Veedol Corporation Rajendra Nath Ghosal resigns
Veedol Corporation (NSE: VEEDOL) said Rajendra Nath Ghosal has resigned. The company is valued at about ₹2,458 crore.
What happened
Veedol Corporation (NSE: VEEDOL) informed the stock exchanges on 5 November 2026 at 07:14 PM that Rajendra Nath Ghosal has resigned.
From the filing: "Veedol Corporation Limited has informed the Exchange regarding Resignation of Shri Rajendra Nath Ghosal as Managing Director of the company w.e.f."
Company snapshot
Veedol Corporation is a small-cap company, with a market value of about ₹2,458 crore.
The stock last traded at ₹1,410.5, against a 52-week range of ₹1,238.2–₹1,844.8 (23.5% below the high).
Before this filing the shares had moved +4.0% over the month and −1.7% over three months. Average daily turnover over the last 20 sessions was about ₹1.23 crore.
Promoters held 64.58% at the end of Q1 FY27. Foreign institutions owned 1.02% and domestic institutions 1.16%.
| Quarter | Revenue | Net profit | EPS (₹) |
|---|---|---|---|
| Q1 FY26 | 514 | 49.7 | 29.23 |
| Q2 FY26 | 509 | 40.9 | 24.09 |
| Q3 FY26 | 538 | 43.6 | 25.63 |
| Q4 FY26 | 607 | 57.5 | 33.81 |
| Q1 FY27 | 609 | 77.9 | 45.85 |
What history shows
This is not the company's first management change disclosure: BCEIE has 6 earlier filings of this kind on record since May 2026.
After those filings, the stock fell 0.0% on average the next trading day and was down 0.2% on average after five days (3 filings with price data).
Market-wide, 4,295 management change filings with an impact score of 50 or more saw an average next-day move of −0.1%, with 45% rising.
Past reactions describe what happened before; they are not a forecast.
| Date | Filing | Next day | 5 days |
|---|---|---|---|
| 13 Aug 2026 | Resignation of Director/KMP/SMP | −0.0% | −0.2% |
| 12 Aug 2026 | Resignation of Director/KMP/SMP | −0.0% | −0.2% |
| 12 Aug 2026 | Resignation of Mr. Tapas Saha, Head - IT (SMP) of the company with… | −0.0% | −0.2% |
What to watch
- The appointment of a successor and any change in strategy or guidance.
- 5 November 2026: Board meeting — Financial Results/Dividend.
In the news
Recent coverage elsewhere (links open the original publisher):
Source
Automatically written from the exchange filing and BCEIE data. Not investment advice. Check the original filing before acting on it.