Veedol Corporation Limited has made a significant announcement following its 351st Board Meeting held on 10th November 2025. The company declared a remarkable First Interim Dividend of 1100%, translating to Rs. 22 per ordinary share with a face value of Rs. 2 each. This decision comes alongside the approval of the unaudited standalone and consolidated financial results for the quarter and half-year ending 30th September 2025. The financial statements, which include cash flow statements and assets and liabilities, have also been accompanied by limited review reports.

To facilitate the dividend distribution, Friday, 14th November 2025 has been set as the record date. Shareholders can expect their payments within 30 days of the declaration, with the payment scheduled to occur by 8th December 2025. This interim dividend reflects Veedol's robust financial performance and commitment to returning value to its shareholders amid a competitive market landscape.

In addition to the dividend declaration, the Board approved the appointment of Shri Abhijit Tikekar as the new Company Secretary & Head of Legal effective from 10th November 2025. The meeting also noted the impending departure of two independent directors, Shri P. S. Bhattacharyya and Shri P. Y. Gurav, who will conclude their terms on 12th November 2025. Their exit will impact the Audit Committee and Nomination and Remuneration Committee leadership, marking a transitional phase for Veedol Corporation as it prepares for future growth and governance.