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The latest update is out from L.G. Balakrishnan & Bros Ltd. ( (IN:LGBBROSLTD) ).
L.G. Balakrishnan & Bros Ltd. has reported its audited standalone and consolidated financial results for the quarter and year ended March 31, 2026, with the statutory auditors issuing an unmodified opinion, underscoring the reliability of its reported performance. The company will publish extracts of these results in English and Tamil newspapers and host the full financials on its website, supporting transparency for investors and other stakeholders.
The board has recommended a dividend of Rs 22 per share of face value Rs 10, subject to shareholder approval at the forthcoming annual general meeting, with a record date of August 19, 2026 and payment expected on or before September 18, 2026. The board has also proposed the continuation of Sri S. Sivakumar as a non-executive, non-independent director beyond the age of 75, signalling governance continuity and board stability, pending shareholder approval via a special resolution at the AGM.
More about L.G. Balakrishnan & Bros Ltd.
L.G. Balakrishnan & Bros Ltd. is an Indian manufacturing company based in Coimbatore, Tamil Nadu, and is listed on both BSE and NSE. The company operates in the engineering and automotive components space, supplying products such as chains and transmission components to domestic and export markets, and serves 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.