Veljan Denison MD and AGM
NSE: VELJANBSE: 505232Industrial ProductsSmall Cap
Share price at the NSE close on 30 Oct 2026. Previous close ₹2,091.50.
30 Oct: open ₹2,049.70, high ₹2,049.70, low ₹2,049.70
- Delivery only: shares bought must be paid for in full, with no selling on the same day.
- Market capMarket capitalisation. Share price times the number of shares: what the whole company is worth at the day's price. The rank is by average market value over the six months to Jun 2026, among listed companies. Market capitalisation: how it is worked out
- ₹922 Cr1,868th largest listed
- P/EPrice to earnings, trailing. Market cap divided by the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, after the share of the other owners of its subsidiaries: what investors pay for each rupee of a year's profit. Price to earnings, trailing: how it is worked out
- 35.23
- P/BPrice to book. Market cap divided by the net worth that belongs to the company's own shareholders, its assets less everything it owes and less the other owners' share of its subsidiaries, on its latest balance sheet. Price to book: how it is worked out
- 3.68
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- 0.41%
- ROEReturn on equity. Profit over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, as a percentage of their net worth, the money they have in the business. Net worth is the average of the latest balance sheet and the one a year before it.
- 11.0%
- ROCEReturn on capital employed. Operating profit after depreciation (revenue less operating expenses and depreciation, without other income and one-off items) as a percentage of all the money the business runs on: the whole group's net worth, the other owners of its subsidiaries included, plus borrowings. Lease liabilities are not counted: the results filings do not state them. The profit is over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly); net worth and borrowings are on the latest balance sheet.
- 13.3%
- Debt to equityDebt to equity. Borrowings divided by the whole group's net worth, the other owners of its subsidiaries included: rupees borrowed for each rupee of equity in the business. Lease liabilities are not counted: the results filings do not state them. From the balance sheet at the end of Mar 2026.
- 0.00
- Volume, NSEVolume. Shares traded on the last trading day. Volume in the glossary
- 14
Veljan Denison's managing director is SRI KRISHNA UPPALURI, as filed for the quarter to Sep 2026. Its latest annual general meeting was on 29 Aug 2026.
Veljan Denison board of directors
At the end of the quarter to Sep 2026, as the company filed it; changes since are in its announcements.Their trades in its shares
- Managing directorSRI KRISHNA UPPALURI
- Company Secretary and Compliance OfficerK RAMYANKA YADAV
7 directors5 independent1 executive1 non-executive
- SURESH AKELLAIndependent · joined Sep 2021 · reappointed Aug 2026 · 60 months as independent · 1 listed board · 1 as independent · 1 committee seat, 1 as chair
- MANISH MOHAN MOTWANIIndependent · joined Feb 2024 · reappointed May 2024 · 60 months as independent · 2 listed boards · 1 as independent · 1 committee seat
- SRI KRISHNA UPPALURI · Managing directorExecutive · joined Sep 2020 · reappointed Sep 2023 · 60 months as independent · 1 listed board · 2 committee seats
- UMADEVI UPPALURINon-executive · joined Jul 2014 · 1 listed board
- VIDYASAGAR GANNAMANIIndependent · joined May 2025 · reappointed Aug 2025 · 60 months as independent · 0 listed boards · 1 as independent · 1 committee seat
- RAMESH KUMAR NIMMAGADDAIndependent · joined May 2026 · reappointed Aug 2026 · 60 months as independent · 2 listed boards · 2 as independent
- SUNAINA SINGHIndependent · joined May 2026 · reappointed Aug 2026 · 60 months as independent · 1 listed board · 1 as independent · 1 committee seat
An independent director has no business or family tie to the company, its promoters or its managers beyond the seat. Listed boards counts the boards of listed companies the director sits on, this one included, and "as independent" how many of those seats are independent ones. Committee seats are audit and stakeholder committee seats across those companies. Months as independent is filed for independent directors only, whose terms the rules cap. Disqualified is the company's own mark that a director may not serve under company law.
2 directors who left
- VELAMATI GANGADHAR SRINIVAS, left 7 Sep 2026: Others
- NARAYANA RAO GARAPATY, left 15 Sep 2025: Tenure Completion
Committees and meetings
Who sits on each, and how often they met.Board meeting notices and outcomes
Board
- 3 Aug 20266 of 8 present3 independent · 64 days in between
- 30 May 20266 of 6 present3 independent
Audit Committee
Chair SURESH AKELLA
MANISH MOHAN MOTWANI, VIDYASAGAR GANNAMANI, SRI KRISHNA UPPALURI
- 3 Aug 20263 of 4 present3 independent · 64 days in between
- 30 May 20264 of 4 present3 independent
Nomination and remuneration committee
Chair VIDYASAGAR GANNAMANI
MANISH MOHAN MOTWANI, UMADEVI UPPALURI
- 3 Aug 20262 of 3 present1 independent · 64 days in between
- 30 May 20263 of 3 present2 independent
Stakeholders Relationship Committee
SURESH AKELLA, SRI KRISHNA UPPALURI
- 3 Aug 20263 of 3 present1 independent · 172 days in between
- 11 Feb 20263 of 3 present1 independent
Corporate Social Responsibility Committee
Chair UMADEVI UPPALURI
VIDYASAGAR GANNAMANI
No meeting listed in the filing.
Independent Director
Chair SURESH AKELLA
MANISH MOHAN MOTWANI, VIDYASAGAR GANNAMANI
No meeting listed in the filing.
