NSEDisclosure under SEBI Takeover Regulations23 Jun 2026 · 23 Jun 2026, 04:08 pm
Disclosure under SEBI Takeover Regulations
Veedol Corporation Limited · VEEDOL
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Andrew Yule & Co. Ltd., a promoter of Veedol Corporation Ltd., has submitted a disclosure under Regulation 31(4) of the SEBI Takeover Regulations for the financial year ended March 31, 2026. The company confirmed that neither they nor any persons acting in concert have encumbered their shareholding in Veedol Corporation Ltd. during this period. This declaration indicates stability in the promoter's stake and absence of financial stress that would necessitate pledging shares.
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Earnings Impact5/10
Growth Catalyst2/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk2/10
Liquidity Impact5/10
Market Sentiment7/10
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Andrew Yule & Co. Ltd. has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
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एंड(cid:332)यू यूल एंड ANDREW YULE & COMPANY LIMITED
(A GOVERNMENT OF INDIA ENTERPRISE)
‘YULE HOUSE’, 8, DR. RAJENDRA PRASAD SARANI, KOLKATA-700 001
POST BOX : 150, TELEPHONE : 2242-8210, 2242-8550, FAX : 91-033-2242-9770
Website : www.andrewyule.com E-mail : com.sec@andrewyule.com
CIN No. L63090WB1919GOI003229
Ref.: AYCL/Sectl/SAST 6th April, 2026
National Stock Exchange of India Ltd.
Exchange Plaza,
Plot No. C/1, Block – G,
Bandra-Kurla Complex, Bandra (E)
Mumbai – 400051
Dear Sir/Madam,
Sub.: Declaration pursuant to Regulation 31(4) of SEBI (Substantial
Acquisition of Shares and Takeovers) Regulations, 2011, as amended
Target Company: Veedol Corporation Ltd. [formerly Tide Water Oil Co. (India) Ltd.]
Date of Reporting: 31.03.2026
In terms of Regulation 31(4) of SEBI (Substantial Acquisition of Shares and Takeovers)
Regulations, 2011, as amended, we hereby confirm that, we along with persons acting in
concert have not encumbered our shareholding in Veedol Corporation Ltd. [formerly Tide
Water Oil Co. (India) Ltd.], whether directly or indirectly during the financial year ended
31st March, 2026.
This is for your information and records.
Thanking you,
Yours faithfully,
For Andrew Yule & Co. Ltd.
(Sucharita Das)
Company Secretary