Board Meeting10 Aug 2026, 02:08 pm
LGB Forge Ltd: Board Approves MOA/AOA Alteration, Financials
AI Summary
LGB Forge Limited's Board of Directors, in a meeting on August 10, 2026, approved the alteration of its Object Clause and adoption of new Memorandum and Articles of Association to comply with the Companies Act, 2013. The board also approved the standalone unaudited financial results for the quarter ended June 30, 2026, with an unmodified opinion from statutory auditors. Additionally, Sri. Arjun Parthasarathy was approved as an Additional Director, subject to shareholder approval. The company will seek shareholder approval for these changes via a postal ballot.
Key Highlights
- Board approved changes to MOA and AOA to align with Companies Act, 2013.
- Unaudited financial results for Q1 FY27 approved with unmodified auditor opinion.
- Appointment of Sri. Arjun Parthasarathy as Additional Director approved.
- Shareholder approval to be sought via postal ballot for key corporate changes.
Price Impact
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