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.
LGBBROSLTD · price
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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).
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.