Announced Mon, 23 Feb · 16:38 IST

Veejay Lakshmi Engineering Works Ltd-has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 02/03/2026 ,inter alia, to consider and approve 1. CONFIRMATION ....

Management Changes View source PDF

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

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

The company has informed BSE that an Independent Director, Mr. S.N. Gurubaram, resigned from the board with effect from February 12, 2025, citing personal pre-occupation as the reason. To fill this vacancy, a Board Meeting has been scheduled for March 02, 2025, to consider and approve the appointment of a new Independent Director. The Nomination and Remuneration Committee has recommended two candidates for the Board's consideration. This is a routine board-level reconstitution with a replacement already in the pipeline.

Likely market impact

This is a routine board change with no governance red flags — the company already has replacement candidates lined up via the NRC, so continuity on the board is expected. Minimal direct impact on shareholders or stock price.