L.G. BALAKRISHNAN & BROS LIMITED

Meeting Details

The 70th AGM was held on Wednesday, August 26, 2026, at 10:00 AM IST through VC/OAVM facility. The meeting was conducted in accordance with Sections 108 and 109 of the Companies Act, 2013, Rule 20 of the Companies (Management and Administration) Rules, 2014 (as amended), and Regulation 44 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Voting Process

Remote e-voting period commenced on Sunday, August 23, 2026, at 09:00 AM IST and ended on Tuesday, August 25, 2026, at 05:00 PM IST. Cut-off date for determining voting eligibility was August 19, 2026. The company appointed Mr. M D Selvaraj, FCS, Managing Partner of M/s. MDS & Associates LLP, as Scrutinizer to conduct the remote e-voting and e-voting at the AGM.

Resolution Outcomes

Item No. 1 - Ordinary Resolution

Adoption of audited standalone financial statements along with consolidated financial statements for FY ended March 31, 2026.

  • Total valid votes: 1,74,85,684 shares (100.00%)
  • Votes in favor: 1,74,85,674 shares (100.00%)
  • Votes against: 10 shares (Negligible)
  • 2 shareholders holding 1,02,315 equity shares abstained from voting

Item No. 2 - Ordinary Resolution

Declaration of dividend of ₹22 per equity share for FY ended March 31, 2026.

  • Total valid votes: 1,75,87,999 shares (100.00%)
  • Votes in favor: 1,75,87,989 shares (100.00%)
  • Votes against: 10 shares (Negligible)

Item No. 3 - Ordinary Resolution

Re-appointment of Sri. B. Vijayakumar (DIN: 00015583) as Director on retirement by rotation.

  • Total valid votes: 1,75,87,999 shares (100.00%)
  • Votes in favor: 1,75,00,716 shares (99.50%)
  • Votes against: 87,283 shares (0.50%)

Item No. 4 - Ordinary Resolution

Re-appointment of Smt. Rajsri Vijayakumar (DIN: 00018244) as Director on retirement by rotation.

  • Total valid votes: 1,75,87,999 shares (100.00%)
  • Votes in favor: 1,75,01,959 shares (99.51%)
  • Votes against: 86,040 shares (0.49%)

Item No. 5 - Special Resolution

Approval for continuation of Sri. S. Sivakumar (DIN: 00016040) as Non-Executive Non-Independent Director notwithstanding him attaining age 75 years.

  • Total valid votes: 1,75,87,999 shares (100.00%)
  • Votes in favor: 1,75,51,002 shares (99.79%)
  • Votes against: 36,997 shares (0.21%)

Item No. 6 - Ordinary Resolution

Ratification of remuneration payable to Dr. G. L. Sankaran (Membership No. 4482), Cost Auditor for FY 2026-27.

  • Total valid votes: 1,75,87,999 shares (100.00%)
  • Votes in favor: 1,75,87,988 shares (100.00%)
  • Votes against: 11 shares (Negligible)

Scrutinizer Report Details

The Combined Scrutinizer's Report was prepared by M D Selvaraj of MDS & Associates LLP (LLPIN: ABZ-8060). The e-voting services were provided by Central Depository Services (India) Limited (CDSL). Votes were unblocked on August 26, 2026, at 01:09 PM IST in the presence of witnesses Mr. Rohan J and Ms. Divya Barathi L. R.