In a recent development, Veedol Corporation Limited has been assigned an ESG rating of 'Crisil ESG 61' by Crisil ESG Ratings & Analytics Ltd. (CRISIL) for the financial year 2025-26. This assignment has been categorised as 'Strong' under the rating specifications. The announcement was made in accordance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended, along with SEBI's circular, dated 13th July 2023.
According to the regulatory filing submitted to the National Stock Exchange of India (NSE), Veedol Corporation clarified that the company did not engage CRISIL for this ESG rating. Instead, CRISIL conducted an independent assessment based on publicly available data related to the fiscal year 2025-26.
The ESG rating released by CRISIL distinguishes from any credit rating or similar terminologies specified under SEBI's LODR Regulation. According to the information shared by CRISIL, the rating has been published on their website, www.crisilesg.com, in alignment with the SEBI ERP Regulations.
The company, formerly known as Tide Water Oil Company (India) Limited, has made this disclosure available on its official website, www.ve...