Outcome of Board Meeting

@oLOIW L.G. BALAKRISHNAN &B ROS LIMITED 31.10.2026 LGB/SEC/STK-BM-2026 BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers, "Exchange Plaza" Dalal Street, Bandra Kurla Complex Mumbai - 400 001 Bandra (E), Mumbai- 400 051 Scrip Code: 500250 Scrip Code: LGBBROSLTD Dear Sirs, Sub: Outcome of Board Meeting held on 31.10.2026. Ref: Intimation under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (Listing Regulations) The Board of Directors of the Company, at its meeting held on Saturday, October 31, 2026, have inter-alia considered and approved the following: Financial Results 1. Pursuant to Regulation 33 of the Listing Regulations, we are enclosing herewith the Audited Standalone & Consolidated financial results for the quarter I half year ended September 30, 2026, along with the Statement of Assets and Liabilities, Statement of Cash Flows, Segment reports and Auditors Report containing unmodified audit opinion as reviewed by the Audit Committee and approved by the Board of Directors of the Company. The Statutory Auditors has expressed an unmodified audit opinion on the Audited Standalone & Consolidated financial results. Pursuant to Regulation 4 7 of the Listing Regulations, an extract of the audited standalone and consolidated financial results for the quarter I half year ended September 30, 2026 along with the Quick Response code will be published in the prescribed format in English and Tamil newspapers within the tipulated time. The full audited financial results of the Company will also be placed of the Company www.lgb.co.in Regd. Office : 6/16/13, Krishnarayapuram Road, Ganapathy, Coimbatore - 641 006, Tamil Nadu, .. . • CIN: L29191TZ1956PLC000257 Ph: (0422) 2532325 E-mail: info@lgb.co.in Website : www.lgb.co.- ·=-- @oLOMI L.G. BALAKRISHNAN &B ROS LIMITED Investment in Subsidiary Company(ies) 2. Pursuant to Regulation 30 read with Para A( 1) of Part A of Schedule III of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended ("Listing Regulations"), we hereby inform you that based on the approval and recommendation of the Audit Committee, the Board of Directors has approved to make further investments in LGB Steel Private Limited, a wholly-owned subsidiary, by way of subscription to 32,838 equity shares offered to the company on rights basis for an aggregate consideration of Rs.15,00,69,660 at an issue price of Rs. 4,5701- per share (including a premium of Rs. 4,5601- per share). In this connection, we have enclosed herewith the details required under Regulation 30 read with Para A ( 1) of Part A of Schedule III of the Listing Regulations and the SEBI Master Circular No. 14(7)2025-CFD POD2III3762I2026 dated January 30, 2026 as Annexure -A Also, further to our earlier intimation dated 31.07.2026, and pursuant to the approval of the Audit Committee and the Board of Directors dated 31.07.2026, the Board has taken note of the incorporation of SLGB Energy Solutions Private Limited, a subsidiary and subsequently made further investments in SLGB Energy Solutions Private Limited by way of subscription to 9,78,690 equity shares having face value of Rs. 1001- each offered to the company on rights basis for an aggregate consideration ofRs.9,78,69,000I- at an issue price ofRs. 1001- per share. Regd. Office: 6/16/13, Krishnarayapuram Road, Ganapathy, Coimbatore- 641 006, Tamil Nadu, India. CIN: L29191TZ1956PLC000257 Ph: (0422) 2532325 E-mail: info@lgb.co.in Website: www.lgb.co.in L.G. BALAKRISHNAN &B ROS LIMITED In this connection, we have enclosed herewith the details required under Regulation 30 read with Para A (1) of Part A of Schedule III of the Listing Regulations and the SEBI Master Circular No. H0/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026 along with the reason for delay, wherever applicable, as Annexure This is to inform you that the Board meeting commenced at 3.30 P.M (IST) and concluded at ~S::: PM (IST). Kindly take the same on record. Senior Ge eral Manager (Legal) and Company Secretary Regd. Office: 6/16/13, Krishnarayapuram Road, Ganapathy, Coimbatore-641 006, Tamil Nadu, India. CIN: L29191TZ1956PLC000257 Ph: (0422) 2532325 E-mail: info@lgb.co.in Website: www.lgb.co.in @oLo.