LGBBROSLTDNSELG Balakrishnan & Bros Limited· Auto AncillariesMediumNeutral
Announced Sat, 21 Mar · 15:03 IST

LG Balakrishnan & Bros Limited has submitted the Exchange a copy Srutinizers report of Postal Ballot. Further, the company has informed the Exchange regarding voting results.

Management Changes View source PDF

LGBBROSLTD · price

Loading chart…

▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
+0.2%1-day move
₹1714.00
prior close
₹1684.00
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.7+0.4+0.3+1.0+0.2+1.7-0.9-4.2-0.9-0.6+2.6+4.2-9.8-9.3
Up moveDown movePending
AI summary

LG Balakrishnan & Bros Limited has submitted the voting results and Scrutinizer's Report for a Postal Ballot conducted via remote e-voting between February 19 and March 20, 2026. The single Special Resolution sought shareholder approval for the re-appointment of Dr. Vinay Balaji Naidu (DIN: 09232643) as a Non-Executive Independent Director for a second five-year term starting August 4, 2026. Out of 38,081 shareholders on the cut-off date, 216 valid e-votes were cast representing 1,75,94,421 shares, with 207 members (1,75,94,146 shares, effectively 100%) voting in favour and only 9 members (275 shares, negligible) voting against. The resolution was declared passed with the requisite majority, and signed by Executive Chairman B. Vijayakumar (DIN: 00015583).

Likely market impact

This is a routine governance approval with near-unanimous shareholder support, indicating no controversy around the re-appointment. Investors should expect continuity on the board with no material impact on the stock price.