Veedol Corporation Limited has informed the Exchange that Board of Directors at its meeting held on February 02, 2026, declared 2nd Interim Dividend of Rs. 14 per ordinary share of facevalue of Rs. 2 each for the financial year 2025-26 and approved the Unaudited Standalone and Consolidated Financial Results for the quarter and nine months period ended 31st December, 2025.
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The Board of Directors of Veedol Corporation, at its meeting on February 2, 2026, declared a 2nd Interim Dividend of Rs. 14 per ordinary share (face value Rs. 2 each) for the financial year 2025-26. The Board also approved the Unaudited Standalone and Consolidated Financial Results for the quarter and nine months ended December 31, 2025. The dividend of Rs. 14 on a Rs. 2 face value translates to a very healthy payout of 700% on face value. Detailed financial numbers were not disclosed in the filing excerpt provided.
The strong interim dividend signals healthy cash generation and shareholder-friendly capital allocation by the company. This is positive for shareholders in the near term, though the actual financial performance will become clearer once the detailed Q3 results are released.