Shareholders meeting

L.G. BALAKRISHNAN & BRO LIMITED st, 2026 To To National Stock Exchange of India Limited BSE Limited Exchange Plaza, C-1 Block G Phiroze Jeejeebhoy Towers Bandra Kurla Complex, Bandra East Dalal Street Mumbai- 400 051 Mumbai- 400 001 Scrip Code: LGBBROSLTD Scrip Code: 500250 Dear Sir/Madam, Sub: Proceedin s of the 70th Annual General Meetin held on Wednesda 26th Au ust 2026 throu h video conferencin visual means Pursuant to Regulation 30 read with Para A of Part A of Schedule III of the SE I (Listing Obligations and Disclosure Requirements) Regulations, 2015, it is hereb informed that the 70th Annual General Meeting of the Company was duly held on W dnesday, the 26th day of August, 2026 at 10:00 AM (IST) through Video Conferenc ng (VC) I Other Audio Visual Means (OAVM) in accordance with the provisions of Secti n 96 and 108 of the Companies Act, 2013 read with Rule 20 of the Companies (Manag ment and Administration) Rules, 2014 (as amended), Regulation 44 of the SE I (Listing Obligations and Disclosure Requirements) Regulations, 2015 and th relevant circulars issued by the Ministry of Corporate Affairs ("MCA Circulars") and ecurities and Exchange Board of India ("SEBI Circulars") from time to time and the p ceedings of the said meeting is given hereunder: Directors Present: The following Directors were present at the 7Qth Annual General Meeting thro gh Video Conferencing (VC) I Other Audio-Visual Means (OAVM): Name of the Director DIN Designation Mr. B. Vijayakumar 00015583 Executive Chairman Mr. P. Prabakaran 01709564 Managing Director Regd. Office : 6/16/13, Krishnarayapuram Road, Ganapathy, Coimbatore- 641 006, Tamil Nad , lnd1 . CIN: L29191TZ1956PLC000257 Ph: (0422) 2532325 E-mail : info@lgb.co.in Website: www.l b.co.in L.G. BALAKRISHNAN &B ROS LIMITED Name of the Director DIN Designation Mr. Rajiv Parthasarathy 02495329 Executive Director Mr. Dinesh Kumar 10586227 Independent Director and Chairman of the Audit Co [nmittee Mr. G. D. Rajkumar 00197696 Independent Director and Chairman of the N omin2 tion and Remuneration Committee Dr. Vinay Balaji Naidu 09232643 Independent Director and Chairman of the Stal eholders Relationship Committee Ms. Kanchana Manavalan 07497403 Independent Director Smt. Sadhana Vidhya Shankar 10753375 Independent Director Mrs. Rajsri Vijayakumar 00018244 Non-Executive Director Mr. S. Sivakumar 00016040 Non-Executive Director In attendance: Mr. N Rengaraj, Chief Financial Officer Mr. M. Lakshmikanth Joshi, Senior General Manager (Legal) and Company Secretary Mr. G. Rengarajan, Partner of Mjs. Suri & Co., Chartered Accountants, the Statutory Auditors, Mr. M. D. Selvaraj, Managing Partner of M/s. MDS & Assoc·ates LLP, Company Secretaries, the Secretarial Auditors and Mr. M. D. Selvaraj, !Managing Partner of M/ s. MDS & Associates LLP, Company Secretaries, in the c ~pacity of Scrutinizer, were also present at the 70th Annual General Meeting through V~/OAVM. A total of 102 members representing 1,19,65,545 equity shares attended the meeting through the Video Conferencing / Other Audio-Visual Means. Mr. B. Vijayakumar, Executive Chairman, occupied the Chair and welc:::>med the Directors, Auditors, Scrutinizer and the shareholders for the 70th Annua General Meeting. Requisite quorum being present, Executive Chairman called the rf1eeting to order and mentioned that since there is no physical attendance of the mem1 ers, the Regd. Office : 6/16/13, Krishnarayapuram Road, Ganapathy, Coimbatore-641 006, Tamil NadL, CIN : L29191TZ1956PLC000257 Ph : (0422) 2532325 E-mail : info@lgb.co.in Website : www.lgb.co.in · L.G. BALAKRISHNAN & BRO LIMITED requirement of appointing proxies is not applicable. The Executive Chai an then introduced the Directors, Statutory Auditors, Secretarial Auditors, Scrutiniz rand the Key Managerial Personnel present in the meeting through Video Conferenci g / Other Audio-Visual Means ("VC/OAVM") facility. He also expressed his satisfactio with the facilities provided to the members of the Company for participating