Continuation of directorship of Sri S Sivakumar (DIN: 00016040) as a Non-Executive Non-Independent Director beyond the age of 75 years
LGBBROSLTD · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
The Board meeting held on May 2, 2026 approved multiple items including audited financial results for Q4 and FY2026. Standalone revenue grew 16% to Rs 2,77,348 lakhs while consolidated revenue rose 19.3% to Rs 3,07,563 lakhs. Standalone PAT increased 5.4% to Rs 30,634 lakhs and consolidated PAT grew 5.5% to Rs 31,874 lakhs. The Board recommended a dividend of Rs 22 per share (220% on face value). Directors approved continuation of Sri S Sivakumar (over 75 years) as Non-Executive Non-Independent Director subject to shareholder approval. A resignation from senior management was also disclosed. Statutory auditors issued unmodified (clean) opinion.
Strong revenue growth of 19.3% on consolidated basis indicates solid business expansion. PAT growth of 5.5% and clean audit opinion are positive signals. The dividend declaration provides immediate shareholder returns. Senior management resignation may require monitoring for operational impact.