Veedol Corporation Appoints Hawsons Chartered Accountants as Statutory Auditor for UK Material Subsidiary

1 min read Updated on 29 Jan 2026, 03:02 PM

Reviewed by

Suketu GScanX News Team

Overview

Veedol Corporation Limited has appointed M/s. Hawsons Chartered Accountants as statutory auditor for its UK material subsidiary Veedol UK Limited and related subsidiaries, effective January 28, 2026. The appointment fills the casual vacancy created by the resignation of M/s. SHORTS, Chartered Accountants in December 2025. The new auditor, with over 170 years of experience, will serve from financial year 2025-26 and provide comprehensive accounting, audit, tax, and financial planning services to the company's UK operations.

*this image is generated using AI for illustrative purposes only.

Veedol corporation Limited has appointed M/s. Hawsons Chartered Accountants as the statutory auditor for its UK-based material subsidiary, effective January 28, 2026. The appointment addresses the casual vacancy created following the resignation of the previous auditor in December 2025.

Auditor Appointment Details

The company disclosed that Veedol UK Limited (formerly Price Thomas Holdings Limited), along with Veedol International Limited and Granville Oil & Chemicals Limited, approved the auditor appointment in their respective board meetings held on January 28, 2026. The new appointment covers the financial year 2025-26 onwards.

Parameter:	Details
Auditor Firm:	M/s. Hawsons Chartered Accountants
ICAEW Firm Number:	C005354043
Effective Date:	January 28, 2026
Term:	From Financial Year 2025-26
Reason:	Filling casual vacancy due to resignation

Background and Context

The appointment follows the resignation of M/s. SHORTS, Chartered Accountants (ICAEW Firm Number: C005300514), which was previously disclosed to stock exchanges on December 6, 2025. The resignation affected multiple UK subsidiaries including the material subsidiary Veedol UK Limited, subsidiary Veedol International Limited, and step-down subsidiary Granville Oil & Chemicals Limited.

About the New Auditor

M/s. Hawsons Chartered Accountants brings substantial experience to the role, offering comprehensive accounting, audit, tax, and financial planning services. The firm has over 170 years of history in providing high-quality client service, positioning it well to handle the auditing requirements of Veedol Corporation's UK operations.

Regulatory Compliance

The disclosure was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015, as amended, read with Part A of Schedule III thereof. The company has informed both the National Stock Exchange of India Limited and BSE Limited about this statutory auditor change as required under the regulations.

This appointment ensures continuity in the auditing processes for Veedol Corporation's UK subsidiaries and maintains compliance with regulatory requirements across jurisdictions.

Historical Stock Returns for Veedol Corporation

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+1.26%	+0.33%	-15.02%	-14.74%	-2.84%	+65.29%

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Veedol Corporation Director Brajesh Kumar Srivastava Resigns from Board

1 min read Updated on 16 Jan 2026, 04:24 PM

Reviewed by

Radhika SScanX News Team

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Overview

Veedol Corporation Limited announced the resignation of Non-Executive Director Shri Brajesh Kumar Srivastava (DIN: 09835338) effective January 16, 2026. The resignation was attributed to his departure from the Ministry of Heavy Industries. The company has complied with SEBI Regulation 30 disclosure requirements, and the resignation will be formally recorded in the next Board meeting.

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Veedol Corporation Limited has announced the resignation of Shri Brajesh Kumar Srivastava from its Board of Directors, effective January 16, 2026. The company disclosed this development under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Director Resignation Details

Shri Brajesh Kumar Srivastava, who served as a Non-Executive and Non-Independent Director with DIN 09835338, submitted his resignation effective from the close of business on January 16, 2026. The resignation follows his departure from the Ministry of Heavy Industries.

Parameter:	Details
Director Name:	Shri Brajesh Kumar Srivastava
DIN:	09835338
Position:	Non-Executive and Non-Independent Director
Resignation Date:	January 16, 2026
Reason:	Departure from Ministry of Heavy Industries

Regulatory Compliance

The company has fulfilled its disclosure obligations by notifying both the National Stock Exchange of India Limited and BSE Limited about the directorial change. The resignation was communicated through proper channels with all necessary documentation, including the prescribed format under SEBI regulations.

Formal Board Process

According to the company's disclosure, the resignation will be formally noted by the Board of Directors in their upcoming board meeting. This follows standard corporate governance procedures for recording directorial changes.

Director's Statement

In his resignation letter to the Board, Srivastava expressed gratitude for the opportunity to serve as a Director and thanked his board colleagues for their support. He extended his best wishes to the company for continued success in its future endeavors.

The disclosure was signed by Abhijit Tikekar, Company Secretary & Head Legal, ensuring proper documentation and regulatory compliance for this board-level change.

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