Veedol Corp recommends 1100% dividend, appoints new MD

Veedol Corporation Ltd's board approved the audited standalone and consolidated financial results for the year ended March 31, 2026, recommending a final dividend of 1100% (₹22 per share). The record date for dividend eligibility is set for July 17, 2026, with book closure from August 18 to August 24, 2026. The 103rd AGM will be held on August 24, 2026, via VC/OAVM. Rajendra Nath Ghosal is appointed as Additional Director and Managing Director from June 1, 2026, to March 31, 2027, following Arijit Basu's resignation as Managing Director effective May 31, 2026. Mandar Ghatnekar, Head Marketing, will also be relieved on May 31, 2026.