TIDE WATER OIL (INDIA) LTD.

Veedol Corporation Ltd has been assigned an ESG Rating of 'Crisil ESG 61' (Strong) for FY 2025-26 by Crisil ESG Ratings & Analytics Ltd. The company clarified that this rating was assigned voluntarily by Crisil and not at the company's engagement. Crisil independently prepared the report using publicly available data for FY 2025-26. The rating is an ESG Rating and distinct from credit ratings.

Standard Greases & Specialities Pvt Ltd (SGSPL) has disclosed its acquisition of 2,95,000 equity shares, representing 1.69% of the total paid-up equity share capital, in Veedol Corporation Limited. This acquisition is part of a composite scheme of arrangement involving the amalgamation of Janus Consolidated Finance Private Limited with SGSPL. SGSPL is a promoter of Veedol Corporation, and Janus is part of the promoter group. The transaction is exempted from making an open offer under Regulation 10(1)(a)(ii) of SEBI (SAST) Regulations. Following the acquisition, SGSPL's shareholding in Veedol Corporation increases from 38.59% to 40.28%. The disclosure was made under Regulation 10(6) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011.

Veedol Corporation Limited has announced the resignation of Mr. Tapas Saha, Head - IT (SMP), effective from the close of business on Tuesday, 6th October 2026. This disclosure is made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Mr. Saha's resignation is a result of careful deliberation regarding his long-term career aspirations. He expressed gratitude for the opportunity to contribute to the company's digital transformation and strategic IT initiatives.

Veedol Corporation Ltd announced the outcome of its 355th Board Meeting held on August 10, 2026. The board approved the standalone and consolidated unaudited financial results for the quarter ended June 30, 2026, and took on record the limited review reports. Additionally, the company received intimation regarding an off-market inter-se transfer of 2,95,000 equity shares (1.69% holding) between entities within the promoter and promoter group, facilitated by the amalgamation of Janus Consolidated Finance Private Limited with Standard Greases and Specialities Private Limited. This transfer, scheduled for August 14, 2026, does not alter the aggregate holding of the promoter and promoter group.

Veedol Corporation's consolidated Q1 FY27 (quarter ended June 30, 2026) print is a clean margin beat: revenue rose 18.3% YoY to ₹608.57 Cr (from ₹514.28 Cr) while PAT jumped 56.9% YoY to ₹77.92 Cr (from ₹49.67 Cr), with no exceptional items in either period, so the growth is entirely operating — no adjustment needed. NPM expanded to 12.80% from 9.56% a year ago, and OPM (profit before JV share and tax, as % of revenue) widened to 15.37% from 11.44%. Sequentially revenue was flat (+0.3% QoQ, ₹606.98 Cr in Q4 FY26) but PAT still rose 35.6% QoQ on the same margin expansion (Q4 FY26 NPM was 9.41%) — so this is not a seasonal QoQ pop, the margin gain holds up against both comparison periods. The bridge sits in expenses growing slower than revenue (Total Expenses +12.0% YoY to ₹518.90 Cr vs. +18.3% revenue growth), helped by a large favourable swing in the inventory line (change in inventories of finished goods moved from a ₹7.76 Cr credit to a ₹56.76 Cr credit YoY). But the more material point is where the growth originated: standalone India revenue grew only 5.2% YoY to ₹392.30 Cr, and standalone PAT actually fell 46.4% QoQ (though still +60.7% YoY on ₹26.18 Cr) — while the auditor's review report shows six overseas subsidiaries (Veedol International, Veedol International FZCO, Veedol UK/Granville/Ireland) alone contributed ₹218 Cr of revenue and ₹57.60 Cr of PAT, roughly 74% of consolidated PAT, plus an ₹8.22 Cr equity-accounted share from the Eneos VCL India joint venture (up from ₹7.57 Cr YoY). The consolidated growth story this quarter is a subsidiary/international one, not a standalone-India one; a reader looking only at the standalone print would see a far more muted quarter. There is no formal analyst coverage or consensus estimate available for this result — it is a thinly-covered small-cap and a web search turned up no Q1 FY27 preview or estimate — and the company has no prior guidance on record, so vs-street and vs-guidance cannot be assessed; management also issued no accompanying press release beyond the exchange filing. The one corporate development disclosed alongside the results is a promoter-group inter-se transfer of 1.69% of equity (2,95,000 shares) from Janus Consolidated Finance to Standard Greases & Specialities, pursuant to an internal amalgamation scheme; aggregate promoter holding is unchanged at 40.28%, so it has no read-through for the operating numbers.

Veedol Corporation Limited has received a disclosure regarding the proposed acquisition of 2,95,000 equity shares, representing 1.69% of the voting share capital. This acquisition is an off-market inter-se transfer between entities within the Promoter and Promoter Group. The transaction is part of a Composite Scheme of Arrangement involving the amalgamation of Janus Consolidated Finance Private Limited with Standard Greases and Specialities Private Limited. Standard Greases and Specialities Private Limited is a promoter of Veedol Corporation, and Janus Consolidated Finance Private Limited is part of the promoter group. The acquisition is exempt from making an open offer under SEBI (SAST) Regulations, 2011.

Veedol Corporation Ltd has submitted its Business Responsibility and Sustainability Report (BRSR) for the financial year ended March 31, 2026. The report, filed as per SEBI regulations, details the company's corporate identity, operational footprint across 36 Indian states/UTs and 6 international countries, and its diversified customer base in both B2C and B2B segments. Key disclosures include its primary business of manufacturing and selling lubricating oils and greases, contributing 100% to turnover. The report also outlines employee and worker statistics, with a total of 401 employees and 521 workers as of the financial year-end. Assurance on BRSR Core parameters was provided by Tirkha Consultants & Advisors LLP.

Veedol Corporation Ltd has submitted its Annual Report for the financial year 2025-26, along with the notice for its 103rd Annual General Meeting (AGM). The report, available on the company's website, includes audited standalone and consolidated financial statements. The AGM notice is being sent to shareholders via email. The report highlights Veedol's theme 'Forward. Stronger. Smarter. Advancing Progress Responsibly,' emphasizing adaptation, innovation, and commitment to values like integrity and long-term thinking. Veedol, established in 1928, is a global lubricant manufacturer with operations in over 70 countries, supported by extensive manufacturing and R&D facilities in India and strategic international acquisitions and joint ventures.

Veedol Corporation Ltd has submitted the Notice of its 103rd Annual General Meeting (AGM) along with the Annual Report for the financial year 2025-26. The report includes audited standalone and consolidated financial statements. The notice is being emailed to registered members, and the full Annual Report is available on the company's website. The report highlights Veedol's theme 'Forward. Stronger. Smarter. Advancing Progress Responsibly,' emphasizing adaptation, innovation, and commitment to values. Veedol, established in 1928, is a global lubricant manufacturer with operations in over 70 countries, supported by extensive distribution networks and R&D centers.

Veedol Corporation Ltd has announced that its Board of Directors will convene on August 10, 2026, to consider and approve the unaudited financial results for the quarter ended June 30, 2026. The meeting is scheduled to be held at the company's corporate office in Mumbai. Further details regarding the financial results will be made available on the company's website and stock exchange portals.