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BSE Code : 500250 | NSE Symbol : LGBBROSLTD | ISIN : INE337A01034 | Industry : Auto Ancillaries |

Board Meeting

Announcement Date	Date Of Meeting	Purpose	Detail
24-Dec-2024	31-Jan-2025	Quarterly Results	L.G.BALAKRISHNAN & BROS.LTD.has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 31/01/2025 inter alia to consider and approve Audited Financial results (both Consolidated and Standalone) for the quarter and nine months ending 31.12.2024 Pursuant to Regulation 33 of the SEBI LODR Regulations, the standalone and consolidated audited financial results for the quarter and nine months ended December 31, 2024 alongwith Auditors Report as approved by the Audit Committee and Board of DIrectors at their meeting held on 31.01.2025 is attached. (As Per BSE Announcement Dated on: 31/01/2025)
26-Sep-2024	28-Oct-2024	Quarterly Results	L.G.BALAKRISHNAN & BROS.LTD.has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 28/10/2024 inter alia to consider and approve This is to inform you that a meeting of Board of Directors of the Company is scheduled on Monday 28th October 2024 to inter alia consider and approve the Audited Financial Results (both standalone and consolidated) for the quarter and half year ended 30th September 2024 for the financial year 2024-2025. Further in terms of SEBI (Prohibition of Insider Trading) Regulatio ns 2015 (as amended) and Companys Code of Conduct for Prevention of Insider Trading (Code) the TRADING WINDOW for dealing in the Companys Securities shall remain closed for all directors/officers/designated employees including their immediate relatives from Tuesday 01st October 2024 till the expiry of 48 hours after the announcement of its Audited Financial Results (Standalone & consolidated) for the Quarter and half year ended 30th September 2024. Financial Results for the quarter and half year ended 30.09.2024 (As Per BSE Announcement Dated on: 28/10/2024)
16-Sep-2024	23-Sep-2024	Conversion	L.G.BALAKRISHNAN & BROS.LTD.has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 23/09/2024 inter alia to consider and approve Pursuant to Regulation 29 of the SEBI LODR Regulations 2015 we wish to inform you that a Meeting of the Board of Directors of the Company is scheduled to be held on September 23 2024 to consider and approve the allotment of equity shares pursuant to the exercise of the rights of conversion attached to the warrants already allotted on preferential issue basis to promoter ./ promoter group Allotment of 500,000 Equity Shares fully paid up pursuant to conversion of warrants allotted on Preferential Basis Allotment of 500,000 Equity Shares fully paid up pursuant to conversion of warrants allotted on preferential basis (As Per BSE Announcement Dated on 23.09.2024)
01-Sep-2024	01-Sep-2024	Change in Directors	Board Meeting Outcome for APPOIINTMENT OF SMT.SADHANA VIDHYA SHANKAR DIN: 10753375 AS AN ADDITIONAL DIRECTOR TO HOLD OFFICE AS AN INDEPENDENT DIRECTOR FOR TERM OF 5 YEARS W.E.F SEPTEMBER 01.2024
05-Aug-2024	05-Aug-2024	Investments	The Board has approved to make a strategic investment in Greenerg Mobility Solutions Private Limited by subscribing to equity shares having a face value of Rs.10/- each equivalent to 14.92% of the post-investment paid-up share capital for the aggregate consideration not exceeding Rs.6.00 Crores and subscribing to Secured Optionally Convertible Debentures for an aggregate nominal value not exceeding Rs.6.00 Crores in one or more tranches. Further, the Board has approved for entering into the Share Subscription and Shareholders Agreement and the Debenture Subscription Agreement to regulate the rights and obligations and management of the Investee Company.
