Veedol Corporation Limited has informed the exchange the record date as 17th July, 2026 for the purpose of Final Dividend for the year 2025-26
VEEDOL · price
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Veedol Corporation Limited has announced a record date of 17th July, 2026 for determining eligible shareholders to receive the final dividend for FY 2025-26. The Board declared a dividend of 1100% (Rs. 22 per equity share of face value Rs. 2) absorbing Rs. 38.33 crores, subject to shareholder approval at the 103rd AGM scheduled for 24th August, 2026. For FY 2025-26, standalone revenue stood at Rs. 1,546.96 crores with PAT of Rs. 135.16 crores, while consolidated revenue was Rs. 2,168.54 crores with PAT of Rs. 191.62 crores. The company also saw a change in leadership with MD Arijit Basu resigning and former MD Rajendra Nath Ghosal appointed from 1st June 2026.
The generous 1100% dividend payout signals strong cash flows and profitability, which could positively impact investor sentiment. However, without current market price data, investors cannot assess the actual dividend yield. The leadership transition and high payout ratio warrant monitoring.