Q1 FY27 results, director appointment, MOA/AOA changes approved
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LGB Forge's board approved Q1 FY27 standalone unaudited results for the quarter ended June 30, 2026 with an unmodified auditor opinion. Results include an exceptional gain of Rs. 1,005.52 lakhs from sale of land. Board appointed Sri. Arjun Parthasarathy as additional non-executive director, and approved altering MOA and AOA to align with Companies Act 2013. A postal ballot will seek shareholder approval. Disclosure on auditor resignation was also made.
Unmodified auditor opinion and one-time land sale gain support Q1 results. Director appointment and constitutional changes need shareholder approval via postal ballot.