We have enclosed herewith the Declaration of Results on the voting on Resolution(s) set out in the Postal Ballot Notice dated March 2, 2026.
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Veejay Lakshmi Engineering Works Ltd has declared the results of its postal ballot voting conducted via remote e-voting from March 11, 2026 to April 9, 2026. Four resolutions were passed with overwhelming shareholder approval of 99.97%. The resolutions include the appointment of Mr. Sargunam Ranganathan as both Non-Independent Director (Ordinary Resolution) and Whole-time Director (Special Resolution), as well as the appointment of Mr. Sanjay Dharamsi Shah and Ms. Indira Veeraraghavan as Independent Directors (both Special Resolutions). Out of 4,227 eligible members, only 17 participated in voting, with 13 voting in favor and 4 dissenting. The scrutinizer was M/s MDS & Associates LLP, and results were declared on April 10, 2026.
The company has strengthened its board with new director appointments, including two independent directors, which may signal improved governance. The near-unanimous voting results indicate strong management backing with minimal shareholder opposition.