CHANGE IN COMPANY DIRECTORATE ON RESIGNATION OF WHOLETIME DIRECTOR: SRI D. RANGANATHAN DIN:00137566 WHO HAS BEEN DIRECTOR AND CHIEF FINANCIAL OFFICER IN THE COMPANY HAS RESIGNED HIS POSITIONS ....
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Sri D. Ranganathan, who served as both Director and Chief Financial Officer of Veejay Lakshmi Engineering Works Ltd, has resigned from his positions effective 23rd June 2025. He submitted his resignation letter dated 11/07/2025 citing personal health reasons, and confirmed there are no other material reasons behind his exit. He is 72 years old and was also a member of the Audit Committee, Stakeholder Relationship Committee, and Finance Committee. The Board accepted his resignation at its meeting held on 15/07/2025 and placed on record appreciation for his long years of service.
The company has lost its CFO and a key board member simultaneously, which could create short-term uncertainty around financial reporting and leadership continuity until a replacement is announced. Shareholders should watch for timely disclosure of a new CFO appointment.