Veejay Lakshmi Engineering Works Limited held a Board of Directors meeting on Saturday, 20th June 2026, which commenced at 3:30 PM and concluded at 6:15 PM. The Board considered and approved several resolutions requiring shareholder approval:

Key Resolutions Approved:

1. Adoption of New Articles of Association: The Board approved the proposal to adopt a new set of Articles of Association in line with the provisions of the Companies Act, 2013, which will completely replace and exclude the existing Articles of Association. This is subject to approval by shareholders through a special resolution.

2. Asset Disposal Authorization: The Board approved authorization to sell, lease, mortgage, or otherwise dispose of and/or create charge, mortgage, and/or hypothecation on the whole or substantially the whole of the company's undertakings. This authorization is pursuant to Section 180(1)(a) of the Companies Act, 2013 and subject to shareholder approval by special resolution.

3. Borrowing Limit Increase: The Board approved authorization to borrow funds in excess of the company's paid-up share capital and free reserves, up to a maximum amount of ₹70 Crores. This authorization is in accordance with Section 180(1)(c) of the Companies Act, 2013 and subject to shareholder approval by special resolution.

4. Postal Ballot Process: The Board approved conducting a Postal Ballot to obtain shareholder approval for the above matters. Mr. M.D. Selvaraj, Managing Partner of MDS & Associates LLP, Company Secretaries, Coimbatore, has been appointed as the Scrutinizer to ensure the Postal Ballot process is conducted in a fair and transparent manner and to ascertain the requisite majority. The Postal Ballot Notice will be submitted to the Stock Exchange in due course.

Additional Information:

The company's registered office is located at Sengalipalavam, N.G.G.O. Colony P.O., Coimbatore - 641 022, India. The information is also available on the company's website at www.veejaylakshmi.com.

The document was signed by V.K. Swaminathan, Company Secretary & Compliance Officer, with digital signature verification included.