Veedol Corporation Limited has announced the re-designation of Mr. Abhijit Tikekar, expanding his responsibilities to include Corporate Social Responsibility (CSR) oversight in addition to his existing role as Company Secretary & Head Legal. The change takes effect from April 1, 2026.

Leadership Role Enhancement

The company informed stock exchanges that Mr. Tikekar, who serves as Key Managerial Personnel, has been entrusted with additional responsibility for Corporate Social Responsibility functions. His revised designation will be Company Secretary and Head – Legal & CSR.

Regulatory Compliance

Veedol Corporation made this disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company emphasized that there is no change in Mr. Tikekar's status as Key Managerial Personnel, and the CSR responsibility represents an addition to his existing roles rather than a replacement.

Corporate Governance

The announcement was made as a matter of good governance, demonstrating the company's commitment to transparency in organizational changes. The disclosure was communicated to both the National Stock Exchange of India Limited and BSE Limited on March 31, 2026.

Veedol Corporation Limited, formerly known as Tide Water Oil Co. (India) Limited, operates as an ISO 9001:2015 certified company in the oil and lubricants sector. The company maintains its corporate governance standards through proper disclosure of key management changes and role expansions.

Veedol Corporation Limited has announced an extension of the repayment timeline for an unsecured loan granted to Andrew Yule & Company Limited (AYCL). The company disclosed this development in a regulatory filing dated March 23, 2026, under SEBI's Listing Obligations and Disclosure Requirements Regulations, 2015.

Board Approval for Timeline Extension

The Board of Directors of Veedol Corporation Limited, acting on the recommendation of the Audit Committee, has approved Andrew Yule & Company Limited's request for extending the loan repayment timeline. The extension details are as follows:

Background of the Loan Arrangement

The unsecured loan arrangement was initially disclosed on February 5, 2025, as part of a short-term lending facility provided to Andrew Yule & Company Limited during the financial year 2025-26. This extension represents a six-month deferment of the original repayment schedule while maintaining all existing terms and conditions of the loan agreement.

Borrower Profile and Track Record

Andrew Yule & Company Limited holds a significant position in relation to Veedol Corporation Limited. Key aspects of this relationship include:

• Status as a Government of India Enterprise
• Role as co-promoter of Veedol Corporation Limited
• Satisfactory track record in servicing financial obligations towards the company
• Established history of meeting repayment commitments

Regulatory Compliance

Veedol Corporation Limited has made this disclosure in strict compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company emphasized that the transaction continues to be conducted on an arm's length basis and remains within the ordinary course of business operations.

The extension reflects the ongoing business relationship between the two entities while maintaining transparency with stakeholders through proper regulatory disclosures. The company has assured that all other terms and conditions of the original loan agreement remain unchanged despite the timeline extension.