
Management Change10 Aug 2026, 02:03 pm
LGB Forge Appoints Arjun Parthasarathy as Additional Director
AI Summary
LGB Forge Ltd announced the appointment of Mr. Arjun Parthasarathy (DIN: 01892022) as an Additional Director (Non-Executive, Non-Independent) effective August 11, 2026. This decision was approved by the Board of Directors on August 10, 2026, following a recommendation from the Nomination and Remuneration Committee. The appointment is subject to shareholder approval. The board also approved standalone unaudited financial results for the quarter ended June 30, 2026, with an unmodified opinion from auditors. Additionally, the company plans to alter its Memorandum and Articles of Association and will conduct a postal ballot for shareholder approval on these and other special businesses.
Key Highlights
- Arjun Parthasarathy appointed as Additional Director.
- Appointment effective August 11, 2026, subject to shareholder nod.
- Board approved Q1 FY27 unaudited financial results.
- Company to seek shareholder approval for MOA/AOA alterations.
- Postal ballot to be conducted for shareholder approvals.
Price Impact
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