Abirami Financial Services Completes Regularization of Santhosh Veerappan as Non-Executive Independent Director
Abirami Financial Services India Ltd has formalized the appointment and regularization of Mr. Santhosh Veerappan as a Non-Executive Independent Director following a resolution passed by its members in a Postal Ballot on June 9, 2026.The company confirmed that the regularisation ensures Mr. Veerappan serves for a period of five years and is not liable to retire by rotation. The appointment, effective from April 27, 2026, confirms his role within the organization's governance structure.
Mr. Santhosh Veerappan is highlighted as a distinguished corporate governance professional with expertise spanning regulatory affairs, finance, and secretarial compliance, backed by ten years of experience. His professional background includes serving as the Company Secretary and Compliance Officer for a prominent listed manufacturer of wires and cables. Mr. Veerappan possesses extensive knowledge in navigating requirements set forth by the Ministry of Corporate Affairs (MCA), the Registrar of Companies (ROC), and major Stock Exchanges.
A qualified professional, Mr. Santhosh Veerappan has also dedicated time to investor education, serving as a Faculty for Stock Market Awareness Programs under the auspices of the National Stock Exchange (NSE). His career reflects a commitment to transparency and implementing robust governance frameworks across corporate entities.
Key details regarding the director's appointment are summarized below:
| Appointment Detail | Information |
|---|---|
| Name | Santhosh Veerappan (DIN: 11638469) |
| Role | Non-Executive Independent Director |
| Effective Date | April 27, 2026 |
| Tenure | Five years, not liable to retire by rotation |
In terms of corporate relationships and disclosures, the company confirmed that there is no shared relationship between directors, nor any relationship exists between him and any Key Managerial Personnel. Furthermore, Mr. Santhosh Veerappan is not debarred from holding the office of a Director by virtue of any SEBI Order or other such authority.
Stock Price Movement
At the close of trade today, Abirami Financial Services India Ltd. settled down 0.92%, with shares priced at ₹32.40. The stock traded within a narrow range during the session, fluctuating between an intraday high of ₹32.50 and a low of ₹32.40.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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