THE 50TH ANNUAL GENERAL MEETING OF THE COMPANY VEEJAY LAKSHMI ENGINEERING WORKS LIMITED WAS HELD ON THURSDAY 11-09-2025 AT 10.30AM. BUSINESS AS FOLLOWS WERE TRANSACTED AT THE MEETING. 1) ....
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Veejay Lakshmi Engineering Works held its 50th AGM on 11 September 2025 in Coimbatore from 10:30 AM to 12:20 PM. Chairman VJ. Jayaraman was absent due to health reasons, and Managing Director J. Anand presided over the meeting. A total of 24 shareholders attended in person (5 promoters and 19 public). Four ordinary resolutions were transacted: (1) adoption of FY25 financial statements, (2) re-appointment of VJ. Jayaraman as Director retiring by rotation, (3) re-appointment of J. Anand as Managing Director for three years from 1 October 2025 to 30 September 2028, and (4) appointment of K. Duraisami as Secretarial Auditor for five years from FY2025-26. The Chairman noted there were no qualifications or adverse comments in the Statutory or Secretarial Audit Reports. The board also inducted three new Independent Directors—Smt Sasirekha Vengatesh, Sri R. Gurubatham, and Sri T.S.V. Rajagopal—effective 24 September 2024, following the expiry of the tenure of three previous Independent Directors. Voting results are to be declared within 48 hours of the AGM close.
Routine AGM proceedings with no surprises—clean audit reports, continuity in leadership with J. Anand re-appointed as MD, and standard governance updates. The tenure continuity of the Managing Director and stable board composition should reassure shareholders, with the voting results pending confirmation.