Veedol Declares 700% Interim Dividend; Q3FY26 Results Approved
Veedol Corporation declared a Second Interim Dividend of 700% (₹14 per share) for FY26. The Board approved Q3FY26 unaudited financial results. The record date for the dividend is February 6, 2026. Shri Kulbhushan Malhotra was appointed as Additional Director, effective February 3, 2026.
The declaration of a substantial interim dividend directly impacts shareholders by providing them with a return on their investment. The approval of financial results is a material event for any listed company.
The declaration of a significant interim dividend and the approval of financial results are positive indicators for the company and its shareholders.
Veedol Corporation Limited announced the outcome of its 352nd Board Meeting held on February 2, 2026. The Board approved the Unaudited Standalone and Consolidated Financial Results for the quarter and nine months ended December 31, 2025. The company declared a Second Interim Dividend of 700%, amounting to ₹14 per ordinary share of face value ₹2, for the financial year 2025-26. The record date for this dividend distribution has been set as Friday, February 6, 2026, with distribution to occur within 30 days of declaration.
Furthermore, the Board appointed M/s. Manoj Shaw & Co., Company Secretaries, as auditors for issuing the Compliance Certificate for the financial year 2025-26 regarding Corporate Governance. P G Bhagwat LLP was appointed as the Internal Auditor for the financial year 2026-27. The Board also approved the appointment of Shri Kulbhushan Malhotra as an Additional Director, designated as Non-Executive and Non-Independent Director, effective February 3, 2026. Consequently, a Postal Ballot Notice will be circulated seeking shareholder approval for this appointment.
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Veedol Corporation Limited filed this with the NSE as a statutory disclosure, categorised under quarterly results. It is a primary document, not a recommendation, and the desk marks it high impact, which is the band that most often changes something.
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