Postal Ballot notice dispatched for 3 resolutions including new Articles of Association

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

Price reaction · full curve 14 horizons · vs prior close

+4.2%1-day move

₹35.50

prior close

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base price

After-mkt

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————+4.2-1.4-2.5+3.9-1.4+1.4+4.0———

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AI summary

Veejay Lakshmi Engineering Works has completed dispatch of its Postal Ballot notice by email on June 30, 2026. Shareholders are being asked to vote on three resolutions through e-voting: adoption of a new set of Articles of Association, creation of mortgages or charges on company assets under Section 180(1)(a), and authorising the Board to borrow beyond paid-up capital and free reserves under Section 180(1)(c). Remote e-voting runs from July 1 to July 30, 2026 via the MUFG Intime platform. Results will be announced within 2 working days after voting closes.

Likely market impact

Shareholders should vote on 3 key resolutions covering borrowing powers, asset charges, and new Articles. E-voting open until July 30, 2026.