Outcome of Board Meeting

Ref: SEC/VDL/2026/024 November 09, 2026 BSE Limited National Stock Exchange of India Limited 20th Floor, P.J. Towers Exchange Plaza, C-1, Block G Dalal Street Bandra Kurla Complex, Bandra (E) Mumbai – 400001 Mumbai – 400051 Scrip Code: 544923 Scrip Symbol: VEEGALAND Dear Sir/Madam, Sub: Outcome of Board Meeting held on November 09, 2026 and various disclosures under SEBI (Listing Obligations and Disclosures Requirements) Regulations, 2015 (SEBI Listing Regulations) Pursuant to Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI Listing Regulations”), we hereby inform you that the Board of Directors of the Company, at its meeting held today, i.e., November 09, 2026, inter-alia, considered and approved the following business: Sl No. Particulars Details 1. Appointment of Dr. Based on recommendation of Nomination and George Sleeba (DIN: Remuneration Committee, the Board of 01217286) as an Directors has approved the appointment of Dr. Additional Director in the George Sleeba (DIN: 01217286) as an capacity of Whole-time Additional Director in the executive category. Director & Key Managerial Personnel. The Board of Directors have also approved his appointment as a Whole-time Director under the designation “Executive Director” for a term of 3 (Three) consecutive years from November 10, 2026 to November 09, 2029 subject to the approval of the shareholders through postal ballot process. Dr. George Sleeba has declared to the Company that he is not debarred from holding the office of Director in the Company, pursuant to any order received from Securities Exchange Board of India or any other authority. Veegaland Developers Limited (Formerly known as Veegaland Developers Private Limited) Registered Office: XXXV/564, 4th Floor, K C F Tower, BMC Road, Kakkanadu, Thrikkakara, Ernakulam – 682 021 Email ID: cs@veegaland.in Phone: 0484 - 2584004 CIN: L45201KL2007PLC021107 www.veegaland.com The requisite disclosure as required as per listing regulation and SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 last updated on 30th January, 2026 are enclosed in Annexure I. 2. Resignation of Mr. Kurian Mr. Kurian Thomas (DIN: 10279590) has Thomas (DIN: 10279590) tendered his resignation from the position of Whole-time Director and the Whole-time Director & Key Managerial Key Managerial Personnel Personnel of the Company, with effect from from the Board of the closure of business hours of November 09, Directors of the Company 2026, to pursue other interest / opportunities. Further, he has confirmed that there are no other material reasons for the resignation other than those mentioned in his resignation letter dated November 09, 2026. The requisite disclosure as required as per listing regulation and SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 last updated on 30th January, 2026 are enclosed in Annexure II. We are also enclosing the copy of the resignation letter received from Mr. Kurian Thomas as Annexure III. 3. Appointment of M/s. Based on the recommendation of the Audit Dedhia Shah & Partners Committee, the Board of Directors at its LLP, Peer Reviewed Firm meeting held today, has approved the of Company Secretaries appointment of M/s. Dedhia Shah & Partners in Practice (Firm LLP, Peer Reviewed Firm of Company registration number: Secretaries in Practice (Firm registration L2025MH019000), as number: L2025MH019000), as Secretarial Secretarial Auditors of Auditors of the Company for a period of five the Company consecutive years commencing from Financial Year 2026-27 till 2030-31, subject to approval of the shareholders of the Company through Postal Ballot process. The Board of Directors have also approved the postal ballot notice for appointment of Dr. George Sleeba and appointment of Secretarial Auditor. Veegaland Developers Limited (Formerly known as Veegaland Developers Private Limited) Registered Office: XXXV/564, 4th Floor, K C F Tower, BMC Road, Kakkanadu, Thrikkakara, Ernakulam – 682 021 Email ID: cs@veegaland.in Phone: 0484 - 2584004 CIN: L45201KL2007PLC021107 www.veegaland.com The Company further informs that the Trading Window for dealing in the securities of the Company, which was closed with effect from November 08, 2026, shall reopen with effect from Thursday, November 12, 2026. The Board meeting commenced at 1.30 P.M. and concluded at 3:00 P.M. The above disclosure is also being made available on the website of the Company at https://www.veegaland.com/ Kindly take the same on record. Thank You, For Veegaland Developers Limited Akshay Anand T S Company Secretary & Compliance Officer Membership No: A70026 Veegaland Developers Limited (Formerly known as Veegaland Developers Private Limited) Registered Office: XXXV/564, 4th Floor, K C F Tower, BMC Road, Kakkanadu, Thrikkakara, Ernakulam – 682 021 Email ID: cs@veegaland.in Phone: 0484 - 2584004 CIN: L45201KL2007PLC021107 www.veegaland.com Annexure I Details of appointment of Additional and Whole-time Director as required under Regulation 30 of the SEBI Listing Regulations read with Para A of Part A of Schedule III and the SEBI Master Circular. Sl Particulars Details 1. Name of the Director Dr. George Sleeba (DIN: 01217286) 2. Reason for change Appointment as an Additional Director and a Whole-time Director and Key Managerial Personnel 3. Date of appointment / With effect from November 10, 2026 for a term of 3 re-appointment years till November 09, 2029 and term of appointment 4. Brief profile Dr. George Sleeba is a distinguished business leader and institution builder with over four decades of experience in strategic leadership, corporate management, business development, marketing, organisational transformation and sustainable enterprise growth across public and private sector organisations. He is the Former Chairman and Managing Director of The Fertilisers and Chemicals Travancore Limited (FACT), a Schedule-A Central Public Sector Undertaking under the Government of India. During his tenure as CMD from July 2007 to November 2009, he successfully led FACT through a critical phase in its history, spearheading a major organisational and business turnaround. His leadership during this challenging period stands as a significant example of collective effort, organisational renewal and purposeful transformation. During his long association with FACT, he also served as Director (Technical) and Executive Director (Marketing & HRD), gaining extensive experience in corporate strategy, business operations, marketing, human resource development and organisational management. Veegaland Developers Limited (Formerly known as Veegaland Developers Private Limited) Registered Office: XXXV/564, 4th Floor, K C F Tower, BMC Road, Kakkanadu, Thrikkakara, Ernakulam – 682 021 Email ID: cs@veegaland.in Phone: 0484 - 2584004 CIN: L45201KL2007PLC021107 www.veegaland.com He has served as Managing Director of two Kerala State Public Sector Enterprises – The Travancore Cements Limited and The Travancore Sugars and Chemicals Limited – contributing to their business development, organisational improvement and revival initiatives. He has also served as a Consultant to the Government of Kerala for the revival of sick public sector enterprises. In the private sector, he served as Joint Managing Director of V-Guard Industries Limited and Chairman of its subsidiary, GUTS Electromech Limited, contributing to business and organisational development during an important phase of growth. Dr. Sleeba holds a Bachelor's Degree in Mechanical Engineering with First Class Honours from the University of Kerala, a Master's Degree in Industrial Engineering from IIT Madras, a Post Graduate Diploma in Management from the All India Management Association (AIMA), and a Ph.D. in Social Sciences from Cochin University of Science and Technology (CUSAT). He was also a British Council Scholar for a Senior Management Programme in the United Kingdom. He is a Fellow [Showing first 8,000 characters — download PDF for full document]