Submission of Annual Secretarial Compliance Report for the FY 2025-26
VEEDOL · price
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Veedol Corporation Ltd (formerly Tide Water Oil Co. (India) Ltd) submitted its Annual Secretarial Compliance Report for FY 2025-26 on 21 May 2026, prepared by Practicing Company Secretaries M/s. Manoj Shaw & Co. The auditor conducted a review under Regulation 24A of SEBI LODR Regulations, covering compliance with SEBI Act, SCRA, LODR, PIT, and other applicable regulations. The report shows a clean slate — no deviations, non-compliances, or penalties were recorded across all 13 compliance checkpoints. One procedural note flagged was the resignation of statutory auditors at material subsidiary Veedol UK Limited (formerly Price Thomas Holdings Ltd) on 4 December 2025, which was properly addressed with the appointment of new auditors (M/s Hawsons Chartered Accountants) and timely stock exchange intimations dated 6 December 2025 and 29 January 2026.
The clean secretarial compliance report signals strong regulatory adherence with no red flags, which is a positive indicator for investors and regulators. The subsidiary auditor change was handled in compliance with SEBI requirements and does not raise concerns.