Veedol Corporation Limited has informed the Exchange about change in Management

Management Changes View source PDF Explain this filing

VEEDOL · price

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

-1.3%Reaction day

₹1440.50

prior close

₹1425.00

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-0.6%-0.7% vs market

Lubricants peers, median of 6sector-1.6%+0.3% vs sector

On the reaction day the stock moved 0.7 pts less than Nifty Microcap 250 and 0.3 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

+0.6

10m

+0.7

15m

+0.4

30m

+0.1

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-1.3-0.6-0.7-1.6+0.3

Next day

-0.4+0.5-0.9-0.5+0.1

+0.6+1.8-1.2+0.4+0.2

-0.1+1.6-1.7-0.8+0.6

-4.0+0.1-4.1-0.8-3.1

-1.7+2.5-4.2-0.1-1.5

+0.3+2.4-2.1+0.5-0.2

15d

+3.4+1.9+1.5-1.6+5.0

-1.3+2.1-3.4+7.5-8.8

+2.5+12.5-10.0+12.5-10.0

-3.0+12.0-14.9+55.4-58.4

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

Veedol Corporation has informed the stock exchanges that Mr. Sanjeev Wangoo, Executive Director – Group Supply Chain Management, has resigned from the company. His resignation is effective from the close of business on 17th April 2026. The company has disclosed this under SEBI Listing Regulations and has attached the prescribed disclosure format. Further details, including any reason specified in his resignation letter, will be filed within the required timeline.

Likely market impact

The departure of a senior supply chain leader may raise short-term concerns about continuity in operations and procurement, but is a routine senior management change. Shareholders should watch for the detailed resignation letter for any undisclosed concerns or reasons.