Promoter shareholding decreased by 1.40% YoY, contrasting with sector average stability (0%) indicating a negative trend specific to Veejay Lakshmi.

Institutional shareholding remained unchanged both YoY and QoQ, aligning with sector averages, indicating a lack of confidence from smart money.

Public shareholding increased by 1.69% YoY but decreased by 0.54% QoQ, suggesting reactive retail interest without support from insiders or institutions.