The voting results and the scrutinizers report of the AGM held on 21.08.2025 are attached
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
LGB Forge Limited held its 19th Annual General Meeting on August 21, 2025, via video conferencing from 3:00 PM to 3:48 PM, with 53 shareholders attending (8 from the promoter group and 45 from the public). The company has 39,174 shareholders on record as of the cut-off date (August 14, 2025), and total shares outstanding stand at 23,82,02,463. Six resolutions were voted on, with total voting participation of about 36% of outstanding shares for resolutions 1–5, and 23.9% for resolution 6, where promoter shares (5,63,46,662) were treated as invalid votes due to related party interest. All six resolutions were passed with overwhelming support (over 99.9% in favour). The resolutions covered adoption of FY25 audited financial statements, re-appointment of retiring director Sri. A. Sampath Kumar, appointment of M/s P. Eswaramoorthy and Company as Secretarial Auditor for five years (April 2025 to March 2030), re-appointment of Smt. Rajsri Vijayakumar as Managing Director and Sri. A. Sampath Kumar as Whole Time Director for three years each effective February 16, 2026, and approval of material related party transactions with M/s. L.G. Balakrishnan & Bros Limited.
All key proposals — including director re-appointments, the 5-year secretarial auditor appointment, and the material related party transaction with L.G. Balakrishnan & Bros — sailed through with near-unanimous support, signalling strong shareholder alignment with management. For investors, this removes governance overhang and confirms continuity in leadership, with no material dissent on related party dealings. No negative price action is expected from this filing as it is a procedural disclosure.