LGB Forge Ltd — Updates, 07-05-2025: Company Update

LGB Forge Limited has announced related party transactions for the half-year ended March 31, 2025. Significant dealings include purchases and sales with promoter group L G Balakrishnan & Bros Limited, amounting to Rs. 6000 lakhs each, and rent payments of Rs. 29.38 lakhs. Other transactions involve lease rent payments and capital development costs with promoter entities and remuneration payments to key managerial personnel, including directors and senior officers. These transactions were reviewed and approved by the audit committee, reflecting ongoing operational and financial interactions with promoters and executives important for company continuity.