Veejay Lakshmi Engineering Works to Hold Board Meeting to Fix Borrowing Limit

Veejay Lakshmi Engineering Works to Hold Board Meeting to Fix Borrowing Limit

Veejay Lakshmi Engineering Works to Hold Board Meeting to Fix Borrowing Limit​

Veejay Lakshmi Engineering Works Ltd has scheduled its 230th meeting of the Board of Directors. The meeting is set to take place in Coimbatore on May 10, 2026.

The primary purpose of the board meeting is to consider and finalize the company's Borrowing Limit. The resolution concerning the fixed borrowing limit will require subsequent approval by the General Body of shareholders.

The event aims to address the financial framework pertaining to the company's borrowing capacity, which will be determined at the scheduled corporate gathering in Coimbatore on May 10, 2026.

Stock Price Movement​

Veejay Lakshmi Engineering Works Ltd. settled at ₹36.00 on Friday, declining 2.70% in the post-market session. The shares traded within a narrow band during the day, experiencing movement between the intraday high of ₹37.90 and the low of ₹36.00.
 

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