IT IS ANNOUNCED HEREBY THAT THE 2ND TERM OF INDEPENDENT DIRECTOR, DIN 00412219, SRI KRISHNAMOORTHI NARENDRA, WHO WAS APPOINTED FOR THE 2ND TERM OF FIVE CONSECUTIVE YEARS FROM 25-12-2020 ....
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Sri Krishnamoorthi Narendra (DIN 00412219) retired as Independent Director of Veejay Lakshmi Engineering Works Ltd on December 24, 2025, upon the natural expiry of his second five-year term (December 25, 2020 to December 24, 2025). He had served on the Board as an Independent Director for an overall tenure of 10 years, beginning from December 25, 2015. The Board recorded his retirement at its meeting on December 31, 2025 and acknowledged his guidance and services during his tenure. The disclosure has been made under SEBI (LODR) Regulations, 2015.
This is a routine, planned exit with no governance red flags. Shareholders should note that the company will need to appoint a new Independent Director in due course to maintain the required board composition. No material impact on stock price is expected.