LGB Forge logo

LGB Forge MD, chairman, board of directors and AGM

BSE: 533007Auto ComponentsSmall Cap

Last close ₹4.73down ₹0.15 (3.07%)

Share price at the BSE close on 23 Oct 2026. Previous close ₹4.88.

52-week range of traded prices to 23 Oct 2026
₹4.62Low, 5 Oct 2026₹11.79High, 27 Oct 2025
Market cap
₹113 Cr2,559th largest listed
P/E
15.6
P/E without one-offs
Lossover the last 12 months
P/B
6.9
Dividend yield
Nonein the last 12 months
ROE
41.7%
ROE without one-offs
−12.5%
ROCE
−1.7%
Debt to equity
1.32
Volume, BSE
1,02,194

LGB Forge board of directors

At the end of the quarter to Sep 2026, as the company filed it; changes since are in its announcements.Their trades in its shares

  • ChairpersonBALAKRISHNAN VIJAYAKUMAR
  • Managing directorRAJSRI VIJAYAKUMAR
  • Managing directorSAMPATH KUMAR AMBAYAIRAM
  • Company Secretary and Compliance OfficerNarmatha G K

9 directors5 independent2 executive2 non-executive

  • BALAKRISHNAN VIJAYAKUMAR · ChairpersonNon-executive · joined Jun 2006 · reappointed May 2022 · 2 listed boards · 1 committee seat
  • RAJSRI VIJAYAKUMAR · Managing directorExecutive · joined Jun 2006 · reappointed Feb 2023 · 2 listed boards · 2 committee seats
  • SAMPATH KUMAR AMBAYAIRAM · Managing directorExecutive · joined Oct 2021 · reappointed Feb 2023 · 1 listed board · 1 committee seat
  • PREM KUMAR PARTHASARATHYIndependent · joined May 2022 · reappointed May 2022 · 52 months as independent · 1 listed board · 1 as independent · 1 committee seat, 1 as chair
  • SAJEEV MATHEW RAJANIndependent · joined May 2022 · reappointed May 2022 · 52 months as independent · 1 listed board · 1 as independent
  • MURUGESA SARAVANA MARTHANDAMIndependent · joined May 2022 · reappointed May 2022 · 52 months as independent · 1 listed board · 1 as independent · 1 committee seat
  • GANESH SRINIVASANIndependent · joined May 2024 · reappointed May 2024 · 28 months as independent · 1 listed board · 1 as independent · 1 committee seat, 1 as chair
  • CHANDRASEKARAN RAJARAMIndependent · joined May 2024 · reappointed May 2024 · 28 months as independent · 1 listed board · 1 as independent · 1 committee seat
  • ARJUN PARTHASARATHYNon-executive · joined Aug 2026 · reappointed Aug 2026 · 1 month as independent · 1 listed board

An independent director has no business or family tie to the company, its promoters or its managers beyond the seat. Listed boards counts the boards of listed companies the director sits on, this one included, and "as independent" how many of those seats are independent ones. Committee seats are audit and stakeholder committee seats across those companies. Months as independent is filed for independent directors only, whose terms the rules cap. Disqualified is the company's own mark that a director may not serve under company law.

1 director who left
  • VENKATASWAMY RAGUPATHI, left 27 Oct 2025: Tenure Completion

Committees and meetings

Who sits on each, and how often they met.Board meeting notices and outcomes

  • Board

    • 10 Aug 20268 of 8 present5 independent · 86 days in between
    • 15 May 20266 of 8 present3 independent

  • Audit Committee

    Chair GANESH SRINIVASAN

    MURUGESA SARAVANA MARTHANDAM, CHANDRASEKARAN RAJARAM, RAJSRI VIJAYAKUMAR

    • 10 Aug 20264 of 4 present3 independent · 86 days in between
    • 15 May 20264 of 4 present2 independent

  • Nomination and remuneration committee

    Chair CHANDRASEKARAN RAJARAM

    PREM KUMAR PARTHASARATHY, MURUGESA SARAVANA MARTHANDAM, BALAKRISHNAN VIJAYAKUMAR

    • 7 Aug 20264 of 4 present3 independent

  • Stakeholders Relationship Committee

    Chair PREM KUMAR PARTHASARATHY

    RAJSRI VIJAYAKUMAR, SAMPATH KUMAR AMBAYAIRAM

    • 30 Sep 20263 of 3 present1 independent · 81 days in between
    • 10 Jul 20263 of 3 present1 independent · 37 days in between
    • 2 Jun 20263 of 3 present1 independent · 18 days in between
    • 14 May 20263 of 3 present1 independent

Meetings in the quarter filed and the one before it. The days in between are as the company files them, neither meeting's day counted; the rules allow at most 120. A quorum is the least number of members who must attend for the meeting to decide anything.

