StockWatch
·
Industrial Products
Shareholding29 Aug 2026, 01:01 pm

Veejay Lakshmi Engineering: 96,923 Shares Transferred from Ex-Promoter to Current Chairman

AI Summary

Veejay Lakshmi Engineering Works Ltd announced the transmission of 96,923 equity shares previously held by ex-promoter Chairman V.J. Jayaraman. These shares have been transferred to the existing Promoter, Chairman, and Managing Director, DIN 00137425 & PAN ACBPMAS11, who is the nominee and heir. The transmission was effected on March 28, 2026. The company clarified that this transfer occurs among promoter group shareholders, the transferee is a relative and nominee of the transferor, and the transferee is the current Chairman and Managing Director. Importantly, there has been no change in the overall promoters and Key Managerial Personnel of the company.

Key Highlights

  • 96,923 equity shares transferred from ex-promoter V.J. Jayaraman.
  • Shares transferred to current Chairman and MD, a nominee and heir.
  • Transmission occurred among promoter group shareholders.
  • No change in overall promoters or Key Managerial Personnel.
  • Transaction effected on March 28, 2026.