25-Jun-2024	31-Jul-2024	Quarterly Results	L.G.BALAKRISHNAN & BROS.LTD.has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 31/07/2024 inter alia to consider and approve Audited Financial Results for the Quarter ended 30th June 2024 and Closure of Trading Window Outcome of Board Meeting dated 31.07.2024 (As Per BSE Announcement Dated on: 31/07/2024)
26-Mar-2024	29-Apr-2024	Dividend	L.G.BALAKRISHNAN & BROS.LTD.has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 29/04/2024 inter alia to consider and approve This is to inform you that a meeting of Board of Directors of the Company is scheduled on Monday 29th April 2024 to inter alia consider and approve the Audited Financial Results (both standalone and consolidated) for the quarter and Financial year ended 31st March 2024 and to recommend the dividend if any for the financial year 2023-2024. Further in terms of SEBI (Prohibition of Insider Trading) Regulations 2015 (as amended) and Companys Code of Conduct for Prevention of Insider Trading (Code) the TRADING WINDOW for dealing in the Companys Securities shall remain closed for all directors/officers/designated employees including their immediate relatives from Monday April 01 2024 till the expiry of 48 hours after the announcement of its Audited Financial Results (Standalone & consolidated) for the Quarter and year ended 31st March 2024. Outcome Of Board Meeting. 1.Audited Standalone & Consolidated financial results for the quarter and year ended March 31, 2024 along with Auditors Report 2. Board of directors have recommended a dividend of Rs.18/- per Share of Rs.10/- each ( 180% on the face value of Rs.10/- each) for the financial year ended March 31, 2024, subject to the approval of shareholders in the upcoming Annual General Meeting. 3. Re-appointment of Sri.B.Vijayakumar (DIN:00015583) as Executive Chairman for a further period of 5 years effective from January 01, 2025, 4.Sri.Dinesh Kumar J Din: (10586227) as an Additional and Independent Director with effect from September 01, 2024 for a tenure of 5 years. 1. Audited Financial Results for 31.03.2024 2.Declaration of Dividend 3.Re-appointment of Sri.B.Vijayakumar as Executive Chairman w.e.f 01.01.2025 3.Appointment of Sri.Dinesh Kumar J as nonexecutive Independent director w.e.f. 01.09.2024 (As Per BSE Announcement Dated on 29.04.2024)
06-Mar-2024	13-Mar-2024	Preferential Issue	L.G.BALAKRISHNAN & BROS.LTD.has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 13/03/2024 inter alia to consider and approve To inter alia consider and approve the allotment of 500000 (five lakhs) Warrants fully convertible into or exchangeable for 1 (one) fully paid-up Equity Share of the Company having face value of Rs. 10/- each (Rupees Ten only) (Warrants) to Sri.B.Vijayakumar (Promoter) Smt. Rajsri Vijayakumar (Promoter Group) M/s.L.G.B.Auto Products Private Limited (Promoter Group) and M/s.L.G.Sports Private Limited (Promoter Group) on a preferential basis as approved by members at their Serial No.01/2023-24 Extra Ordinary General Meeting held on 2nd March 2024 for a consideration of Rs.1292/- per Warrant in compliance with the provisions of Chapter V of SEBI (Issue of Capital and Disclosure Requirements) Regulations 2018 the provisions of Section(s) 23(1)(b) 42 and 62(1)(c) of the Companies Act 2013 subject to such requisite approvals as may be necessary in this regard. 1. Pursuant to the special resolution passed by the members at their Serial No.01/2023-24 Extra-Ordinary General Meeting held on 2nd March, 2024 and in pursuance of the In-Principle Approval Letter(s) dated 4th March, 2024 received from BSE Limited and The National Stock Exchange of India Ltd, the Stock Exchange(s), the Board of Directors has approved the allotment of 5,00,000 (Five Lakhs Only) Warrants, each fully convertible into, or exchangeable for, 1 (one) fully paid-up Equity Share of the Company having face value of Rs. 10/- each (Rupees Ten only) ('Warrants') for cash at a price of Rs.1,292/- (Rupees One Thousand Two Hundred and Ninety Two only) per Warrant (including a premium of Rs.1,282/- per Warrant) ('Warrants Issue Price'), to Sri. B. Vijayakumar (Promoter), Smt. Rajsri Vijayakumar (Promoter Group), M/s. L.G.B. Auto Products Private Limited (Promoter Group) and M/s. L.G. Sports Private Limited (Promoter Group) (As Per BSE Announcement Dated on 13.03.2024)
