Business Responsibility and Sustainability Reporting for the year ended 31st March, 2026.

Date: 31st July, 2026 National Stock Exchange of India Limited (Scrip ID – VEEDOL) Exchange Plaza, C-1, Block G, Bandra Kurla Complex, Bandra (E) Mumbai – 400 051 Fax No. (022) 2659 8120 BSE Limited (Scrip Code – 590005) P. J. Towers, Dalal Street, Mumbai – 400 001 Fax No. (022) 2272 1919 Dear Sir(s), Sub.: Business Responsibility and Sustainability Report for the year ended 31st March, 2026 Pursuant to Regulation 34(2)(f) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015, as amended please find enclosed the Business Responsibility and Sustainability Report (“BRSR”) of the Company for the year ended 31st March, 2026. This is for your information and records. Thanking you, Yours faithfully, For VEEDOL CORPORATION LIMITED [formerly Tide Water Oil Company (India) Limited] Abhijit Tikekar Company Secretary and Head – Legal & CSR Membership No.: A20213 Encl.: As above. 126 Veedol Corporation Limited Statutory Report 127 Annual Report 2025-26 Business Responsibility & Sustainability Report Business Responsibility & 4. Markets served by the entity: a. Number of locations Sustainability Report (FY 2025-26) Locations Number SECTION A: GENERAL DISCLOSURES National (No. of States) 36 (includes 28 stated and 8 Union Territories) International (No. of Countries) 6 Countries I. Details of the listed entity The Company directly exports its products to six countries viz. Taiwan, Thailand, Sri Lanka, Bhutan, Bangladesh and Nepal. In addition, the company’s 1. Corporate Identity Number (CIN) of the Listed Entity: L23209WB1921PLC004357 wholly owned subsidiaries carry out sales and distribution activities across 2. Name of the Listed Entity: Veedol Corporation Limited approximately 64 countries, either directly or through franchise partners. [formerly Tide Water Oil Company (India) Limited] 3. Year of incorporation: 1921 b. What is the contribution of exports as a percentage of the total turnover of the entity? 4. Registered office address: Yule House, 8, Dr. Rajendra Prasad Sarani, Kolkata - 700001, West Bengal During the period under review, the Company’s exports accounted for approximately 1.15% of the entity’s total turnover. As 5. Corporate address: Godrej Two, Pirojshanagar, 9th Floor, Vikhroli, Mumbai - 400079, this report pertains solely to the listed entity, the relevant details have been disclosed only in respect of the concerned entity. Maharashtra 6. E-mail: corporate@veedol.com c. A brief on types of customers 7. Telephone: 033-71257700; 022-41130100 8. Website: https://www.veedolindia.com/ The Company has a diversified presence across both B2C and B2B business segments. Its robust retail distribution 9. Financial year for which reporting is being done: 1st April, 2025 to 31st March, 2026 network in India comprises more than 500 distributors and dealers, effectively reaching over 50,000 retail outlets and 10. Name of the Stock Exchange(s) where shares are The shares of the Company are listed on the National Stock workshops across the country, which caters directly to the customers of PCMO segment, agri segment etc. The industrial listed Exchange. The shares are also traded on the Bombay Stock grade lubricant business is mostly B2B, with customers in industries like Sugar, Steel, Cement, General engineering and Exchange under permitted category. Manufacturing. 11. Paid-up Capital: H 3.48 Crores 12. Name and contact details (telephone, email address) Shri Arijit Basu, Managing Director (BR Head) IV. Employees of the person who may be contacted in case of any Telephone: 033-7125 7700; 022-41130100 queries on the BRSR report: Email: corporate@veedol.com 5. Details as at the end of Financial Year: 13. Reporting boundary - Are the disclosures under All the disclosures are made on standalone basis a. Employees and workers (including differently abled): this report made on a standalone basis (i.e. only for the entity) or on a consolidated basis (i.e. for the S. Male Female entity and all the entities which form