Veejay Lakshmi Engineering Works Limited has fixed September 7, 2026 as the cut-off date for determining shareholders eligible to vote at its 51st Annual General Meeting (AGM). The meeting is scheduled to take place on September 14, 2026.

To facilitate this process, the company’s Register of Members and Share Transfer books will remain closed from September 8, 2026, to September 14, 2026. This book closure period ensures that only shareholders on record before the closure begin are eligible to exercise their voting rights during the general meeting.

Corporate Action Details

The intimation was issued under Regulation 42 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The notification was sent to the Bombay Stock Exchange and relevant depository participants.

The notice was signed by V.K. Swaminathan, Company Secretary, and copies were forwarded to Central Depository Services (India) Limited, MUFG Intime India Private Limited, and National Securities Depository Limited.

Veejay Lakshmi Engineering Works has completed the dispatch of its postal ballot notice on June 30, 2026, seeking shareholder approval to borrow funds up to ₹70 crore and adopt a new set of Articles of Association. The notice was sent electronically to members whose email addresses were registered with the company or depository participants as on the cut-off date of June 26, 2026. The remote e-voting period is scheduled from July 1, 2026, to July 30, 2026.

The Board of Directors, at its meeting on June 20, 2026, approved the proposal to replace the existing Articles of Association. The current regulations, based on the Companies Act, 1956, require updates to comply with the provisions of the Companies Act, 2013. Adoption of the new articles requires approval via a special resolution.

Key Resolutions

Shareholders will vote on three special resolutions. The first concerns the adoption of the new Articles of Association. The second resolution seeks approval to create mortgages, charges, or hypothecation on the company's assets, both present and future, to secure credit facilities from banks and financial institutions. The third resolution authorizes the Board to borrow monies exceeding the aggregate of the paid-up share capital, free reserves, and securities premium, capped at ₹70 crore.

E-Voting Process

The company has engaged MUFG Intime India Private Limited to facilitate the remote e-voting process. The voting window opens at 9.00 AM IST on July 1, 2026, and closes at 5.00 PM IST on July 30, 2026. Only members whose names appear in the Register of Members or Beneficial Owners as on the cut-off date of June 26, 2026, are eligible to vote.

In compliance with Ministry of Corporate Affairs circulars, the postal ballot notice is being sent electronically only. Hard copies of the notice and postal ballot forms will not be dispatched. Shareholders who have not registered their email addresses must do so with the Registrar & Share Transfer Agent to receive the e-voting credentials. The results of the postal ballot will be announced within two working days from the conclusion of the e-voting period.