in th. meeting through video conferencing facility and that the Company has taken all effor s feasible under the circumstances to enable the members to participate and vote on al the items set out in the notice of the 70th Annual General Meeting. Thereafter, the hairman informed that the registers as required under the Companies Act, 2013 has een made available electronically for inspection by the members during the AGM. The Executive Chairman further informed that since the notice of the 70th GM along with the Annual Report comprising of the audited standalone and co solidated financial statements and the Directors report for the year ended 31st March, 2026 has already been circulated to all the members, the same was taken as read. F rther, he stated that as there are no qualifications or comments or remarks in the Statutory Auditors' Report and the Secretarial Auditors' Report for the financial year nded 31st March 2026, the same were taken as read. He further informed that there were 23 registered speaker sharehol er(s) and thereafter, he briefed the members regarding the question and answer sessio . He also stated that the management would restrict itself from commenting on any in ormation, which is confidential and proprietary in nature. The Executive Chair an then delivered his speech to the shareholders. The Executive Chairman thereafter requested Mr. M. Lakshmi Kanth Jos i, Sr. GM (Legal) & Company Secretary to continue the proceedings for conductin Annual General Meeting of the Company. Regd. Office : 6/16/13, Krishnarayapuram Road, Ganapathy, Coimbatore -641 006, Tamil Nad , lnd1a. CIN: L29191TZ1956PLC000257 Ph: (0422) 2532325 E-mail : info@lgb.co.in Website : www.l b.co.in L.G. BALAKRISHNAN & BRO LIMITED Mr. M. Lakshmikanth Joshi, Senior General Manager (Legal) and Company ecretary, briefed certain procedural and technical information regarding the participa ion by the members including the registered speaker shareholders through video cont rencing I other audio-visual means. He informed that the proceedings of the meetin recorded and the recorded video would be made available on the web Company. The Senior General Manager (Legal) and Company Secretary informed further that the Company had provided to the Shareholders, the facility to cast their vote electronically on all the resolution(s) set forth in the Notice of the Oth AGM through remote e-voting facility provided by the Central Depository Servi es (India) Limited ("CDSL"), which had commenced on Sunday, August 23, 2026 at 9:00 a.m. (IST) and ended on Tuesday, August 25, 2026 at 5:00p.m. (IST}. He furthe informed that the shareholders, who are present at the 70th AGM and had not cast their vote through remote e-voting, has been provided an opportunity to cast their vot s through e-voting at the Meeting. In this regard, the Board of Directors has ppointed Mr.M.D.Selvaraj, Managing Partner of Mls. MDS & Associates LLP, Secretaries, Coimbatore as the Scrutinizer to conduct the remote e-voting a process at the 70thAGM in a fair and transparent manner and to ascertain th requisite majority. The Senior General Manager (Legal) and Company Secretary informed the members that based on the reasons of business exigency I urgency, the Board of D rectors of the Company has decided that the 'Special Business Items' included in he notice convening the meeting are unavoidable, hence the same are being conside ed in this meeting. Thereafter, with the permission of the Chairman, the Senior General Mana and Company Secretary informed the members about the procedure(s) to through electronic means and read the summary of the resolutions set out in Item No.1 to 6 of the Notice of the 70th Annual General Meeting dated May 02, 202 below: Regd. Office : 6/16/13, Krishnarayapuram Road, Ganapathy, Coimbatore -641 006, Tamil Nad CIN: L29191TZ1956PLC000257 Ph: (0422) 2532325 E-mail: info@lgb.co.in Website: www.l L.G. BALAKRISHNAN & BRO LIMITED Ordinary Busines [Showing first 8,000 characters — download PDF for full document]