Veedol Corporation limited has informed the Exchange regarding Resignation of Mr. Arijit Basu as Managing Director of the Company w.e.f. November 03, 2026.
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Mr. Arijit Basu has resigned as Managing Director of Veedol Corporation Ltd, effective close of business on 3rd November, 2026. He has been associated with the company since 1st January, 2020 and has served as Managing Director since 1st March, 2023. The resignation letter was received on 4th May, 2026, giving approximately 6 months notice before his last working day. The company has not announced any successor or interim arrangement at this stage. This disclosure is made under Regulation 30 of the SEBI Listing Regulations.
The resignation of the Managing Director creates a leadership vacuum at the top level. Investors should monitor for announcement of a successor, as uncertainty around key leadership transitions can impact stock sentiment and operational continuity.