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Veedol Corp. Ltd ( (IN:VEEDOL) ) just unveiled an update.
Veedol Corporation Limited has announced several key decisions following its 348th board meeting, which include the approval of unaudited financial results for the quarter and nine months ending December 31, 2024, and the declaration of a 600% interim dividend for the financial year 2024-25. Additionally, the company has proposed an Employee Stock Option Scheme subject to shareholder approval and plans to provide a short-term unsecured loan to Andrew Yule & Co. Ltd. Furthermore, new appointments for secretarial and compliance audits have been made, indicating strategic moves to enhance corporate governance.
More about Veedol Corp. Ltd
Veedol Corporation Limited, formerly known as Tide Water Oil Co. (India) Limited, operates in the oil and lubricants industry. It is an ISO 9001:2015 certified company that focuses on producing a vast range of lubricants catering to automotive and industrial applications.
YTD Price Performance: -6.20%
Average Trading Volume: 2,151
Current Market Cap: 26.69B INR
See more insights into VEEDOL stock on TipRanks’ Stock Analysis page.