VEEDOLNSEVeedol Corporation LimitedMediumNegative
Announced Tue, 5 May · 18:37 IST

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.

Kmp ResignedManagement Changes View source PDF

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AI summary

Veedol Corporation Limited disclosed the resignation of Mr. Mandar Ghatnekar, Head – Marketing (SMP), effective from close of business on August 3, 2026. The resignation was announced via letter dated May 5, 2026. In his resignation letter, Ghatnekar cited 'exploring opportunities outside the Company' as the reason and requested to be relieved within 90 days. The company stated he remains committed to ensuring a smooth transition during the notice period. This disclosure is made under SEBI Regulation 30 of the Listing Obligations and Disclosure Requirements Regulations, 2015.

Likely market impact

The departure of a senior marketing leader could signal internal restructuring or strategic shift. Investors may watch for replacement appointment as Head-Marketing is a Key Managerial Position (KMP) under SEBI regulations.