Outcome of the Board Meeting dated 20.05.2026

Pat Growth 25pctExceptional ItemRelated Party TransactionsResults View source PDF Explain this filing

VEEDOL · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

+0.8%Reaction day

₹1422.00

prior close

₹1449.00

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+1.1%-0.3% vs market

Lubricants peers, median of 5sector-0.1%+0.8% vs sector

On the reaction day the stock moved 0.3 pts less than Nifty Microcap 250 and 0.8 pts more than its Lubricants peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

-0.1

10m

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15m

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30m

+0.3

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+0.8+1.1-0.3-0.1+0.8

Next day

+0.6+1.2-0.6+3.0-2.5

+0.6+2.8-2.2+2.9-2.2

-0.5+3.5-4.1+3.9-4.4

+1.5+3.5-1.9+1.8-0.2

+1.1+2.8-1.7+0.9+0.2

-0.1+2.8-2.9+0.5-0.6

15d

+0.6+4.2-3.6+4.5-4.0

+3.8+10.1-6.3+14.7-10.9

-1.1+10.0-11.1+40.4-41.6

+5.8+14.6-8.7+49.5-43.7

UpDownMarket · Nifty Microcap 250Sector · Lubricants peers, median of 5Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Veedol Corporation Limited (formerly Tide Water Oil Co.) reported FY2026 standalone revenue of Rs. 1,546.96 crore (up 1.3% YoY) and consolidated revenue of Rs. 2,168.54 crore (up 10% YoY). Standalone PAT grew 8.2% to Rs. 135.16 crore while consolidated PAT rose 13.5% to Rs. 191.62 crore. The Board declared a high dividend of 1100% (Rs. 22 per share) totaling Rs. 38.33 crore. Key management changes include the resignation of Managing Director Mr. Arijit Basu (effective May 31, 2026) and appointment of Mr. Rajendra Nath Ghosal as the new Managing Director. The company received an unmodified (clean) audit opinion from Price Waterhouse. A Rs. 6.56 crore fire insurance claim at Bhiwandi depot was repudiated, and new labour code implementation created Rs. 2.60 crore past service cost.

Likely market impact

Strong financial performance with double-digit PAT growth at consolidated level and a generous dividend payout signals confidence in business prospects. The leadership transition at the MD level may create short-term uncertainty, but solid cash flows (standalone operating cash flow Rs. 91.43 crore) and clean audit opinion are positive for shareholders.