Announced Fri, 17 Oct · 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.

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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.