About Veritas (India) Ltd 
Veritas (India) Ltd
Small Cap
Trading
Incorporated in 1985, Veritas (India) Limited is engaged in the business of imports, export, trading and distribution of chemicals, metals and machinery. The Company is also engaged in the generation of wind energy in the State of Maharashtra and Tamil Nadu States. The Company generates power through wind mills. The Company's segments include,Trading & Distribution and Wind Power Generation. During 2010, the Company set up two new Wind Mills for Power generation at Tirunelveli Dist.
Company Coordinates 
Company Details
Veritas House 3rd Floor, Mint Road Fort Mumbai Maharashtra : 400001
Registrar Details
Mondkar Computers Pvt Ltd , 21 Shakil Niwas , Opp. Satya Saibaba Temple, Mahakali Caves Road, Andheri (E), Mumbai
Capital Structure 
Present Equity Capital
INR 2.68 Cr
Number of Shares
2.68 Cr
Face Value
INR 1.0
Date
Number
of Shares(Cr)
of Shares(Cr)
Equity
Capital (Rs Cr)
Capital (Rs Cr)
Shares Added
Face Value (Rs)
Reason
27-Jul-2015
2.68
2.68
2600000
1
Allotment of Equity To Others
27-Jul-2015
2.68
2.68
2600000
1
Allotment of Equity To Others
28-Jun-2010
2.42
2.42
21789000
1
Stock Split
28-Jun-2010
2.42
2.42
21789000
1
Stock Split
27-Mar-2010
24.21
2.42
1425000
10
Conversion of Warrants
27-Mar-2010
24.21
2.42
1425000
10
Conversion of Warrants
Shareholding Snapshot
Shareholding Compare (%holding) 
Majority shareholders
Promoters
Pledged Promoter Holdings
None
Mutual Funds
Held by 0 Schemes
FIIs
Held by 2 FIIs (9.7%)
Promoter with highest holding
Swan Energy Limited (55.01%)
Highest Public shareholder
Onix Assets Limited (11.19%)
Individual Investors Holdings
13.4%
Management
Designation
Remuneration
Vijay Shah.
Independent Director
42.0 k
Purvi Matani
Independent Director
42.0 k
Kunal Sharma
Non Executive Director
0
Nikhil Merchant
Chairman & Managing Director
0
VIVEK PARESH MERCHANT
Non Executive Director
0
Rohinton Eruch Shroff
Independent Director
0
Raw Materials Dashboard 
Raw Materials
Amount(Rs Cr)
% of RM Cost
Puchases of Traded Goods
706.64929
0%
Puchases of Traded Goods
Finished Goods Dashboard 
Finished Goods
Amount(Rs Cr)
% of Sales Turnover
Traded and Developed Goods
524.06
99.84%
Electricity
0.83
0.16%
Traded and Developed Goods
Traded and Developed Goods
Electricity
Electricity
Revenue and Profits:
Net Sales:
1,642 Cr
(Quarterly Results - Dec 2024)
Net Profit:
30 Cr
Trading
INR 1,009 Cr (Small Cap)
7.00
22
0.01%
0.03
7.87%
0.39