Attached is the Postal Ballot e-voting results and the Scrutinizers Report

Core Business DivestedStrategic Transactions View source PDF Explain this filing

Price

Loading chart…

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

Price reactionminutes from the announcement price · days from the prior close

+10.7%Reaction day

₹7.50

prior close

₹7.69

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+1.2%+9.5% vs market

Auto Components & Equipments peers, median of 112sector+1.0%+9.6% vs sector

On the reaction day the stock moved 9.5 pts more than Nifty Microcap 250 and 9.6 pts more than its Auto Components & Equipments peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

+0.0

10m

+0.0

15m

+0.1

30m

+4.0

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+10.7+1.2+9.5+1.0+9.6

Next day

+14.7+0.6+14.1+0.4+14.3

+6.3+1.7+4.6+1.3+5.0

+9.3+3.0+6.3+1.7+7.6

+7.7+2.8+5.0+0.7+7.1

+6.9+1.3+5.6-0.5+7.4

+8.9+3.6+5.3+1.2+7.8

15d

+4.0+6.4-2.4+4.2-0.2

-5.2+2.3-7.5-0.9-4.3

-29.2+11.4-40.6+3.4-32.6

-24.3+12.6-36.9+6.2-30.4

UpDownMarket · Nifty Microcap 250Sector · Auto Components & Equipments peers, median of 112Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

LGB Forge Ltd has received shareholder approval via postal ballot for selling or disposing of its non-core assets (land) to M/s. LGB Educational Institution, a Trust belonging to the Promoter Group. The resolution was passed as an Ordinary Resolution with overwhelming majority - 771,009 votes in favour (99.74%) and only 1,947 votes against (0.26%) out of 772,986 valid votes cast. The e-voting period ran from March 17, 2026 to April 15, 2026. Promoters did not participate in voting (0 votes), which is standard for related party transactions. The scrutinizer confirmed the resolution was passed with requisite majority on April 15, 2026.

Likely market impact

The sale of non-core assets to the promoter group trust may raise related party transaction concerns among minority shareholders. The near-unanimous approval suggests strong promoter control. The impact on stock will depend on the size and valuation of the non-core assets being transferred.