-. L.G. BALAKRISHNAN &B ROS LIMITED Annexure A Disclosure under Para A (1) of Part A of Schedule III to the Regulation 30 read of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and the SEBI Master Circular No. H0/49/14/14(7)2025-CFD POD2/I/3762/2026 dated January 30, 2026 S.No Details of events that need LGB Steel Private Limited to be provided a) Name of the target entity, LGB Steel Private Limited, a wholly owned details in brief such as size, subsidiary of the Company. turnover etc Turnover for the financial year ended March 31 2026: Rs. 20,711.57 Lakhs. Ne tworth for the financial year ended March 31,2026: Rs. 6649.34lakhs b) Whether the acquisition Yes. LGB Steel Private Limited, being a would fall within related party wholly owned subsidiary, is a related party transaction(s) and whether of the Company. the promoterI promoter group/ group companies have The transaction falls within the ambit of any interest in the entity being related party transactions and is done at an acquired? If yes, nature of arm's length basis. interest and details thereof and whether the same is done None of the promoters or Members of the at "arm's length" Promoters Group or other Directors of the Company are interested except to the extent of their shareholding 1n the holding company. Mr. P. Prabakaran (DIN: 01709564), Managing Director is interested as Nominee Director in the wholly owned subsidiary. c) Industry to which the entity Engineering Industry being acquired belongs Regd. Office: 6/16/13, Krishnarayapuram Road, Ganapathy, Coimbatore- 641 006, Tamil Na ""-~~ CIN: L29191TZ1956PLC000257 Ph : (0422) 2532325 E-mail: info@lgb.co.in Website : ~~~ @oL.o• L.G. BALAKRISHNAN &B ROS LIMITED d) Objects and impact of The investment, by way of subscription to acquisition (including but not the equity shares of LGB Steel Private limited to, disclosure of Limited, a wholly owned subsidiary of the reasons for acquisition of Company, on rights issue basis is being target entity, if its business is made to support the expansion of its outside the main line of business. business of the listed entity) e) Brief details of any Not applicable governmental or regulatory approvals required for the acquisition f) Indicative time period for LGB Steel Private Limited is already a wholly completion of the acquisition owned subsidiary of the company and hence, the time period for completion of acquisition is not applicable. g) Consideration - whether cash Cash consideration consideration or share swap or any other form and details of the same h) Cost of acquisition and/ or the Aggregate investment of an amount of Rs. price at which the shares are 15,00,69,660/- (Rupees Fifteen Crores acquired Sixty-Nine Thousand Only), being subscription to up to 32,838 equity shares of face value of { 10 each at an issue price of { 4,570 per share (including a premium of { 4,560 per share). i) Percentage of shareholding/ The Company proposes to acquire new control acquired and/ or 32,838 equity shares ofRs. 10/- each of the number of shares acquired wholly owned subsidiary issued on rights basis. The abovesaid investment will not cause any change in the percentage of the Equity Shareholding of the Company in LGB Steel Private Limited. LGB Steel Private Limited will continue to remain a 100% wholly owned subsidiary of the Company. \ ~ Regd. Office : 6/16/13, Krishnarayapuram Road, Ganapathy, Coimbatore -641 006, Tamil Nad~ ~~;~~ \-·'7~ CIN : L29191TZ1956PLC000257 Ph : (0422) 2532325 E-mail: info@lgb.co.in Website : www.lg"- -~ ,~ L.G. BALAKRISHNAN &B ROS LIMITED j) Brief background about the LGB Steel Private Limited was incorporated entity acquired [Showing first 8,000 characters — download PDF for full document]