Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
L.G. Balakrishnan & Bros Ltd. ( (IN:LGBBROSLTD) ) has provided an announcement.
L.G. Balakrishnan & Bros Ltd. reported that its board has approved the audited standalone and consolidated financial results for the quarter and year ended March 31, 2026, with statutory auditors issuing an unmodified opinion. The company will publish extracts of these results in English and Tamil newspapers and make the full financials available on its website, underscoring its compliance with disclosure norms and transparency for investors.
The board has also recommended a dividend of Rs 22 per share for the financial year 2025-26, subject to shareholder approval, with a record date of August 19, 2026 and payment expected by September 18, 2026. In addition, directors backed the continuation of Sri S. Sivakumar as a non-executive, non-independent director beyond the age of 75, pending shareholder approval, signaling a desire for leadership continuity and retention of board-level experience.
More about L.G. Balakrishnan & Bros Ltd.
L.G. Balakrishnan & Bros Ltd. is an India-based manufacturer in the automotive components space, best known for its industrial and automotive chains and related products. The company is listed on both BSE and NSE and targets domestic and export markets, positioning itself as a key supplier to the automotive and industrial sectors.
Average Trading Volume: 1,949
Technical Sentiment Signal: Strong Buy
Current Market Cap: 56.3B INR
For a thorough assessment of LGBBROSLTD stock, go to TipRanks’ Stock Analysis page.