Veedol Corporation Executive Director Sanjeev Wangoo Resigns Effective April 17, 2026
Veedol Corporation Limited has disclosed the resignation of Mr. Sanjeev Wangoo, Executive Director for Group Supply Chain Management, effective April 17, 2026. The formal resignation letter revealed his decision was based on personal and professional reasons, with commitment to smooth transition and cooperation during handover.

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Veedol Corporation Limited has announced the resignation of Mr. Sanjeev Wangoo from his position as Executive Director – Group Supply Chain Management, effective April 17, 2026. The company made this disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, on April 21, 2026.
Executive Leadership Change
The resignation represents a significant change in the company's executive leadership structure. Mr. Wangoo held the position of Executive Director for Group Supply Chain Management, a role that encompasses critical operational responsibilities within the organization's supply chain operations.
| Details: | Information |
|---|---|
| Executive Name: | Mr. Sanjeev Wangoo |
| Position: | Executive Director – Group Supply Chain Management |
| Effective Date: | April 17, 2026 |
| Disclosure Date: | April 21, 2026 |
| Regulatory Framework: | SEBI Regulation 30 |
Formal Resignation Letter
In his formal resignation letter dated April 17, 2026, Mr. Wangoo addressed the Board members and Managing Director directly. He acknowledged the privilege of serving the organization and contributing to its growth and success during his tenure. The resignation letter emphasized his gratitude for the trust, support, and opportunities provided by the Board and Managing Director throughout his time with the company.
Decision Rationale and Transition
Mr. Wangoo stated that his decision was made after careful consideration and was based on personal and professional reasons. He has committed to ensuring a smooth transition of his responsibilities and pledged to extend full cooperation during the handover process. In his resignation letter, he expressed sincere appreciation to the Board, Managing Director, and colleagues for their guidance and support.
Regulatory Compliance and Corporate Structure
Veedol Corporation Limited, formerly known as Tide Water Oil Co. (India) Limited, filed this disclosure in compliance with Sub-Para 7C of Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015. The company operates as an ISO 9001:2015 certified organization with CIN: L23209WB1921PLC004357.
| Corporate Details: | Information |
|---|---|
| Company Name: | Veedol Corporation Limited |
| Former Name: | Tide Water Oil Co. (India) Limited |
| CIN: | L23209WB1921PLC004357 |
| Certification: | ISO 9001:2015 |
| Stock Exchanges: | NSE (VEEDOL), BSE (590005) |
Historical Stock Returns for Veedol Corporation
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -3.73% | -2.98% | +7.29% | -22.53% | -9.58% | +53.94% |
Who will Veedol Corporation appoint as the new Executive Director for Group Supply Chain Management and what timeline are they targeting for this replacement?
How might this leadership change impact Veedol's supply chain operations and strategic initiatives in the upcoming quarters?
Will this executive departure trigger any restructuring of Veedol's supply chain management division or operational processes?


































