Veedol Corporation Limited has informed the Exchange regarding Resignation of Mr. Mandar Ghatnekar as Head - Marketing of the Company w.e.f. August 03, 2026.
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Veedol Corporation Limited has announced the resignation of Mr. Mandar Ghatnekar from his position as Head - Marketing (SMP) effective August 3, 2026. The resignation was submitted on May 5, 2026, with Mr. Ghatnekar citing 'exploring opportunities outside the Company' as the reason. In his resignation letter, he requested to be relieved within 90 days and committed to ensuring a smooth transition during this period. The company has filed this disclosure under Regulation 30 of the SEBI Listing Regulations, 2015.
The departure of the Head of Marketing is a mid-level management change and unlikely to significantly impact operations. The resignation appears to be a personal career decision rather than a governance concern, and the commitment to smooth transition is a positive signal.