Veritas (India) Limited logo

Veritas (India) Limited

Founded in 1985 headquartered in Maharashtra, India.

1985 Mumbai, Maharashtra (India) Active

About

Basic Data Updated:

4 months ago
Veritas (India) Limited (VIL) is a leading Public Limited Indian Non-Government Company incorporated in India on 21 March 1985 and has a history of 39 years and one month. Its registered office is in Mumbai, Maharashtra, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 512229.

The Corporate was formerly known as Duroflex Engineering Limited. The Company is engaged in the Chemicals And Resources Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized ... Read More

Industry

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Website
    1222442
  • Telephone
    1222442
  • Email Address
    1222442
  • Social Media
    1222442
CIN/LLPIN/FCRNL23209MH1985PLC035702
Company No.035702
Stock Symbol BSE : 512229
Company ClassificationPublic Limited Indian Non-Government Company
Incorporation Date21 Mar 1985
Date of AGM22 Sep 2023
Date of Balance Sheet31 Mar 2023
Listing StatusListed
ROC CodeRoc Mumbai

Financials of Veritas (India) Limited

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Veritas (India) Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 34.16% decrease. The company also saw a substantial fall in profitability, with a 35.98% decrease in profit. The company's net worth moved up by a moderate rise of 2.1%.

Enhance accessibility to Veritas (India)'s financial data by unlocking access to both Standalone and Consolidated balance sheets, Profit & Loss Statements, Ratios, Related Party Transactions, and additional relevant information.

Corporate Structure

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Unlock access to Veritas (India)'s control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

People in Veritas (India) Limited

Executive Team (2)

  • NM

    Nikhil Merchant In Managing Director

    Appointment Date: 07-Feb-2023

    Status: Current

  • RS

    Rajaram Shanbhag In CFO

    Appointment Date: 30-May-2014

    Status: Current

Board Members(5)

Charges (Loans)

Satisfied Charges

₹147.57 cr

LenderAmountStatus

Axis Bank Limited

Creation Date: 28 Jul 2010
₹130.25 CrSatisfied

Punjab National Bank

Creation Date: 19 Mar 2010
₹4.23 CrSatisfied

Punjab National Bank

Creation Date: 19 Mar 2010
₹4.23 CrSatisfied

Deals i

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Gain comprehensive insights into the Deals and Valuation data of Veritas (India), offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Veritas (India)'s trajectory.

Rating

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Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alert

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Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Related Corporates (Common Directorship)

  • Veritas Infra & Logistics Private Limited

    Veritas Infra & Logistics Private Limited

    Active build-icon 13 years 1 month

    Kunal Sharma is a mutual person

  • Veritas Agro Ventures Private Limited

    Veritas Agro Ventures Private Limited

    Active build-icon 13 years 3 months

    Kunal Sharma and Purvi Matani are mutual person

  • Swan Lng Private Limited

    Swan Lng Private Limited

    Active build-icon 11 years 2 months

    Rohinton Shroff and Vivek Merchant are mutual person

  • Swan International Private Limited

    Swan International Private Limited

    Active build-icon 41 years 9 months

    Nikhil Merchant is a mutual person

  • Hazel Infra Limited

    Hazel Infra Limited

    Active build-icon 15 years 11 months

    Vivek Merchant is a mutual person

  • Groupe Veritas Limited

    Groupe Veritas Limited

    Active build-icon 15 years 11 months

    Kunal Sharma is a mutual person

Recent activity within the organization

  • Activity

    Annual General Meeting

    Veritas (India) Limited last Annual general meeting of members was held on 22 Sep 2023 as per latest MCA records.

    22 Sep 2023
  • Activity

    Balance Sheet

    Veritas (India) Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023
  • Activity

    Director Appointment

    Rohinton Eruch Shroff was appointed as a Director was appointed as a Director on 23 Feb 2023 & has been associated with this company since 1 year 2 months .

    23 Feb 2023
  • Activity

    Director Appointment

    Nikhil Vasantlal Merchant was appointed as a Managing Director was appointed as a Managing Director on 07 Feb 2023 & has been associated with this company since 1 year 2 months .

    07 Feb 2023
  • Activity

    Director Appointment

    Kunal Sharma was appointed as a Director was appointed as a Director on 04 Sep 2020 & has been associated with this company since 3 years 7 months .

    04 Sep 2020

Recent News, Updates & Announcement

Frequently asked questions

What is the Incorporation or founding date of Veritas (India) Limited?

Veritas (India) Limited was incorporated 39 years 1 month ago on 21 Mar 1985 with Registrar of Companies Roc Mumbai.

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