Veedol Corporation Limited has informed the Exchange regarding Resignation of SAPTARSHI GANGULY as Company Secretary & Compliance Officer of the company w.e.f. October 10, 2025.
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Veedol Corporation has informed the exchanges that Saptarshi Ganguly has resigned as Company Secretary and Compliance Officer, effective October 10, 2025, to pursue other career opportunities. He has confirmed there are no other material reasons for his resignation. The announcement is part of the outcome of the 350th board meeting held on August 13, 2025, which also covered Q1 FY26 results (standalone revenue of Rs. 372.77 crores, profit after tax of Rs. 16.29 crores), appointment of a new non-executive director (Brajesh Kumar Srivastava) and a new Senior Management Personnel (Dr. Manish Khodaskar). No successor for the Company Secretary role has been announced yet, and the company has nearly two months to make the appointment.
Routine KMP exit — the Company Secretary role is being vacated for personal career reasons, not governance concerns. With about two months before the effective date and no replacement named yet, investors should watch for an announcement of a new Company Secretary, as this role is mandatory under the Companies Act.