
LGB Forge Ltd Board Approves Unaudited Q2 FY27 Results
LGB Forge Limited's Board of Directors, in a meeting held on August 10, 2026, approved the standalone unaudited financial results for the quarter ended June 30, 2026. The company's statutory auditors provided an unmodified opinion on these results. The board also approved the appointment of Sri. Arjun Parthasarathy as an Additional Director (Non-Executive, Non-Independent Director), subject to shareholder approval. Furthermore, alterations to the company's Memorandum and Articles of Association were approved, pending shareholder consent. A postal ballot will be conducted to seek shareholder approval for applicable special businesses. The company reported an exceptional item of ₹1,005.52 lakhs representing a gain on the sale of land.
Key Highlights
- Unaudited financial results for Q2 FY27 approved.
- Statutory auditors issued an unmodified opinion.
- Appointment of Sri. Arjun Parthasarathy as Additional Director approved.
- Alterations to MOA and AOA approved, pending shareholder nod.
- Exceptional gain of ₹1,005.52 lakhs on sale of land reported.
Price Impact
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