Intimation under Regulation 30 of SEBI LODR Regulations, 2015 and Outcome of Board Meeting

L.G. BALAKRISHNAN &B RO LIMITED LGB/SEC/STK-BM-2026-27 BSE Limited National Stock Exchange of India Li ited 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 31.07.2026. Ref: Intimation under Regulation 30 of SEBI (Listing Obligations and Di Requirements) Regulations, 2015 (Listing Regulations) The Board of Directors of the Company at its meeting held on Friday, July had inter-alia considered and approved the following: 1. Pursuant to Regulation 33 of the SEBI (Listing Obligations and Di closure Requirements) Regulations, 2015, we are enclosing herewith the udited Standalone & Consolidated financial results for the quarter ended J ne 30, 2026, along with the Auditors Report which were reviewed by the Audit Co mittee and approved by the Board of Directors of the Company. The Statutory uditors have expressed an unmodified opinion on the said Standalone & Cons lidated audited financial results. Pursuant to Regulation 4 7 of the Listing Regulations, an extract of the financial results for the quarter ended 30th June 2026 along with th Quick Response (QR) code will be published in the prescribed format in Engl sh and Tamil newspapers within the stipulated time. The full audited financial r suits of the Company will also be placed on the website of the Company www.l b. o.in. Regd. Office : 6/16/13, Krishnarayapuram Road, Ganapathy, Coimbatore -641 006, Tamil Nad , India. CIN : L29191TZ1956PLC000257 Ph : (0422) 2532325 E-mail : info@lgb.co.in Website : www.l b.co.in L.G. BALAKRISHNAN & BRO LIMITED 2. Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations 2015 'Listing Regulations}, it is informed that based on the recommendation of t Audit Committee, the Board, at its meeting held today, has granted its approv to the Company to enter into a Joint Venture Agreement with SINGATAC EN GIN ERING PTE LTD, SINGAPORE and to make investments by incorporating a ne Private Limited Company in the name and style of SLGB ENERGY SOLUTIONS P IVATE LIMITED (as approved by the Registrar of Companies) ("Joint Venture Co pany" or "JVC") under the Companies Act, 2013, in which the Company will hoi 51% of the paid up share capital, in accordance with the Joint Venture Agree ent for undertaking business of precision manufacturing, machining, as embly, testing, and quality assurance of subsea components, modules, con ectors, tools, and related equipment for supply to global subsea OEMs a d EPC contractors and any related products as the parties may decided from time to time, subject to the receipt of requisite consents, permissions, sancti ns and approvals under the applicable laws and fulfilment of various ter s and conditions as specified in Joint Venture Agreement. The details of the Joint Venture Agreement and the proposed investmen in the Joint Venture Company as required to be disclosed under Regulation 30 r ad with Schedule III of the Listing Regulations and the SEBI Master Circ ar No. H0/49/ 14/ 14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2 26 are given in Annexure-A & Annexure-B respectively. 3. Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations 2015 'Listing Regulations}, it is informed that the Board, at its meeting held today, has ranted its approval to the Company to incorporate a Wholly Owned Subsidiary C mpany in Vietnam. The details as required to be disclosed under Regulation 0 read with Schedule III of the Listing Regulations and the SEBI Master Circ lar No. H0/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 20 6 are given in Annexure-C. Regd. Office : 6/16/13, Krishnarayapuram Road, Ganapathy, Coimbatore- 641 006, Tamil Nad , India. CIN : L29191TZ1956PLC000257 Ph : (0422) 2532325 E-mail : info@lgb.co.in Website: www.l b.co.in L.G. BALAKRISHNAN & BRO LIMITED 4. Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations 2015 'Listing Regulations}, it is informed that the Board, at its meeting held tad y, has approved the Memorandum of Agreement (MoA) entered into betw en the Company and M/s. Brigade Enterprises Limited for developing the Co pany's land property (non-substantial) situated in Mysore, Karnataka into a Res dential Apartment Project under a Joint Development arrangement on Revenue haring Model ("Joint Development}, subject to the receipt of requisite c nsents, permissions, sanctions, licenses, no objections and approvals un er the applicable laws and fulfilment of various terms and conditions as spe ified in Memorandum of Agreement (MoA). The details as required to be disclose under Regulation 30 read with Schedule III of the Listing Regulations and t e SEBI Master Circular No. H0/49/ 14/ 14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026 are given in Annexure-D. This is to inform that the Board meeting commenced at 3.15 P.M (I T) and concluded at 18.45 P.M. (IST). Kindly take the same on record lakrishnan & Bros Limited anth Joshi Senior G neral Manager (Legal) and Company Secretary Regd. Office : 6/16/13, Krishnarayapuram Road, Ganapathy, Coimbatore ~ 641 006, Tamil Nad , India. CIN : L29191TZ1956PLC000257 Ph : (0422) 2532325 E-mail: info@lgb.co.in Website: www.l b.co.in L.G. BALAKRISHNAN & BRO LIMITED Annexure A Disclosure under Para A(S) of Part A of Schedule Ill to the Regulation 0 read of SEBI (Listing Obligations and Disclosure Requirements) Regulation , 2015 and the SEBI Master Circular No. H0/49/14/14(7)20 5-CFD POD2/I/3762/2026 dated January 30, 2026 S. Details of events that need Information of such events(s) No to be provided 1 Names of the parties with Joint Venture Agreement ('Agreeme whom the agreement is proposed to be entered into by and b tween entered Mfs. L.G. Balakrishnan & Bros L mited ("the Company'' or "LGB") and M/s. Singatac Engineering Pte Ltd, Sin ("SEPL"} 2 Purpose of entering into the To form a Joint Venture Company i agreement by incorporating a new Private L mited Company in the name and style of SLGB ENERGY SOLUTIONS PRIVATE LI ITED (as approved by the Registrar of Com anies) ("Joint Venture Company" or "JVC") nder the Companies Act, 2013, in whi the Company will hold 51% of the paid up share capital, in accordance with the Joint Venture Agreement for under aking prec1s1on manufacturing, mach ning, assembly, testing, and quality ass ance of subsea components, mo ules, connectors, tools, and related equi ment for supply to global subsea OEMs an EPC contractors any related products th t the parties shall decide from time to time, subject to the receipt of requisite con ents, permissions, sanctions and app ovals under the applicable laws and fulfil ent f various terms and conditions as speci ted i Joint Venture Agreement. Regd. Office : 6/16/13, Krishnarayapuram Road, Ganapathy, Coimbatore-641 006, Tamil Nadu lndi CIN: L29191TZ1956PLC000257 Ph : (0422) 2532325 E-mail : info@lgb.co.in Website : www.l b.co.in~==~ L.G. BALAKRISHNAN &B ROS LIMITED S. Details of events that need Information of such events(s) No to be provided 3 Shareholding, if any, in the Other than the proposed share hold ng 1n entity with whom the the JVC, LGB does not have any agreement is executed shareholding in SEPL with whom the Joint Venture Agreement is proposed o be entered int o by LG B. 4 Significant terms of Brief of the significant terms of the pre posed agreement (in brief) special Joint Venture Agreement are as follm~ rights like right to appoint Right to appoint Directors: The Board of directors, first right to share the JVC shall comprise of 4 [four] Directors subscription m case of with 2 [two] Directors nominated b LGB issuance of shares, right to and 2 {2}Directors nominated by SEP . restrict any change in capital structure [Showing first 8,000 characters — download PDF for full document]