Meetings in the quarter filed and the one before it. The days in between are as the company files them, neither meeting's day counted; the rules allow at most 120. A quorum is the least number of members who must attend for the meeting to decide anything.
Statutory auditor
Named in the results for the quarter to Mar 2026.
- Brahmayya & CoPeer-review certificate valid to Feb 2028
A statutory auditor checks the company's accounts and signs its results. Peer review is the accountants' institute's check of an audit firm's own work, which a listed company's auditor must hold a valid certificate of.
Veljan Denison AGM and shareholder votes
Each resolution, how the votes went, and how institutions voted apart from the promoters. A postal ballot is a vote by post or online, held without a meeting.Veljan Denison dividend history
Annual general meeting, 29 Aug 2026
4,118 shareholders on the register on 21 Aug 2026; present: 3 promoters and 52 others; votes counted by Nadupalli Phani Chakravarthy / Chakravarthy & Associates.The company's voting result
To receive, consider and adopt the Standalone and Consolidated Audited Balance Sheets as at March 31, 2026, the Statement of Profit and Loss and Cash Flow Statement for the year ended on that date together with the Notes attached thereto, along with the Report of Auditors and Directors thereon.MoreLess
OrdinaryPromoters have an interest in it100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 49.18% · promoters 63.16% · institutions 0.00% · other public 7.30%
- To declare a final dividend of Rs. 8.50/- per equity share of Rs. 10/- each on the paid-up capital of Rs. 4.50 Crores for the financial year ended March 31, 2026.OrdinaryPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 49.18% · promoters 63.16% · institutions 0.00% · other public 7.30%
- To appoint a Director in place of Mr.V G Srinivas (DIN.00181826), who retires by rotation and being eligible, offers himself for re-appointment.OrdinaryPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.11%
Turnout: all 49.18% · promoters 63.16% · institutions 0.00% · other public 7.30%
- Appointment of Mr. Ramesh Kumar Nimmagadda (DIN 10506458) as an Independent Director of the Company:Special100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.11%
Turnout: all 49.18% · promoters 63.16% · institutions 0.00% · other public 7.30%
- Appointment of Prof. Sunaina Singh (DIN. 08397250) as an Independent Director of the Company:Special100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 49.18% · promoters 63.16% · institutions 0.00% · other public 7.30%
- Re-appointment of Dr. A. Suresh (DIN: 06931014) as an Independent Director of the Company for a second consecutive term of five (5) years.Special100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.11%
Turnout: all 49.18% · promoters 63.16% · institutions 0.00% · other public 7.30%
- Adoption of New Memorandum of Association of the Company in conformity with the Companies Act, 2013Special100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.11%
Turnout: all 49.18% · promoters 63.16% · institutions 0.00% · other public 7.30%
- Adoption of New Articles of Association of the Company in conformity with the Companies Act, 2013Special100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.11%
Turnout: all 49.18% · promoters 63.16% · institutions 0.00% · other public 7.30%
- Alteration of the Main Objects Clause of the Memorandum of Association of the Company:Special100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.11%
Turnout: all 49.18% · promoters 63.16% · institutions 0.00% · other public 7.30%
- Ratification of the remuneration of Cost Accountants for the financial year 2026-27:Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.11%
Turnout: all 49.18% · promoters 63.16% · institutions 0.00% · other public 7.30%
- To approve material related party transaction to be entered with M/s. Veljan Hydrair Limited, Associate company:SpecialPromoters have an interest in it99.89% for0.11% against
Against: promoters 0.00% · institutions 0.00% · other public 0.11%
Turnout: all 1.82% · promoters 0.00% · institutions 0.00% · other public 7.29%
- To approve material related party transaction to be entered with M/s.Suxus Systems Limited, Associate company:SpecialPromoters have an interest in it99.89% for0.11% against
Against: promoters 0.00% · institutions 0.00% · other public 0.11%
Turnout: all 1.82% · promoters 0.00% · institutions 0.00% · other public 7.29%
- To approve material related party transaction to be entered with M/s. ECMAT Limited, Associate company:SpecialPromoters have an interest in it99.89% for0.11% against
Against: promoters 0.00% · institutions 0.00% · other public 0.11%
Turnout: all 1.82% · promoters 0.00% · institutions 0.00% · other public 7.29%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Tax disputes
Reported in the filing for the quarter to Sep 2026.
- Tax disputeGST AUTHORITY (OFFICE OF THE COMMISSIONER OF CUSTOMS AND CENTRAL TAX APPEALS-II COMMISSIONERATE)HYDERABAD (FY.18-19)Since 18 Mar 2026APPEALLED AT THE GST APPEALLATE TRIBUNALAt the filing before: APPEALLED on 12-06-2026
- Tax disputeGST AUTHORITY (OFFICE OF THE COMMISSIONER OF CUSTOMS AND CENTRAL TAX APPEALS-II COMMISSIONERATE)HYDERABAD (FY 19 to FY 2022)Since 30 Jun 2026APPEALLED AT THE GST APPEALLATE TRIBUNALAt the filing before: APPEALLED on 25-06-2026
In the company's own words, from its latest governance filing.
Investor complaints and compliance
Quarter by quarter.
Investor complaints received and resolved, the company's own count
- Received
- Resolved
Open at the quarter's end
- The board is made up as the listing rules require
- Yes
- The board has a regular chairperson
- Yes
- The company has a risk management committee
- No
- The chair is related to the managing director
- Yes
- The filing has a part on fines and penalties
- No
- The filing has a part on tax disputes
- Yes
- There was a cyber security incident in the quarter
- No
The company's own answers in its filing.