
Dividend2 May 2026, 08:41 pm
LGB declares ₹22/share dividend for FY26
AI Summary
LG Balakrishnan & Bros Ltd's board approved audited standalone and consolidated financial results for the quarter/year ended March 31, 2026. They recommended a dividend of ₹22 per share (220% of face value) for FY26, subject to shareholder approval at the AGM. The dividend will be paid to members on record as of August 19, 2026, with payment on or before September 18, 2026. The board also approved the continuation of Sri.S.Sivakumar as a Non-Executive Non-Independent Director and re-appointed Dr G L Sankaran as Cost Auditor and Sri.G.Jawaharlal and Mjs.Lathi & Tapdiya as Internal Auditors.
Key Highlights
- LGB recommends a dividend of ₹22 per share for FY26.
- Record date for dividend is August 19, 2026; payment by September 18, 2026.
- Sri.S.Sivakumar's directorship continuation approved, 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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