ALPHA TRIBE

LG Balakrishnan & Bros LimitedOthers, 22-08-2025: Shareholders meeting

22-08-2025 | 04:41 pm

L.G. Balakrishnan & Bros Limited successfully concluded its Annual General Meeting. Shareholders approved all six resolutions with a strong majority. Key approvals include the adoption of the company's standalone and consolidated financial statements. Investors will also receive a dividend of Rs. 20 per equity share. Additionally, shareholders re-appointed two Directors, Sri Rajiv Parthasarathy and Sri S. Sivakumar, ensuring continuity in leadership. The appointment of Secretarial Auditors and ratification of the Cost Auditor's remuneration were also passed, bolstering governance oversight. This outcome signifies broad shareholder confidence in the company's direction and financial health.

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