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Veedol Corp. Ltd ( (IN:VEEDOL) ) has provided an announcement.
Veedol Corporation Limited has completed the sale of its unused office space at JVL Plaza in Chennai, covering 2,780 sq. ft. This transaction, valued at Rs. 2 crores, is not expected to impact the company’s business operations as the office was not in use for a long time. The sale does not constitute a major undertaking under the Companies Act, and the transaction is not considered a related party transaction.
More about Veedol Corp. Ltd
Veedol Corporation Limited, formerly known as Tide Water Oil Company (India) Ltd., operates in the oil industry, focusing on the production and distribution of lubricants and related products.
Average Trading Volume: 1,781
Technical Sentiment Signal: Buy
Current Market Cap: 28.49B INR
See more insights into VEEDOL stock on TipRanks’ Stock Analysis page.