Meeting Details

The 20th Annual General Meeting was held on Friday, 14th August 2026 at 03:00 PM (IST) through Video Conferencing/Other Audio-Visual Means. The cut-off date for determining shareholders entitled to vote was 7th August 2026, with 38,055 total shareholders on record.

Attendance Details

  • 49 shareholders attended the meeting through video conferencing
  • 7 from Promoter and Promoter Group (including 1 Director and Shareholder)
  • 41 from Public shareholders

Voting Process Details

Remote e-voting period commenced from Tuesday, 11th August 2026 at 09:00 AM and ended on Thursday, 13th August 2026 at 05:00 PM. The scrutinizer was P. Eswaramoorthy of M/s. P. Eswaramoorthy and Company, Company Secretaries in Practice, Coimbatore.

Resolution Voting Results

Resolution 1: Ordinary Resolution - Adoption of Audited Financial Statements
  • Description: To receive, consider and adopt the Audited Financial Statements of the Company for the financial year ended March 31, 2026 with the reports of the Board of Directors' and Auditor's thereon
  • Total votes polled: 7,87,35,002 shares (33.05% of outstanding shares)
  • Votes in favor: 7,87,35,000 shares (100.00% of votes polled)
  • Votes against: 2 shares (0.00% of votes polled)
  • Result: Passed as Ordinary Resolution
Resolution 2: Ordinary Resolution - Re-appointment of Director
  • Description: To appoint a Director in place of Smt. Rajsri Vijayakumar (DIN: 00018244) who retires by rotation and being eligible offers herself for re-appointment
  • Total votes polled: 7,87,35,002 shares (33.05% of outstanding shares)
  • Votes in favor: 7,87,27,066 shares (99.99% of votes polled)
  • Votes against: 7,936 shares (0.01% of votes polled)
  • Result: Passed as Ordinary Resolution
Resolution 3: Ordinary Resolution - Material Related Party Transactions
  • Description: Approval of Material Related Party Transactions between the Company and M/s. L.G. Balakrishnan & Bros Limited
  • Total votes polled: 4,92,724 shares (0.21% of outstanding shares)
  • Votes in favor: 4,89,704 shares (99.39% of valid votes polled)
  • Votes against: 3,020 shares (0.61% of valid votes polled)
  • Invalid votes: 7,82,42,278 shares (from 8 promoter shareholders)
  • Result: Passed as Ordinary Resolution

Scrutinizer's Report Key Findings

The scrutinizer's report dated 17th August 2026 confirmed:

  • 80 members voted through remote e-voting, 5 through e-voting during AGM
  • 7 promoter shareholders including 5 promoter body corporate shareholders and 1 Director cum shareholder holding 7,82,42,278 shares voted by remote e-voting for Resolution No. 3 were considered invalid
  • All resolutions passed with requisite majority

Shareholding Structure

Total outstanding shares: 23,82,02,463 shares

  • Promoter and Promoter Group: 16,86,71,312 shares (70.81%)
  • Public Institutions: 26,520 shares (0.01%)
  • Public Non-Institutions: 6,95,04,631 shares (29.18%)

Disclosure Compliance

The voting results and scrutinizer's report are available on the Company's website (www.lgbforge.com) and on the website of Central Depository Services Limited (www.evotingindia.com) as required under Regulation 44(3) of SEBI (LODR) Regulations, 2015.