Veedol Corporation Reports No Dematerialization Requests in Q4FY26

1 min read     Updated on 06 Apr 2026, 09:24 PM
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Veedol Corporation Limited filed its Q4FY26 regulatory certificate confirming zero dematerialization requests for equity shares during January-March 2026 period. The company's RTA Maheshwari Datamatics certified no demat activity, ensuring compliance with SEBI Regulation 74(5) requirements. The certificate was submitted to NSE and BSE on April 6, 2026.

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Veedol Corporation Limited has submitted its quarterly regulatory certificate to stock exchanges, confirming zero dematerialization activity for its equity shares during the fourth quarter of fiscal year 2026. The filing, dated April 6, 2026, addresses compliance requirements under SEBI regulations for the period ending March 31, 2026.

Regulatory Compliance Certificate

The company filed its certificate pursuant to Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018. This quarterly submission is mandatory for listed companies to report their dematerialization activities to stock exchanges.

Parameter: Details
Reporting Period: 01/01/2026 to 31/03/2026
Quarter: Q4FY26
Filing Date: April 6, 2026
Demat Requests: Zero
Regulation: SEBI Regulation 74(5)

Registrar Confirmation

Maheshwari Datamatics Pvt. Ltd., serving as the company's Registrar and Share Transfer Agent (RTA), provided written confirmation supporting Veedol Corporation's filing. The RTA confirmed that no dematerialization requests for equity shares were received or processed during the specified quarter.

The confirmation letter from Maheshwari Datamatics, dated April 2, 2026, specifically states that no dematerialization request for equity shares was confirmed during the period from January 1, 2026, to March 31, 2026.

Company Information

Veedol Corporation Limited, formerly known as Tide Water Oil Co. (India) Limited, operates as an ISO 9001:2015 certified company. The filing was signed by Abhijit Tikekar, Company Secretary & Head - Legal & CSR, with membership number A20213.

Corporate Details: Information
CIN: L23209WB1921PLC004357
Former Name: Tide Water Oil Co. (India) Limited
NSE Scrip ID: VEEDOL
BSE Scrip Code: 590005
Certification: ISO 9001:2015

Stock Exchange Submission

The certificate was simultaneously submitted to both major Indian stock exchanges - the National Stock Exchange of India Ltd. and BSE Limited. This dual submission ensures compliance with listing requirements on both trading platforms where Veedol Corporation's shares are traded.

The zero dematerialization activity reported for Q4FY26 indicates that no shareholders converted their physical share certificates to electronic form during this quarter, reflecting the current shareholder preference for existing holding patterns.

Historical Stock Returns for Veedol Corporation

1 Day5 Days1 Month6 Months1 Year5 Years
-0.55%+6.16%+3.40%-28.29%-2.57%+51.76%

What factors might be preventing Veedol Corporation shareholders from converting to demat form, and could this impact the stock's liquidity in future quarters?

How might Veedol Corporation's consistently zero dematerialization activity affect its eligibility for inclusion in major stock indices or institutional investment consideration?

Will SEBI introduce any new regulations or incentives to encourage companies with low dematerialization rates to promote electronic share conversion?

Veedol Corporation Re-designates Abhijit Tikekar as CSR Head in Addition to Company Secretary Role

1 min read     Updated on 01 Apr 2026, 12:04 AM
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Reviewed by
Radhika SScanX News Team
AI Summary

Veedol Corporation Limited has re-designated Mr. Abhijit Tikekar as Company Secretary and Head – Legal & CSR, effective April 1, 2026. The change adds Corporate Social Responsibility oversight to his existing role as Company Secretary & Head Legal, while maintaining his status as Key Managerial Personnel. The company disclosed this information under SEBI regulations as a matter of good governance.

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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.

Parameter: Details
Current Designation: Company Secretary & Head Legal
New Designation: Company Secretary and Head – Legal & CSR
Effective Date: April 1, 2026
Status: Key Managerial Personnel (unchanged)

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.

Historical Stock Returns for Veedol Corporation

1 Day5 Days1 Month6 Months1 Year5 Years
-0.55%+6.16%+3.40%-28.29%-2.57%+51.76%

What specific CSR initiatives is Veedol Corporation planning to expand or launch that necessitated this dedicated leadership role?

How might this enhanced focus on CSR impact Veedol's competitive positioning in the oil and lubricants sector?

Will this organizational restructuring signal increased CSR spending or new sustainability commitments from the company?

More News on Veedol Corporation

1 Year Returns:-2.57%