Veejay Lakshmi Engineering Works Limited held its 51st Annual General Meeting on September 14, 2026, in Coimbatore. The meeting adopted the annual financial statements for the year ended March 31, 2026, and approved the reappointment of a director retiring by rotation.

The company disclosed a delay in submitting the AGM proceedings to the stock exchange. The filing occurred on September 15, 2026, exceeding the 12-hour regulatory window. The company attributed the delay to the closure of its registered office on Vinayaka Chaturthi, which prevented access to necessary communication facilities and data.

Board changes and appointments

During the fiscal year, the board composition changed due to the expiry of an independent director's tenure and other cessations. The AGM ratified new appointments made earlier in the year.

• Smt Indira Veeraraghavan and Sri Sanjay Dharamsi Shah were appointed as Independent Directors effective April 9, 2026, for a term of five consecutive years.
• Sri Sargunam Ranganathan was appointed as Wholetime Director effective April 9, 2026.

The Chairman and Managing Director, Sri J. Anand, presided over the meeting. He noted that there were no qualifications or adverse comments in the Statutory Audit Report or the Secretarial Audit Report for the year under review.

Voting and shareholder participation

A total of 27 shareholders attended the meeting in person. This included one representative from the promoter group and 26 public shareholders. The quorum was present, allowing the meeting to proceed.

Voting was conducted via remote e-voting and physical ballot at the meeting. Sri K. Duraisami, Practicing Secretary, served as the scrutinizer. Results were scheduled for declaration within 48 hours of the meeting's conclusion.

Key resolutions passed

Two ordinary resolutions were transacted during the meeting:

1. Adoption of the Annual Financial Statements, including the Statement of Profit and Loss, Cash Flow Statement, Balance Sheet, Board Report, and Auditors' Report for FY26.
2. Reappointment of Smt Arthi Anand (DIN 07151584) as Director, who retired by rotation and offered herself for reappointment.

No special business was considered. The Chairman briefed members on general working conditions and future proposals to improve performance, though no specific financial metrics were disclosed during the session.

Veejay Lakshmi Engineering Works secured unanimous approval for its FY26 financial statements and the reappointment of Smt Arthi Anand as a director at its 51st Annual General Meeting. The resolutions passed with 100% of the votes cast, reflecting strong shareholder backing.

The meeting was held on September 14, 2026, in Coimbatore, with proceedings presided over by Chairman and Managing Director J. Anand. A total of 27 shareholders attended the physical session, comprising one promoter group representative and 26 public shareholders. The quorum was present, allowing the meeting to commence at 10:00 am and conclude at 12:30 pm.

Voting Results

The scrutinizer’s report, submitted by Sri K. Duraisami, Practicing Company Secretary, confirmed that both ordinary resolutions were passed with requisite majority. A total of 36 members voted, representing 2,100,963 votes (approximately 41.42% of total outstanding shares). All votes cast were in favour of the resolutions, with zero votes against or abstained.

The voting process included remote e-voting from September 11 to September 13, 2026, and ballot voting during the AGM. The promoter group contributed the majority of the polled votes, accounting for approximately 99.89% of the total votes cast across both resolutions.

Board Changes

The company reported changes to the Board of Directors during the fiscal year. Following the expiry of tenure for an independent director and the cessation of others, new appointments were made effective April 9, 2026:

Sri T.S.V. Rajagopal continues to serve as the Chairperson of the Audit Committee, Nomination and Remuneration Committee, and Stakeholders Relationship Committee.

Audit and Compliance

The Chairman confirmed that the Statutory Audit Report and Secretarial Audit Report for the year under review contained no qualifications or adverse comments. The Register of Shareholding of Directors and Key Managerial Personnel, along with the Register of Contracts or Arrangements, was kept open for inspection by members.

Voting results were declared within 48 hours of the meeting's close. The scrutinizer's report and voting outcomes were posted on the company website and stock exchange portals.