Veritas Group Limited was incorporated as an exempted company limited in Bermuda, Registration number 51919, under the Companies Act, 1981.  Veritas has its registered office located in Bermuda at 69 Pitts Bay Road, Pembroke HM 08, Bermuda. 

Currently, there are 1,687,680 Common Shares Issued and outstanding.

The Company is offering 4,000,000 Common Shares at an offering price of $10.00 per share (the “Offering”) based on international recognised market driven evaluation.

The principal objective of Veritas Group Limited is to invest in high yield opportunities resulting in shareholder equity growth and yields.

In January 2019, the Company entered into a JV (joint venture) agreement with Ibert (Pty) Ltd the company that owns the IP (intellectual property) for the RaCBio technology.  RaCBio isa modular, scalable and mobile biogas technology.  Ibert has significant experience in traditional AD plants throughout Africa and utilised this hands-on experience in design and operation of biogas plants to commercialise “2^nd Generation biogas plants” the use bio-chemistry technologies.  This offers access to sustainable renewable energy at competitive prices.

In February 2020, the Issuer acquired all of the issued and outstanding shares of Low Voltage Switchboards (Pty) Ltd, (LVS), an electrical control and switchboard design and manufacturing company in South Africa.  LVS now operates as a wholly-owned subsidiary of Veritas Group Limited and will facilitate the production and supply of RaCBio biogas plants.

The plants will be supplied to various operators under a long-term lease agreement thus generating sustainable annuity income for the group.

Veritas Group Limited announced on 30 October 2020 the extension of the closing date in respect of the listing application for up to an additional 4,000,000 common shares by way of Private Placement at US$10.00 per share to December 31, 2020.