27-Dec-2023	29-Jan-2024	Quarterly Results	L.G.BALAKRISHNAN & BROS.LTD.has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 29/01/2024 inter alia to consider and approve This is to inform you that a meeting of Board of Directors of the Company is scheduled on Monday 29th January 2024 to inter alia consider and approve the Audited Financial Results (both standalone and consolidated) for the quarter and nine months ending 31st December 2023 L.G.BALAKRISHNAN & BROS.LTD.has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 29/01/2024 ,inter alia, to consider and approve Further to our earlier letter dated December 27, 2023, with respect to intimation of the date of the Board Meeting scheduled to be held on Monday, January 29, 2024 for considering the Audited Financial Results (Standalone & Consolidated) for the quarter and nine months ended 31st December, 2023, pursuant to Regulation 29(1)(d) we wish to inform you that the Board of Directors, at the said meeting scheduled to be held on January 29, 2024, inter-alia, shall consider the proposal for raising of funds by way of issue of warrants convertible into equity shares through preferential issue basis to person(s) belonging to Promoter / Promoter Group, subject to the provisions of Chapter V of SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018 and subject to such approvals as may be required in this regard. (As Per BSE Announcement dated on 23.01.2024) Intimation under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (Listing Regulations) Intimation under Regulation 30 of SEBI (LODR) 2015 (As per BSE Announcement Dated on 29/01/2024)
02-Dec-2023	02-Dec-2023	Others	In compliance with Regulation 30 (6) of SEBI LODR Regulations, 2015, we wish to inform you that after considering the recommendation of the Audit Committee, the Board of Directors at its meeting held today, December 2, 2023 approved to enter into a Business Transfer Agreement (BTA) with LGB Forge Limited (LGBFL) to purchase its Pondicherry Plant, as a going concern, on the terms and conditions more specifically defined in the said agreement. The intimation is attached for your reference and records. Kindly take note of the same. In compliance with Regulation 30 (6) of SEBI LODR Regulations, we wish to inform you that after considering the Audit Committee recommendation, The board of directors of the Company at their meeting held today 02.12.2023 approved to enter into a Business Transfer Agreement with LGB Forge Limited. The details are attached for your reference. Kindly take note of the same. Inter alia, approved to enter into a Business Transfer Agreement (BTA) with LGB Forge Limited (LGBFL) to purchase its Pondicherry Plant, as a going concern, on slump sale basis, for a lump sum consideration of Rs. 15 Crores, without values being assigned to individual assets and liabilities, on the terms and conditions more specifically defined in the said agreement. The aforesaid slump sale transaction is subject to necessary approvals and would be conditional upon satisfactory fulfilment of respective conditions precedent by LGB and LGBFL. (As Per BSE Bulletin Dated on 04.12.2023)
27-Sep-2023	30-Oct-2023	Accounts	L.G.BALAKRISHNAN & BROS.LTD.has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 30/10/2023 inter alia to consider and approve This is to inform you that a meeting of Board of Directors of the Company is scheduled on Monday 30th October 2023 to inter alia consider and approve the Audited Financial Results (both standalone and consolidated) for the quarter and half year ended 30th September 2023 for the financial year 2023-2024. Further in terms of SEBI (Prohibition of Insider Trading) Regulations 2015 (as amended) and Companys Code of Conduct for Prevention of Insider Trading (Code) the TRADING WINDOW for dealing in the Companys Securities shall remain closed for all directors/officers/designated employees including their immediate relatives from Sunday 01st October 2023 till the expiry of 48 hours after the announcement of its Audited Financial Results (Standalone & consolidated) for the Quarter and half year ended 30th September 2023. Pursuant to Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we are forwarding herewith the Standalone & Consolidated audited financial results for the quarter / six months ended September 30, 2023 along with Auditors Report which were reviewed by the Audit Committee and approved by the Board of Directors of the Company at its meeting held on today i.e. the October 30, 2023. We are forwarding herewith Audited Financials Results for the quarter and half year ended 30.09.2023 along with Auditors Report (As Per BSE Announcement Dated on 30/10/2023)
