Veedol Corporation Limited — Others, 28-05-2025: Change in Management

Veedol Corporation Limited has announced a board meeting where it approved the financial results for the quarter and half-year, accompanied by a clean audit report. The board proposed a final dividend of 1100% (Rs. 22 per share), amounting to Rs. 38.33 Cr, pending shareholder approval. The 102nd AGM will be held virtually. Key board updates include re-appointment of the cost auditor and Independent Directors Shri Praveen P Kadle and Smt. B.S. Sihag for another 5 years, extension of Shri Vinod S Vyas’s directorship beyond age 75, and appointment of Shri Kishore Saletore and Dr. Nitin R Gokarn as Independent Directors, ensuring continuity and strengthened governance.