Andrew Yule & Company Limited has announced the withdrawal of its proposed Offer for Sale (OFS) of equity shares in Veedol Corporation Limited (formerly Tide Water Oil Co. (I) Ltd.).

• The notice for the OFS, originally dated 22 May 2025, has been withdrawn until further notice.
• The withdrawal is attributed to unavoidable circumstances, specifically technical glitches that prevented the transfer of shares to NSE Clearing Corporation Ltd.