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Veritas Asset Management LLP
institutional manager voting report
- Vote records reported
- 428year to 30 June 2026
- Against management
- 51.9%222 of 428 marked votes
- Say-on-pay support
- 45.7%for, of for + against + abstain
- Shareholder-proposal support
- not reportednot reported by managers
foragainstabstain, withhold or otheramber tick: the portion cast against management
In its Form N-PX for the year to 30 June 2026, Veritas Asset Management LLP listed 428 vote records. Votes against management made up 51.9% of those marked either way (222 of 428); the median institutional manager stood at 6.4%.
Weighted by the number of shares voted, the against-management share is 54.2%. The two figures differ when the votes against management fall on larger or smaller holdings than the rest.
On pay and on shareholder proposals: it voted for 45.7% of the section 14A say-on-pay items it reported (the median institutional manager: 91.4%).
By category, votes against management were most frequent in SECTION 14A SAY-ON-PAY VOTES (51.9% of 428).
It reported 765,715 shares out on loan at record dates, 3.41% of the shares it held or had lent across the meetings it reported. Shares on loan are not voted.
Compared with other filers
Each rate is defined once, in the methodology. The median is taken over 2,628 institutional managers with at least 25 vote records in the season.
| year to 30 June 2026 | This filer | Median institutional manager | All filers pooled |
|---|---|---|---|
| Against-management share | 51.9% | 6.4% | 10.6% |
| Say-on-pay support rate | 45.7% | 91.4% | 86.0% |
| Shareholder-proposal support rate | not reported | 41.1% | 33.9% |
| Shares on loan, share of shares held | 3.41% | 0.00% | 3.12% |
| Largest families, year to 30 June 2026 | Against management | Say-on-pay support | Shareholder-proposal support |
|---|---|---|---|
| Vanguard | 20.1% | 94.1% | 42.0% |
| BlackRock and iShares | 7.5% | 88.3% | 11.9% |
| Fidelity | 6.0% | 94.7% | 27.6% |
| Dimensional | 16.4% | 78.9% | 57.4% |
| State Street and SPDR | 16.9% | 77.1% | 50.4% |
Votes by category
Filers choose one or more categories for each vote, so a vote can appear in more than one row. Category names are printed as Form N-PX defines them.
| Category (as the form names it) | Votes | For | Against | Against management | Split |
|---|---|---|---|---|---|
| SECTION 14A SAY-ON-PAY VOTES | 428 | 187 | 222 | 51.9% |
By season
| Season | Vote records | Against management | Say-on-pay support | Shareholder-proposal support | Split |
|---|---|---|---|---|---|
| year to 30 June 2024 | 29 | 17.2% | 83.3% | not reported | |
| year to 30 June 2025 | 47 | 14.9% | 85.1% | not reported | |
| year to 30 June 2026 | 428 | 51.9% | 45.7% | not reported |
Say-on-pay votes against management
Counting one say-on-pay item per company meeting, Veritas Asset Management LLP voted against management on 10 of the 20 it marked either way (50.0%) in the year to 30 June 2026.
- Amazon.com, Inc. 20 May 2026
- UnitedHealth Group Incorporated 1 Jun 2026
- Zoetis Inc. 20 May 2026
- Waters Corporation 21 May 2026
- Becton, Dickinson and Company 27 Jan 2026
- Aon Plc 26 Jun 2026
- Charter Communications, Inc. 21 Apr 2026
- Hyatt Hotels Corporation 20 May 2026
- Bio-Rad Laboratories, Inc. 21 Apr 2026
- MSC Industrial Direct Co., Inc. 21 Jan 2026
Shareholder proposals it supported
Institutional managers report say-on-pay votes only, so no shareholder proposals appear here.
Shares on loan
Veritas Asset Management LLP reported 765,715 shares on loan at record dates against 21.7 million shares voted: 3.41% of the two together. Median institutional manager: 0.00%. Shares lent out at the record date cannot be voted by the lender, which is why Form N-PX asks for the figure. More on lending and votes.
The filings
These figures are read from the filer's own Form N-PX. If a vote on this page looks wrong, the filing is the record: a dispute about a filed vote is a matter for the filer, and an error in how this site read the filing is a matter for corrections.
- N-PX filed 14 Aug 2026 accession 0001172661-26-003635
- Every N-PX filing by this filer on EDGAR
Questions
How did Veritas Asset Management LLP vote on executive pay?
In the year to 30 June 2026 Veritas Asset Management LLP reported 409 votes in the category SECTION 14A SAY-ON-PAY VOTES that were cast for, against or abstain. 187 were for (45.7%), 222 against and 0 abstentions. Counting one item per company meeting, it voted against management on 10 of the 20 say-on-pay items it marked either way.
How often does Veritas Asset Management LLP vote against management?
51.9% of the time in the year to 30 June 2026: 222 of the 428 votes it marked as for or against management. Form N-PX asks each filer to state, vote by vote, whether the vote was for or against management's recommendation; this figure counts those marks.
Is this the result of the meetings?
No. Form N-PX shows how this filer voted the shares it held. It does not show how other shareholders voted or whether a proposal was approved. Companies report certified results separately, on Form 8-K.
Where does the data come from?
From the Form N-PX filings of this filer on the SEC's EDGAR system, read as filed. The SEC does not verify the contents. Amended filings (N-PX/A) replace the filings they amend. Data on this page runs through 23 Sep 2026.
Provenance: SEC EDGAR, Form N-PX and N-PX/A filings by Veritas Asset Management LLP (filer no. 1541448), read as filed and not verified by the SEC. Amended filings replace the filings they amend. Filings read through 23 Sep 2026; page built 26 Sep 2026.