Veedol Corporation's Q4 revenues increased by 13% year-on-year, reaching a significant ₹6 billion, marking a strong finish to the fiscal year.
Veedol Corporation Limited
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Veedol Corporation has announced a dividend of ₹22 per share for the fiscal year 2026, following the release of their financials which showed a pre-tax profit of Rs. 142.5 crore and total income of Rs. 1,662.4 crore. The Annual General Meeting is scheduled for August 24, 2026, and Rajendra Ghosal has been appointed as the new Managing Director, effective June 1, 2026.
Veedol Corporation may consider pursuing legal action after receiving a rejection of their insurance claim following the 2024 fire incident, as reported by the National Insurance. The corporation is assessing potential legal avenues and will keep investors informed about any future updates.
Veedol Corporation's Managing Director, Arijit Basu, announced his resignation to take effect on November 3rd, 2026. He joined the company in January 2020 and was appointed MD in March 2023. The resignation has been disclosed as per SEBI norms.