BSELGB Forge LtdLowNeutral
Announced Thu, 21 Aug · 21:01 IST

Proceedings of the 19th Annual General Meeting of the Company

Board & Shareholder Meetings View source PDF

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

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Awaiting price reaction for this filing.

AI summary

LGB Forge Limited held its 19th Annual General Meeting on 21st August 2025 via Video Conferencing from 3:00 PM to 3:48 PM IST. A total of 53 members attended, representing 7,04,94,654 equity shares. All 9 directors, including the Chairman, Managing Director, and Independent Directors, were present along with the Company Secretary, CFO, Statutory Auditors, and Secretarial Auditors. Six resolutions were transacted, including adoption of audited financial statements for FY ending 31st March 2025, re-appointment of Sri. A Sampath Kumar as a director retiring by rotation, appointment of M/s P. Eswamoorthy and Company as Secretarial Auditors for 5 years, re-appointment of Smt. Rajsri Vijayakumar as Managing Director and Sri. A. Sampath Kumar as Whole-Time Director for 3 years each from 16th February 2026, and approval of material related party transactions with M/s L.G. Balakrishnan & Bros Limited. The statutory and secretarial auditors' reports had no qualifications, observations, or adverse remarks. E-voting was conducted through CDSL, and voting results are pending declaration.

Likely market impact

This is a routine procedural disclosure confirming the AGM was held and outlining resolutions voted upon. Key items include leadership continuity with re-appointments of the Managing Director and Whole-Time Director, along with a new 5-year secretarial auditor appointment. Investors should watch for the formal voting results to be declared shortly to confirm approval of the related party transaction with L.G. Balakrishnan & Bros Limited.