StockWatch
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Lubricants
Dividend20 May 2026, 10:41 pm

Veedol Corp: FY26 Final Dividend of 1100% (₹22/share) Recommended

AI Summary

Veedol Corporation Limited'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, subject to shareholder approval. The record date for dividend eligibility is set for July 17, 2026, with a book closure from August 18 to August 24, 2026. Mr. Rajendra Nath Ghosal has been re-appointed as an Additional Director and Managing Director from June 1, 2026, to March 31, 2027.

Key Highlights

  • Final dividend of 1100% (₹22 per share) recommended for FY26.
  • Record date for dividend is July 17, 2026; book closure from August 18-24, 2026.
  • Rajendra Nath Ghosal appointed as Additional Director and Managing Director.
  • 103rd AGM to be held on August 24, 2026, via VC/OAVM mode.
  • Standalone revenue from operations at ₹1,546.96 Cr for FY26.