Key Resolutions for Approval

1. Ordinary Resolution: Appointment of Sri. Arjun Parthasarathy (DIN: 01892022) as Non-Executive Non-Independent Director of the Company for a period of three years with effect from August 11, 2026

2. Special Resolution: Alteration of the Objects Clause and Adoption of new set of the Memorandum of Association of the Company to include new business activities related to petroleum products, fuels, lubricants and allied products

3. Special Resolution: Alteration and replacement of the existing Articles of Association with a new set of Articles aligned with Companies Act, 2013

Voting Details and Timeline

  • Cut-off date for determining eligible shareholders: Friday, 14th August 2026
  • Notice sending date: Tuesday, 18th August 2026 (by electronic mode)
  • Remote e-voting period: Commences Thursday, 20th August 2026 at 09:00 AM and ends Friday, 18th September 2026 at 05:00 PM
  • Results declaration: On or before Tuesday, 22nd September 2026
  • Deemed passing date: If passed, resolutions deemed passed on Friday, 18th September 2026 at 05:00 PM

Service Providers Appointed

  • Scrutinizer: Mr. P. Eswaramoorthy (Membership No. FCS 6510, Certificate of Practice No. 7069) of M/s. P. Eswaramoorthy and Company, Company Secretaries in Practice
  • E-voting service provider: Central Depository Services (India) Limited (CDSL)
  • Registrar and Transfer Agent: Cameo Corporate Services Limited

Director Appointment Details

  • Name: Arjun Parthasarathy (DIN: 01892022)
  • Age: 46 years (Date of Birth: 19/09/1979)
  • Qualification: M.S – Integrated Marketing, USA
  • Experience: Over 18 years in metal forming industry, currently Director of Metal Forms Private Limited since July 2007
  • Relationship: Brother-in-law of Smt. Rajsri Vijayakumar, Managing Director of the Company
  • Directorships: Holds directorships in 6 other companies including Metal Forms Private Limited, Metal Forms Ageis Private Limited, Orient Hydraulics Private Limited, AAA Kids Clothing Private Limited, Trebu Technology Private Limited, and IllumoTech Solutions Private Limited
  • Remuneration: Nil (Non-Executive position)
  • Shareholding: Nil shares in the company

Memorandum of Association Changes

The company proposes to add a new sub-clause 11 to Clause III.A. of the Memorandum of Association to enable business activities in:

  • Importing, exporting, purchasing, selling, distributing, supplying, wholesaling, retailing, marketing, trading, storing, transporting, and dealing in all kinds of petroleum products, fuels, alternative fuels, renewable fuels, biofuels, synthetic fuels, blended fuels
  • Lubricants, industrial oils, automotive oils, greases, hydraulic oils, engine oils, gear oils, transmission oils, compressor oils, turbine oils, transformer oils, coolants, additives, fuel additives, oil additives and other allied products
  • Acting as dealers, distributors, stockists, agents, franchisees, commission agents, representatives or contractors for such products

Articles of Association Changes

The existing Articles of Association based on Companies Act, 1956 will be replaced with a new set of Articles aligned with Companies Act, 2013 and Table F of Schedule I to the Act.

Shareholder Communication

  • Notice sent only electronically to shareholders with registered email addresses
  • No physical copies dispatched
  • Available on company website www.lgbforge.com and CDSL website www.evotingindia.com
  • Also available on BSE website www.bseindia.com

Financial Impact

Not quantified in the disclosure. The changes to Memorandum and Articles of Association are structural and governance-related without immediate financial impact quantification.

Capital Structure Impact

No immediate impact on share capital structure disclosed. The director appointment does not involve share issuance or capital change.

Governance Impact

The resolutions represent significant governance changes including board composition alteration and fundamental document revisions affecting company's constitutional framework.