Statutory auditor

Named in the results for the quarter to Mar 2026.

  • N.E.DORAISWAMI & COPeer-review certificate valid to Sep 2028
2 earlier auditors
  • N R DORAISWAMI & CONamed in the filing for the quarter to Sep 2025
  • N.R.DORAISWAMI&CONamed in the filing for the quarter to Mar 2025

A statutory auditor checks the company's accounts and signs its results. Peer review is the accountants' institute's check of an audit firm's own work, which a listed company's auditor must hold a valid certificate of.

LGB Forge AGM and shareholder votes

Each resolution, how the votes went, and how institutions voted apart from the promoters. A postal ballot is a vote by post or online, held without a meeting.LGB Forge share news and announcements

Postal ballot, 18 Sep 2026

38,084 shareholders on the register on 14 Aug 2026; votes counted by P. ESWARAMOORTHY / P. ESWARAMOORTHY AND COMPANY.The company's voting result (opens in a new tab)

  1. Appointment of Sri. Arjun Parthasarathy (DIN: 01892022), as Non-Executive Non-Independent Director of the Company.
    Ordinary
    99.94% for0.06% against

    Against: promoters 0.00% · institutions 0.00% · other public 5.61%

    Turnout: all 33.20% · promoters 46.39% · institutions 0.00% · other public 1.23%

  2. Alteration of the Objects Clause and Adoption of new set of the Memorandum of Association of the Company
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 33.21% · promoters 46.39% · institutions 0.00% · other public 1.24%

  3. Alteration of the Articles of Association of the Company
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 33.21% · promoters 46.39% · institutions 0.00% · other public 1.24%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Annual general meeting, 14 Aug 2026, 3 resolutions

38,055 shareholders on the register on 7 Aug 2026; present: 8 promoters and 41 others; votes counted by P. ESWARAMOORTHY / P. ESWARAMOORTHY AND COMPANY.The company's voting result (opens in a new tab)

  1. To receive, consider and adopt the Audited Financial Statements of the Company for the financial year ended March 31, 2026 with the reports of the Board of Directors' and Auditor's thereon.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 33.05% · promoters 46.39% · institutions 0.00% · other public 0.71%

  2. To appoint a Director in place of Smt. Rajsri Vijayakumar (DIN: 00018244), who retires by rotation in terms of Section 152(6) of the Companies Act, 2013 at this Annual General Meeting and being eligible offers herself for re-appointmentMoreLess
    Ordinary
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 1.61%

    Turnout: all 33.05% · promoters 46.39% · institutions 0.00% · other public 0.71%

  3. Approval of Material Related Party Transactions between the Company and M/s. L.G. Balakrishnan & Bros Limited.
    OrdinaryPromoters have an interest in it
    99.39% for0.61% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.61%

    Turnout: all 0.21% · promoters 0.00% · institutions 0.00% · other public 0.71%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Postal ballot, 28 Dec 2023, 2 resolutions

The company's voting result (opens in a new tab)

  1. Approval of Material Related Party Transactions between the Company and M/s. L.G. Balakrishnan & Bros Limited
    OrdinaryPromoters have an interest in it
    99.83% for0.17% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.17%

    Turnout: all 0.70% · promoters 0.00% · institutions 0.00% · other public 2.69%

  2. Approval of Material Related Party Transaction in connection with sale of Pondicherry Plant to M/s. L. G. Balakrishnan & Bros Limited as a going concern on a slump sale basis and other incidental transactions / matters.MoreLess
    SpecialPromoters have an interest in it
    99.83% for0.17% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.17%

    Turnout: all 0.70% · promoters 0.00% · institutions 0.00% · other public 2.69%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Annual general meeting, 25 Sep 2023, 4 resolutions

Present: 9 promoters and 28 others.The company's voting result (opens in a new tab)

  1. To receive, consider and adopt the Audited Financial Statements of the Company for the Financial Year ended 31st March, 2023 and the Report of the Board of Directors of the Company and the Statutory Auditors thereon, including Annexures theretoMoreLess
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.08%

