
LGB Forge Board Approves Q1 FY27 Unaudited Results & Director Appointment
LGB Forge Limited's Board of Directors met on August 10, 2026, to approve the standalone unaudited financial results for the quarter ended June 30, 2026. The results received an unmodified opinion from the statutory auditors. The board also approved the appointment of Sri. Arjun Parthasarathy as an additional Non-Executive, Non-Independent Director, subject to shareholder approval. Furthermore, resolutions were passed for the alteration of the Object Clause and adoption of a new Memorandum of Association, along with the alteration and adoption of a new set of Articles of Association, both pending shareholder consent via postal ballot. The company also disclosed information regarding the resignation of its statutory auditors.
Key Highlights
- Approved unaudited financial results for Q1 FY27.
- Appointed Sri. Arjun Parthasarathy as Additional Director.
- Proposed alterations to Memorandum and Articles of Association.
- Will seek shareholder approval via postal ballot.
- Disclosed resignation of statutory auditors.
Price Impact
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