LG Balakrishnan & Bros Limited has informed the Exchange regarding Notice of Annual General Meeting to be held on August 21, 2025
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L.G. Balakrishnan & Bros Limited has issued the notice for its 69th Annual General Meeting scheduled on Thursday, August 21, 2025 at 10:00 a.m. IST, to be held via Video Conferencing (VC) / Other Audio-Visual Means (OAVM). Key agenda items include adoption of audited financial statements for FY 2024-25, declaration of a dividend of ₹20 per equity share, re-appointment of two directors (Sri. Rajiv Parthasarathy and Sri. S. Sivakumar) who retire by rotation, appointment of M/s. MDS & Associates LLP as Secretarial Auditors for a 5-year term (FY 2025-26 to FY 2029-30), and ratification of the Cost Auditor's remuneration of ₹2,75,000 for FY 2025-26. The record date / cut-off for e-voting eligibility is August 14, 2025, and remote e-voting will be open from August 18 (9:00 a.m.) to August 20 (5:00 p.m.). If approved at the AGM, the dividend will be paid on or before September 15, 2025.
This is a routine AGM notice. The ₹20 per share dividend (subject to shareholder approval at the AGM) is a positive signal for income-seeking shareholders. The record date of August 14, 2025 is relevant for determining dividend eligibility, and investors should ensure their shares and KYC details are updated to receive the dividend.