Veedol Corp Appoints Hawsons Chartered Accountants as Statutory Auditor for Subsidiaries
Veedol Corporation Limited appointed M/s. Hawsons Chartered Accountants as Statutory Auditors for its UK subsidiaries, Veedol UK Limited, Veedol International Limited, and Granville Oil & Chemicals Limited. The appointment is effective from January 28, 2026, filling a casual vacancy for the financial year 2025-26.
The change in statutory auditor for subsidiaries is a standard compliance procedure and is unlikely to have a significant immediate impact on the overall business operations or financial performance of Veedol Corporation Limited.
The appointment of a new auditor is a routine corporate action and does not inherently suggest a positive or negative financial impact on the company. It addresses a vacancy caused by resignation.
Veedol Corporation Limited has announced the appointment of M/s. Hawsons Chartered Accountants as the Statutory Auditors for its material subsidiary, Veedol UK Limited (formerly Price Thomas Holdings Limited), as well as Veedol International Limited and Granville Oil & Chemicals Limited. This appointment, approved in board meetings held on January 28, 2026, fills the casual vacancy caused by the resignation of M/s. SHORTS, Chartered Accountants.
M/s. Hawsons Chartered Accountants will serve as the statutory auditors for the financial year 2025-26. The firm brings over 170 years of experience in providing accounting, audit, tax, and financial planning services. This change follows the company's previous disclosure on December 6, 2025, regarding the resignation of the former auditors.
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Veedol Corporation Limited filed this with the NSE as a statutory disclosure, categorised under auditor changes. It is a primary document, not a recommendation, and the desk marks it low impact, the band that almost never moves a portfolio on its own.
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