BSEVeejay Lakshmi Engineering Works Ltd-$· Industrial ManufacturingHighNegative
Announced Fri, 17 Oct, 2025 · 17:09 IST

IT IS ANNOUNCED WITH REGRET THE SAD DEMISE OF SRI V.J.JAYARAMAN, DIN 00137340, THE NON-EXECUTIVE CHAIRMEN OF THE COMPANY VEEJAY LAKSHMI ENGINEERING WORKS LIMITED ON FRIDAY THE 17TH OCTOBER ....

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close
+10.4%Reaction day
₹48.00
prior close
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announcement price
After-mkt
timing
Nifty Microcap 250market · in no size index; the smallest one is used+1.0%+9.4% vs market
Industrial Products peers, median of 112sector+0.3%+10.1% vs sector

On the reaction day the stock moved 9.4 pts more than Nifty Microcap 250 and 10.1 pts more than its Industrial Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark
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Sessions after the filingfrom the prior close
StockMarketvs marketSectorvs sector
Reaction day
+10.4+1.0+9.4+0.3+10.1
Next day
+12.4+2.0+10.4+1.4+11.0
2d
+5.2+1.6+3.6+0.8+4.4
3d
+26.0+1.2+24.7+1.0+24.9
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+13.9+1.6+12.3+0.6+13.3
5d
+12.5+1.9+10.6+0.5+12.0
1w
+12.5+2.1+10.4+1.2+11.3
15d
+19.8+1.0+18.7-2.0+21.8
1m
+4.2+0.2+4.0-5.1+9.3
2m
+7.3-3.1+10.4-8.8+16.0
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UpDownMarket · Nifty Microcap 250Sector · Industrial Products peers, median of 112Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Veejay Lakshmi Engineering Works Ltd has informed the stock exchanges about the sad demise of its Non-Executive Chairman, Sri V.J. Jayaraman (DIN 00137340), who passed away on Friday, 17 October 2025 due to age-related ailments. He was 83 years old. He was related to Sri J. Anand, the Managing Director, and Smt Arthi Anand, a Director on the board. The company has not yet announced a successor to the Chairman role.

Likely market impact

The loss of the Non-Executive Chairman may create short-term uncertainty around board leadership and succession planning. Since the deceased was related to the Managing Director and another Director, the company's promoter-family-led governance structure will need to address the vacancy at the board level, which investors may monitor closely.