Veejay Lakshmi Engineering Works Ltd () News & Corporate Actions | Announcements, Board Meetings, Splits, Bonuses, Rights Issues

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Despite a robust 36.59% year-on-year revenue surge to ₹24.45 crores, the company's inability to translate topline growth into bottom-line profitability underscores severe operational inefficiencies and margin pressures that have plagued the business for consecutive quarters." }, { "title": "Veejay Lakshmi Engineering Works Ltd Reports Positive Quarterly Turnaround Amid Challenging Market", "link": "https://www.marketsmojo.com/news/stocks-in-action/veejay-lakshmi-engineering-works-ltd-reports-positive-quarterly-turnaround-amid-challenging-market-4020279", "imagepath": "https://i.marketsmojo.com/newsimg/2026/5/VeejayLakshmiEn_fintrenddot_4020279.png", "date": "2026-05-29 11:02:06", "description": "Veejay Lakshmi Engineering Works Ltd, a micro-cap player in the industrial manufacturing sector, has demonstrated a notable improvement in its financial performance for the quarter ended March 2026. After a prolonged period of negative trends, the company’s latest quarterly results reveal a positive shift in revenue growth and margin metrics, signalling early signs of a turnaround despite ongoing market headwinds." } ], "total": 116, "sid": "577532", "stock_news_url": "https://www.marketsmojo.com/news/veejay-lakshmi-engineering-works-577532" }, "announcements": [ { "caption": "Shareholder Meeting / Postal Ballot-Notice of Postal Ballot", "datetime": "20-Jun-2026", "details": "The Board of Directors at its meeting held today has approved the proposal to conduct a postal ballot to obtain the approval of the members for 1. Adoption of new set of Articles of Association of the Company 2. Creation of mortgage on the assets of the Company 3. Borrowing in excess of the limits specified under Section 180(1)(c) of the Companies Act 2013", "source": "BSE" }, { "caption": "Board Meeting Outcome for Outcome For The Board Meeting Held On 20Th June 2026", "datetime": "20-Jun-2026", "details": "We wish to inform you that the Board of Directors of the Company at its meeting held on Saturday 20th June 2026 inter alia has considered and approved the 1. proposal for adoption of a new set of Articles of Association of the Company 2. proposal 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 undertaking(s) of the Company in accordance with Section 180(1)(a) of the Companies Act 2013 3. proposal to authorize the Board of Directors of the Company to borrow in excess of the paid-up share capital and free reserves of the Company up to an amount not exceeding Rs. 70 Crores in accordance with the provisions of Section 180(1)(c) of the Companies Act 2013.", "source": "BSE" }, { "caption": "Announcement under Regulation 30 (LODR)-Amendments to Memorandum & Articles of Association", "datetime": "20-Jun-2026", "details": "The Board of Directors at their meeting held on Saturday 20th June 2026 inter alia has considered and approved the adoption of a new set of Articles of Association of the Company in place of the existing Articles of Association of the Company.", "source": "BSE" } ], "corporate_actions": [ { "img": "board-meeting.svg", "title": "BOARD MEETING", "msg": "<span>No</span> Upcoming Board Meetings", "data": [] }, { "img": "dividend.svg", "title": "DIVIDEND", "msg": "", "data": [ { "txt": "Veejay Lakshmi Engineering Works Ltd has declared <strong>10%</strong> dividend, ex-date: 11 Sep 08", "dt": "2008-09-11", "middle_text": "Dividend Alert" } ] }, { "img": "splits.svg", "title": "SPLITS", "msg": "No <strong>Splits</strong> history available", "data": [] }, { "img": "bonus.svg", "title": "BONUS", "msg": "No <strong>Bonus</strong> history available", "data": [] }, { "img": "rights-issues.svg", "title": "RIGHTS", "msg": "No <strong>Rights</strong> history available", "data": [] } ] }

Key Events This Week

May 25: Stock opens at Rs.37.50, down 1.29% while Sensex gains 1.23%

May 27: Stock rebounds with a 2.19% gain to Rs.38.32 as Sensex rises 0.31%

May 29: Positive quarterly results announced; stock closes at Rs.38.95 (+1.64%) despite Sensex decline of 1.34%

Read full news article

Veejay Lakshmi Engineering Works Q4 FY26: Mounting Losses Despite Revenue Surge Signal Deeper Operational Crisis

2026-05-29 16:28:33

Veejay Lakshmi Engineering Works Ltd., a Coimbatore-based textile machinery manufacturer, reported a consolidated net loss of ₹0.35 crores for Q4 FY26, marking a sharp deterioration from the ₹0.14 crores profit posted in the corresponding quarter last year. Despite a robust 36.59% year-on-year revenue surge to ₹24.45 crores, the company's inability to translate topline growth into bottom-line profitability underscores severe operational inefficiencies and margin pressures that have plagued the business for consecutive quarters.

Read full news article

Veejay Lakshmi Engineering Works Ltd Reports Positive Quarterly Turnaround Amid Challenging Market

2026-05-29 11:02:06

Veejay Lakshmi Engineering Works Ltd, a micro-cap player in the industrial manufacturing sector, has demonstrated a notable improvement in its financial performance for the quarter ended March 2026. After a prolonged period of negative trends, the company’s latest quarterly results reveal a positive shift in revenue growth and margin metrics, signalling early signs of a turnaround despite ongoing market headwinds.

Read full news article