a part of its Particulars Total (A) No. No. (B) % (B / A) No. (C) % (C / A) consolidated financial statements, taken together): 14. Name of assurance provider Tirkha Consultants & Advisors LLP (Tirkha Consultants) EMPLOYEES 15. Type of assurance obtained Reasonable Assurance on BRSR Core parameter. Refer to 1 Permanent (D) 385 337 88 48 12 the Independent Assurance Statement provided by Tirkha 2 Other than Permanent (E) 16 16 100 - - Consultants for the list of identified sustainability indicators 3 Total employees (D + E) 401 353 88 48 12 covered under the assurance. Additionally, the same has also WORKERS been indicated in the footnote of the respective indicators in 4 Permanent (F) 117 116 99 1 1 the Report 5 Other than Permanent (G) 404 369 91 35 9 6 Total workers (F + G) 521 485 93 36 7 II. Products/services b. Differently abled Employees and workers: 1. Details of business activities (accounting for 90% of the turnover): S. Male Female Particulars Total (A) S. No. Description of Main Activity Description of Business Activity % of Turnover of the entity No. No. (B) % (B / A) No. (C) % (C / A) 1. Manufacturing and selling Lubricating Oils and Greases 100 DIFFERENTLY ABLED EMPLOYEES 1 Permanent (D) -- -- -- -- -- 2. Products/Services sold by the entity (accounting for 90% of the entity’s Turnover): 2 Other than Permanent (E) -- -- -- -- -- 3 Total employees (D + E) -- -- -- -- -- DIFFERENTLY ABLED WORKERS S. No. Product/Service NIC Code % of total Turnover contributed 4 Permanent (F) -- -- -- -- -- 1. Lubricating Oils & Greases 19201 100 5 Other than Permanent (G) -- -- -- -- -- 6 Total workers (F + G) -- -- -- -- -- III. Operations 3. Number of locations where plants and/or operations/offices of the entity are situated: Location Number of plants Number of offices Total National 5 4*** 9 International 1* 2** 3 *Includes manufacturing facility at Rotherham, UK, belonging to Company’s acquired step-down subsidiary viz. Granville Oil & Chemicals Limited. **Corporate office includes UK and UAE. ***For national offices it is Mumbai, Noida, Kolkata and Chennai. 128 Veedol Corporation Limited Statutory Report 129 Annual Report 2025-26 Business Responsibility & Sustainability Report 6. Participation/Inclusion/Representation of women VIII. Transparency and Disclosures Compliances 10. Complaints/Grievances on any of the principles (Principles 1 to 9) under the National Guidelines on Responsible No. and percentage of Females Business Conduct: Total (A) No. (B) % (B / A) Board of Directors 10* 1 10 Grievance Redressal Mechanism in Place FY 2025-26 FY 2024-25 Key Management Personnel 3** - - (Yes/No) Stakeholder Number of Number of group from * Including Managing Director who is a KMP whom Number of complaints Number of complaints (If yes, then provide web-link for complaints pending complaints pending ** Comprising of Managing Director, Group Chief Financial Officer and Company Secretary complaint is Remarks Remarks grievance redress policy) filed during resolution at filed during resolution at received the year close of the the year close of the 7. Turnover rate for permanent employees and workers year year Communities The Company actively works with FY 2025-26 FY 2024-25 FY 2023-24 local communities to gain feedback on Male Female Total Male Female Total Male Female Total its activities and address any issues, feedback, suggestions or grievances. Permanent Employees (in %) 29 44 27 7 13 7 13 8 13 In-person interactions and community Workers (in %) 6 - 6 11 - 11 - - - gatherings are common forms of involvement, including a diverse range of community members. Currently, no Nil Nil NA Nil Nil NA V. Holding, Subsidiary and Associate Companies (including joint ventures) official grievances have been raised during these sessions. Several suggestions and 8. a. Names of holding / subsidiary / associate companies / joint ventures. perspectives have been offered, which have been reviewed and implemented Indicate whether Does the entity indica [Showing first 8,000 characters — download PDF for full document]