Veedol Corporation Limited — Dividend/Bonus, 12-11-2024: Dividend

The Board of Directors of Veedol Corporation Limited has declared a first interim dividend of 1000% (Rs. 20 per share) for the financial year 2024-25. The record date for this dividend has been set for November 22, 2024, with payment expected to be made by December 10, 2024. The Board also approved the unaudited financial results for the quarter and half-year ended September 30, 2024, showing a profit of Rs. 46.28 Cr for the half-year, slightly down from Rs. 47.31 Cr in the same period last year. Additionally, governance changes include the resignation of Smt. Rashmi Joshi as Group CFO and the appointment of Shri Upendra Gadre in her stead, effective January 1, 2025.