29-Jun-2023	27-Jul-2023	Accounts	L.G.BALAKRISHNAN & BROS.LTD.has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 27/07/2023 inter alia to consider and approve This is to inform you that a meeting of Board of Directors of the Company is scheduled on Thursday 27th July 2023 to inter alia consider and approve the Audited Financial Results (both standalone and consolidated) for the quarter ended 30th June 2023 for the financial year 2023-2024. Further in terms of SEBI (Prohibition of Insider Trading) Regulations 2015 (as amended) and Companys Code of Conduct for Prevention of Insider Trading (Code) the TRADING WINDOW for dealing in the Companys Securities shall remain closed for all directors/officers/designated employees including their immediate relatives from Saturday 01st July 2023 till the expiry of 48 hours after the announcement of its Audited Financial Results (Standalone & consolidated) for the Quarter ended 30th June 2023. LG BALAKRISHNAN & BROS LIMITED has informed BSE about Board Meeting to be held on 27 Jul 2023 to consider financial statements for the period ended June 2023. Financial results. Pursuant to Regulation 33 of SEBI LODR Regulations, the Standalone and Consolidated Financial Results for the quarter ended June 30, 2023 is attached Pursuant to Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we are forwarding herewith the Standalone & Consolidated audited financial results for the quarter ended 30th June, 2023 along with Auditors Report which was reviewed by the Audit Committee and approved by the Board of Directors of the Company at its meeting held on today i.e. the 27th July, 2023. Further the Board noted that the Committee of Creditors of RSAL Steel Private Limited (RSAL), through a Letter of Intent (LOI) have declared L.G.Balakrishnan & Bros Limited as the successful bidder for RSAL, under the Insolvency & Bankruptcy Code 2016. The implementation of the resolution is subject to the terms of LOI and requisite approval from regulatory authorities. The NCLT has heard the case and has reserved its order on this matter. (As Per BSE Announcement dated on 27.07.2023)
29-Mar-2023	29-Apr-2023	Accounts	L.G.BALAKRISHNAN & BROS.LTD.has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 29/04/2023 inter alia to consider and approve This is to inform you that a meeting of Board of Directors of the Company is scheduled on Saturday 29th April 2023 to inter alia consider and approve the Audited Financial Results (both standalone and consolidated) for the quarter and Financial year ended 31st March 2023 and to recommend the dividend if any for the financial year 2022-2023. Further in terms of SEBI (Prohibition of Insider Trading) Regulations 2015 (as amended) and Companys Code of Conduct for Prevention of Insider Trading (Code) the TRADING WINDOW for dealing in the Companys Securities shall remain closed for all directors/officers/designated employees including their immediate relatives from Saturday April 01 2023 till the expiry of 48 hours after the announcement of its Audited Financial Results (Standalone & consolidated) for the Quarter and year ended 31st March 2023. The Board of Directors of the Company at its meeting held on Saturday, April, 29, 2023 had inter-alia considered and approved the following: 1. Pursuant to Regulation 33 of the Listing Regulations we are enclosing herewith the Audited Standalone & Consolidated financial results for the quarter and year ended March 31, 2023 along with Auditors Report and a declaration under Regulation 33(3)(d) of SEBI Listing Regulations are enclosed herewith. Further note that the statutory auditors of the Company have expressed an unqualified audit opinion in this regard. 2. Pursuant to Regulation 30 of the Listing Regulations, the board of directors have recommended a dividend of Rs.16/- per Share of Rs.10/- each (160% on the face value of Rs.10/- each) for the financial year ended March 31, 2023, subject to the approval of shareholders in the upcoming Annual General Meeting. This is to inform that the Board meeting commenced at 3.00 P.M and concluded at 6.00 P.M. (As Per BSE Announcement dated on 29.04.2023)
