Veedol Corporation Limited Announces Resignation of Head - IT (SMP)
Veedol Corporation Limited has announced the resignation of Mr. Tapas Saha from his position as Head - IT (SMP), effective October 6, 2026. The company was formerly known as Tide Water Oil Co. (India) Limited.The change in key managerial personnel involves Mr. Saha, who holds the title of General Manager - IT (Head of IT). His resignation is effective from close of business on Tuesday, October 6, 2026.
Mr. Saha submitted his formal resignation and expressed gratitude for the opportunity to contribute to Veedol's digital transformation journey and other strategic digital/IT initiatives during his tenure at the company. He committed to ensuring a smooth transition through comprehensive knowledge transfer, completion of critical handovers, and necessary support to the team throughout the notice period.
The details of the personnel change are summarized below:
| Personnel | Role | Nature of Change | Effective Date |
|---|---|---|---|
| Mr. Tapas Saha | Head - IT (SMP) / General Manager - IT (Head of IT) | Resignation | Close of business on Tuesday, October 6, 2026 |
VEEDOL Stock Price Movement
On Wednesday, Veedol Corporation Limited shares slipped by 1.65%, settling at ₹1513.40 as the equity traded down by ₹25.20. The stock saw significant volatility during the session, reaching a day low of ₹1502 amid a total trade volume of 17,376 shares.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
The information provided is for general informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. Readers are advised to rely on their own assessment and judgment and consult appropriate financial advisers, if required, before taking any investment-related decisions.
Any views, opinions, or statements expressed, where applicable, are those of the respective analysts or experts and do not reflect the views of this website. The website has no association with such viewpoints and does not assume any responsibility for them.