has announced a board meeting on which it approved the audited standalone and consolidated financial results for the year ended March 31, 2025, with the statutory auditors issuing an unmodified opinion. The company reported standalone revenue of Rs. 141.58 Cr and profit after tax of Rs. 22.48 Cr, reflecting healthy growth over the previous year. The Board has proposed a final dividend of Rs. 8.50 per equity share of Rs. 10 each, subject to shareholder approval. Key management changes include the elevation of Sri Krishna Uppaluri from Executive Director & CEO to Managing Director & CEO, and the appointment of Vidya Sagar Gannamani as an Additional Independent Director. The registered office has been relocated to Balanagar, Hyderabad. New appointments for FY 2025-26 include M/s M V Narayana & Associates as Internal Auditors, M/s HNA & Associates as GST Auditors, and M/s Phani Chakravarthy & Associates as Secretarial Auditors. The company’s strong operational cash flow and controlled expenses indicate solid financial health supporting continued business stability and expansion.
