Veedol Corporation Limited has informed the Exchange about the pre-dealing request received from Andrew Yule & Co. Ltd.

Promoter Stake Sell 1pctOwnership Changes View source PDF Explain this filing

VEEDOL · price

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

+4.5%Reaction day

₹1679.90

prior close

₹1676.00

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.7%+3.7% vs market

Lubricants peers, median of 6sector+1.3%+3.2% vs sector

On the reaction day the stock moved 3.7 pts more than Nifty Microcap 250 and 3.2 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

+0.8

10m

+1.4

15m

+0.7

30m

+0.6

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+4.5+0.7+3.7+1.3+3.2

Next day

+2.4+1.2+1.2+1.1+1.3

+0.1-0.3+0.4-0.2+0.3

+0.1-0.7+0.7-0.6+0.7

-1.6-0.4-1.2-0.6-1.0

+0.0-1.4+1.4-0.9+0.9

-1.2-3.4+2.2-4.3+3.1

15d

+2.7+0.9+1.8+1.1+1.6

+0.7+1.5-0.8-0.1+0.7

-3.0-3.6+0.7-4.2+1.2

-0.3-0.8+0.5-13.8+13.5

UpDownMarket · Nifty Microcap 250Sector · Lubricants peers, median of 6Pending

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

AI summary

Andrew Yule & Co. Ltd., the promoter of Veedol Corporation, has applied for pre-dealing approval to sell 3,48,480 equity shares through an Offer for Sale (OFS) via the stock exchange mechanism. Andrew Yule currently holds 45,71,115 shares in the company, so this sale represents about a 7.6% reduction in its promoter holding. The proposed transaction is valued at roughly Rs. 59.25 crore at the current market price of Rs. 1,701 per share. The dealing window is set for 10th June 2025 to 14th June 2025. Andrew Yule is a Government of India enterprise.

Likely market impact

This is a promoter sell-off through OFS, which typically creates supply-side pressure on the stock in the short term. Existing shareholders should brace for potential dilution of promoter holding and monitor how the OFS is priced relative to the prevailing market price, as it could influence near-term sentiment.