    Turnout: all 36.10% · promoters 48.55% · institutions 0.00% · other public 1.02%

  2. To appoint a Director in the place of Smt. Rajsri Vijayakumar (DIN: 00018244), who retires by rotation and being eligible, seeks re-appointment.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 36.10% · promoters 48.55% · institutions 0.00% · other public 1.02%

  3. To re-appoint Statutory Auditors of the Company
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.08%

    Turnout: all 36.10% · promoters 48.55% · institutions 0.00% · other public 1.02%

  4. Approval of material related party transactions between the Company and M/s. L.G. Balakrishnan & Bros Limited.
    OrdinaryPromoters have an interest in it
    99.48% for0.52% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.52%

    Turnout: all 0.27% · promoters 0.00% · institutions 0.00% · other public 1.02%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Postal ballot, 19 Mar 2023, 2 resolutions

The company's voting result (opens in a new tab)

  1. Approval to appoint Smt. Rajsri Vijayakumar (DIN:00018244) as Managing Director of the Company for a period of 3 (three) years.
    SpecialPromoters have an interest in it
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.30%

    Turnout: all 36.02% · promoters 48.53% · institutions 0.00% · other public 0.73%

  2. Approval to appoint Sri. A. Sampath Kumar (DIN: 00015978) as Whole Time Director of the Company for a period of 3 (three) years.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.30%

    Turnout: all 36.02% · promoters 48.53% · institutions 0.00% · other public 0.73%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Postal ballot, 8 Jan 2023, 1 resolution

The company's voting result (opens in a new tab)

  1. Approval of Material Related Party Transaction between the Company and M/s. L.G. Balakrishnan & Bros Limited.
    OrdinaryPromoters have an interest in it
    99.17% for0.83% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.83%

    Turnout: all 0.72% · promoters 0.00% · institutions 0.00% · other public 2.77%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Annual general meeting, 28 Sep 2022, 2 resolutions

Present: 11 promoters and 33 others.The company's voting result (opens in a new tab)

  1. To receive, consider and adopt the Audited Financial Statements of the Company for the financial year ended 31st March, 2022 and report of the Board of Directors of the Company and Statutory Auditors thereon, including annexure thereto.MoreLess
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.06%

    Turnout: all 36.10% · promoters 48.57% · institutions 0.00% · other public 0.96%

  2. To appoint a director in the place of Sri. V. Rajvirdhan (DIN: 00156767), who retires by rotation and eligible, seeks reappointment.
    OrdinaryPromoters have an interest in it
    1.91% for98.09% against

    Against: promoters 100.00% · institutions 0.00% · other public 8.19%

    Turnout: all 12.43% · promoters 16.49% · institutions 0.00% · other public 0.99%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Postal ballot, 3 Aug 2022, 4 resolutions

The company's voting result (opens in a new tab)

  1. Appointment of Sri. B. Vijayakumar (DIN:00015583) as Non-Executive Director of the Company.
    OrdinaryPromoters have an interest in it
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.17%

    Turnout: all 36.83% · promoters 48.57% · institutions 0.00% · other public 3.71%

  2. Appointment of Sri. Prem Kumar Parthasarathy (DIN:07126673) as an Independent Director of the Company.
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.04%

    Turnout: all 36.83% · promoters 48.57% · institutions 0.00% · other public 3.71%

  3. Appointment of Sri. Sajeev Mathew Rajan (DIN:01252269) as an Independent Director of the Company.
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.02%

    Turnout: all 36.83% · promoters 48.57% · institutions 0.00% · other public 3.71%

  4. Appointment of Sri. Murugesa Saravana Marthandam (DIN:09623736) as an Independent Director of the Company.
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.04%

    Turnout: all 36.83% · promoters 48.57% · institutions 0.00% · other public 3.71%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Investor complaints and compliance

Quarter by quarter.

Investor complaints received and resolved, the company's own count

  • Received
  • Resolved

Open at the quarter's end

None open at any quarter's end.
The board is made up as the listing rules require
Yes
The board has a regular chairperson
Yes
The company has a risk management committee
No
The chair is related to the managing director
Yes
The filing has a part on fines and penalties
No
The filing has a part on tax disputes
No
There was a cyber security incident in the quarter
No

The company's own answers in its filing.