Veedol Corporation Limited has informed the Exchange about the pre-dealing application as submitted by Andrew Yule & Co. Ltd. has been approved.
VEEDOL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Veedol Corporation Limited has informed the exchanges that a pre-dealing (pre-clearance) application from its promoter, Andrew Yule & Co. Ltd., has been approved. The promoter has been cleared to dispose of 3,48,480 equity shares of the company, in line with SEBI's insider trading regulations. The transaction must be completed on or before 16th June 2025 (within 5 trading days), failing which a fresh pre-clearance application will be required. This is a procedural compliance filing under insider trading rules, signalling an upcoming promoter share sale.
This indicates that the promoter is gearing up to sell a significant chunk of shares in the near term, which could create short-term supply pressure on the stock. Investors should watch for the actual trade execution by 16th June 2025, as it may weigh on sentiment depending on the size relative to total holdings.