29-Dec-2022	28-Jan-2023	Accounts	L.G.BALAKRISHNAN & BROS.LTD.has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 28/01/2023 inter alia to consider and approve This is to inform you that a meeting of Board of Directors of the Company is scheduled to be held on Saturday January 28 2023 to inter alia consider and approve the Audited Financial Results (both standalone and consolidated) for the quarter and nine months ended 31st December 2022. Further in terms of SEBI (Prohibition of Insider Trading) Regulations 2015 (as amended) and Companys Code of Conduct for Prevention of Insider Trading (Code) the TRADING WINDOW for dealing in the Companys Securities shall remain closed for all directors/officers/designated employees including their immediate relatives from Sunday January 1 2023 till the expiry of 48 hours after the announcement of its Audited Financial Results (Standalone & consolidated) for the quarter and nine months ended 31st December 2022. Pursuant to Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we are forwarding herewith the Standalone & Consolidated audited financial results for the quarter / nine months ended 31st December, 2022 along with Auditors Report which were reviewed by the Audit Committee and approved by the Board of Directors of the Company at its meeting held on today i.e. the 28th January, 2023. This is to inform that the Board meeting commenced at 3.15 P.M and concluded at 5.20 P.M. (As Per BSE Announcement dated on 28.01.2023)
30-Sep-2022	31-Oct-2022	Accounts	L.G.BALAKRISHNAN & BROS.LTD.has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 31/10/2022 inter alia to consider and approve This is to inform you that a meeting of Board of Directors of the Company is scheduled to be held on Monday 31st October 2022 to inter alia consider and approve the Audited Financial Results (both standalone and consolidated) for the quarter and half year ended 30th September 2022. Further in terms of SEBI (Prohibition of Insider Trading) Regulations 2015 (as amended) and Companys Code of Conduct for Prevention of Insider Trading (Code) the TRADING WINDOW for dealing in the Companys Securities shall remain closed for all directors/officers/designated employees including their immediate relatives from Saturday October 1 2022 till the expiry of 48 hours after the announcement of its Audited Financial Results (Standalone & consolidated) for the quarter and half year ended 30th September 2022. The Board of Directors of the Company at its meeting held on Monday, October 31, 2022, had inter-alia considered and approved the Audited Financial Results for the half year ended September 30, 2022 alongwith other subjects. The Board of Directors of the Company at its meeting held on Monday, October 31, 2022, had inter-alia considered and approved the Audited Financial Results for the Half-year ended September 30, 2022 The Board of Directors of the Company has approved the following among other subjects at their meeting held on October 31, 2022: 1. B.Vijayakumar (DIN: 00015583), Chairman and Managing Director (Promoter) of the Company, had expressed his desire to step-down as Managing Director and to continue as ' Executive Chairman ' for the remaining period of his current tenure, effective from January 01, 2023. 2. Pursuant to Regulation 30 of the SEBI (LODR) 2015, the Board of Directors on the recommendation of the nomination and remuneration committee and by the Audit Committee. Approved for variation in the terms of payment of Remuneration to Sri Rajiv Parthasarathy (DIN: 02495329), Whole-time Director, (Senior Vice President - Operations) and re-designated as 'Executive Director' of the Company for the remaining period of his tenure, effective from January 01, 2023. The Board of Directors of the Company had approved the following among other subjects at their meeting held on October 31, 2022 1. Sri B Vijayakumar (DIN: 00015583), Chairman and Managing Director (Promoter) of the Company, had expressed his desire to step-down as Managing Director and to continue as ' Executive Chairman ' for the remaining period of his current tenure, effective from January 01, 2023. 2. Pursuant to Regulation 30 of the SEBI (LODR) 2015, the Board of Directors on recommendation of nomination and remuneration committee and by the Audit Committee Approved for variation in the terms of payment of Remuneration to Sri Rajiv Parthasarathy (DIN: 02495329), Whole-time Director, (Senior Vice President - Operations) and re-designated as 'Executive Director' of the Company for the remaining period of his tenure, effective from January 01, 2023. (As Per BSE Announcement Dated on 31.10.2022)

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L G Balakrishnan & Bros Ltd

Board Meeting