Meeting Details
The 20th Annual General Meeting was held on Friday, 14th August, 2026 at 3:00 PM (IST) through Video Conferencing (VC) / Other Audio Visual Means (OAVM). The meeting was conducted in accordance with Section 108 of the Companies Act, 2013, Rule 20 of the Companies (Management and Administration) Rules, 2014, Regulation 44 of SEBI (LODR) Regulations, 2015, and relevant MCA and SEBI circulars.
Attendance
Directors Present:
- Sri. B. Vijayakumar (DIN: 00015583) - Chairman & Non-Executive Director
- Smt. Rajsri Vijayakumar (DIN: 00018244) - Managing Director
- Sri. A. Sampath Kumar (DIN: 00015978) - Executive Director
- Sri. S Ganesh (DIN: 08617166) - Independent Director and Chairman of Audit Committee
- Sri. C Rajaram (DIN: 01972102) - Independent Director and Chairman of Nomination and Remuneration Committee
- Sri. Prem Kumar Parthasarathy (DIN: 07126673) - Independent Director and Chairman of Stakeholders Relationship Committee
Other Attendees:
- Smt. Narmatha G K, Company Secretary & Compliance Officer
- Sri. Venkatesan N, Chief Financial Officer
- Smt. Suguna Ravichandran of M/s. N.R. Doraisami & Co, Chartered Accountants (Statutory Auditors)
- Sri. P. Eswaramoorthy, FCS of M/s. P. Eswaramoorthy and Company (Secretarial Auditors and Scrutinizer)
Shareholder Participation:
49 members representing 7,84,43,805 equity shares attended the meeting through VC/OAVM.
Absent Directors:
Sri. Murugesa Saravana Marthandam (DIN: 09623736) and Sri. Sajeev Mathew Rajan (DIN: 01252269) - Independent Directors requested leave of absence.
Proceedings Summary
The Chairman welcomed members and confirmed the meeting was conducted electronically as per MCA and SEBI circulars. The requisite quorum was present. Company registers were made available electronically for inspection by emailing secretarial@lgbforge.com.
The Notice of AGM, Audited Financial Statements, Directors' Report for FY ended 31st March, 2026, Statutory Auditors' Report, and Secretarial Auditors' Report were taken as read. The Statutory and Secretarial Auditors' Reports contained no qualifications, observations, comments, or adverse remarks.
Smt. Rajsri Vijayakumar, Managing Director, briefed members on the Company's operational performance and key highlights during FY 2025-26, and shared future direction and plans for the upcoming financial year. Sri. Sampath Kumar A, Whole-Time Director, addressed shareholders on operational efficiency, digital footprint, green initiatives, and other strategic developments.
Voting Process
The Company provided remote e-voting facility through Central Depository Services (India) Limited (CDSL) from Tuesday, 11th August, 2026 at 9:00 AM (IST) to Thursday, 13th August, 2026 at 5:00 PM (IST). Shareholders present at the AGM who had not voted remotely could vote electronically during the meeting.
Sri P. Eswaramoorthy was appointed as Scrutinizer to oversee the remote e-voting and e-voting process.
Resolutions Considered
Ordinary Business:
1. Adoption of Audited Financial Statements for FY ended 31st March, 2026, Directors' Report, and Statutory Auditors' Report
2. Re-appointment of Smt. Rajsri Vijayakumar (DIN: 00018244) as Director retiring by rotation
Special Business:
3. Approval of material-related party transactions between the Company and M/s. L.G. Balakrishnan & Bros Limited
For Agenda Item No. 3, Sri. B Vijayakumar vacated the Chair due to interest, and Sri. S Ganesh occupied the Chair for this resolution.
Shareholder Interaction
Nine shareholders registered as speakers for the AGM. Three participated and raised queries, which were responded to and clarified by the Chairman and Managing Director.
Meeting Conclusion
The e-voting facility remained open for 15 minutes after the discussion for shareholders present to cast votes. The meeting concluded at 3:53 PM on 14th August, 2026.
The voting results will be declared within prescribed time, with the consolidated scrutinizer's report and voting results submitted to CDSL (https://www.evotingindia.com), BSE Limited (https://www.bseindia.com), and placed on the Company's website (www.lgbforge.com).