Dividend2 May 2026, 08:21 pm
LGB Declares ₹22 Dividend; Reappoints Auditors & Director
AI Summary
LG Balakrishnan & Bros Ltd's board approved a dividend of ₹22 per share (220% of face value) for FY26, subject to shareholder approval at the AGM. The board also recommended the continuation of Sri.S.Sivakumar as a Non-Executive Non-Independent Director beyond age 75, pending shareholder approval. Additionally, Dr G L Sankaran was re-appointed as Cost Auditor for FY27, and Sri.G.Jawaharlal and Mjs.Lathi & Tapdiya were re-appointed as Internal Auditors for FY27.
Key Highlights
- LGB recommends a dividend of ₹22 per share for FY26, pending shareholder approval.
- Sri.S.Sivakumar's directorship continuation beyond 75 is recommended, subject to shareholder approval.
- Dr G L Sankaran re-appointed as Cost Auditor for FY27.
- Sri.G.Jawaharlal and Mjs.Lathi & Tapdiya re-appointed as Internal Auditors for FY27.
Price Impact
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