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L.G. Balakrishnan & Bros Ltd. ( (IN:LGBBROSLTD) ) has shared an announcement.
L.G. Balakrishnan & Bros Ltd. said its board has approved the audited standalone and consolidated financial results for the quarter and year ended 31 March 2026, with the statutory auditors issuing an unmodified opinion. The company will publish extracts of these results in English and Tamil newspapers and host the full financial statements on its website in line with listing regulations.
The board has recommended a final dividend of Rs. 22 per equity share of Rs. 10 each for FY 2025-26, subject to shareholder approval, implying a 220% payout on face value and signaling confidence in the firm’s financial performance. Directors also backed the continuation of Sri S. Sivakumar as a non-executive, non-independent director beyond the age of 75, pending a special resolution at the next AGM, underscoring a preference for leadership continuity and board stability.
More about L.G. Balakrishnan & Bros Ltd.
L.G. Balakrishnan & Bros Ltd. operates in the Indian manufacturing sector and is known for its automotive components business, with a presence in products such as chains and transmission parts. Listed on both BSE and NSE, the Coimbatore-headquartered company serves OEMs and the replacement market, giving it exposure to domestic and export demand in the auto and industrial segments.
Average Trading Volume: 1,949
Technical Sentiment Signal: Strong Buy
Current Market Cap: 56.3B INR
For an in-depth examination of LGBBROSLTD stock, go to TipRanks’ Overview page.