Reappointment of Secretarial Auditor and Reappointment of the Managing Director and Whole Time Director of the Company
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LGB Forge's board, at its May 7, 2025 meeting, approved the audited financial results for Q4 and FY ending March 31, 2025 with an unmodified opinion from statutory auditors. The board recommended reappointing M/s. P. Eswaramoorthy and Company as Secretarial Auditors for a 5-year term (FY 2025-26 to FY 2029-30), subject to shareholder approval. It also approved the reappointment of Smt. Rajsri Vijayakumar (daughter of the Chairman) as Managing Director and Sri. A Sampath Kumar as Whole-Time Director, each for a 3-year term effective February 16, 2026, pending shareholder approval. The Annual General Meeting is scheduled for August 21, 2025 via video conference, with the share transfer books closed from August 15 to August 21, 2025.
This is a routine governance announcement with no negative news — clean audit, continuity in leadership, and stability of the board. Shareholders should watch the AGM for voting on these reappointments, but no immediate impact on stock price is expected.