Veedol Corporation Limited has reported its financial results for the quarter ended September 30, 2025, along with an interim dividend declaration.

Financial Performance

For the quarter, Veedol Corporation reported the following results:

Standalone Performance

• Revenue: Rs 351.51 crores
• Profit: Rs 16.39 crores

Consolidated Performance

• Revenue: Rs 500.28 crores

Interim Dividend Declaration

The company has declared a first interim dividend of 1100% for the financial year 2025-26, which amounts to Rs 22 per equity share.

Regulatory Compliance

Veedol Corporation submitted machine-readable financial results to stock exchanges following their board meeting on November 10, 2025.

Investors and analysts may closely monitor the company's performance in the upcoming quarters.

Veedol Corporation Limited, a prominent player in the oil industry, has announced a significant addition to its senior management team. The company has appointed Shri Abhijit Tikekar as Head - Legal, effective October 16, 2025. This strategic move aims to bolster the company's legal affairs and corporate governance framework.

Key Appointment Details

Professional Background

Shri Abhijit Tikekar brings a wealth of experience and qualifications to his new role at Veedol Corporation:

• Bachelor of Laws (LLB), Pune University
• Pursuing ACCA (Final level) from Association of Chartered Certified Accountants of the UK | | Years of Experience | 19 years | | Areas of Expertise | Company Secretarial Functions, Legal Affairs, Finance, M&A, Statutory Compliances, Corporate Governance | | Previous Role | Sandvik Group Legal at Stockholm, Sweden |

Implications for Veedol Corporation

The appointment of Shri Abhijit Tikekar as Head - Legal is expected to strengthen Veedol Corporation's legal and compliance framework. His extensive experience in various domains, including company secretarial functions, legal affairs, and corporate governance, aligns well with the company's needs as it navigates the complex regulatory landscape of the oil industry.

Tikekar's international exposure, particularly his previous role with Sandvik Group Legal in Stockholm, Sweden, may bring a global perspective to Veedol Corporation's legal strategies. This could be particularly valuable as the company potentially explores international markets or deals with cross-border legal issues.

The company's decision to appoint Tikekar to this senior management position underscores its commitment to maintaining robust legal and compliance practices. As businesses face increasing regulatory scrutiny, having a seasoned professional at the helm of legal affairs may help Veedol Corporation navigate challenges and capitalize on opportunities within the legal framework of its operations.

Veedol Corporation's proactive approach in strengthening its senior management team with this strategic appointment may be seen as a positive signal by stakeholders, potentially enhancing confidence in the company's governance practices.

As Shri Abhijit Tikekar assumes his new role, the industry will be watching closely to see how his expertise and experience contribute to Veedol Corporation's legal strategies and overall corporate governance in the coming years.