Quarterly Result20 May 2026, 10:31 pm
Veedol Corp declares 1100% final dividend for FY26
AI Summary
Veedol Corporation Ltd's board approved the audited standalone and consolidated financial results for the year ended March 31, 2026. A final dividend of 1100% (₹22 per share) was recommended, absorbing ₹38.33 crores, subject to shareholder approval at the AGM on August 24, 2026. The record date for dividend eligibility is July 17, 2026, with book closure from August 18-24, 2026. Rajendra Nath Ghosal was appointed as Additional and Managing Director from June 1, 2026, to March 31, 2027, following Arijit Basu's resignation. Mandar Ghatnekar, Head Marketing, will be relieved on May 31, 2026.
Key Highlights
- Approved audited financial results for the year ended March 31, 2026.
- Recommended a final dividend of 1100% (₹22 per share) for FY26.
- Record date for dividend eligibility is set for July 17, 2026.
- Rajendra Nath Ghosal appointed as Additional and Managing Director.
- Mandar Ghatnekar, Head Marketing, to be relieved on May 31, 2026.
Price Impact
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