LG Balakrishnan 70th AGM 2026: ₹22 dividend, voting

Stock snapshot and what changed

L.G. Balakrishnan & Bros Ltd (BSE: 500250, NSE: LGBBROSLTD) remained in focus as the company confirmed key dates for its 70th Annual General Meeting (AGM) and the FY26 final dividend process. The stock was indicated at ₹1,602.2 on NSE as of 24 Aug, 4:00 PM. The day’s range cited was ₹1,586.05 to ₹1,610.05, alongside other tape prints around ₹1,608.7 and ₹1,610.05 in the same update window.

The company’s market capitalisation was shown as ₹5,109.80289152 crore, based on the latest share price. The 52-week range listed was ₹1,246.5 (low) to ₹2,048 (high), giving investors context on recent volatility. A “Holding Value” figure of 66.65152 crore was also displayed in the shared data, though the source category was not specified.

Record date set for FY26 final dividend

L.G. Balakrishnan & Bros fixed Wednesday, August 19, 2026 as the record date to identify shareholders eligible for the final dividend and voting rights at the AGM. The company intimated stock exchanges on July 30, 2026 under Regulation 42 of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015. Shareholders holding equity shares as of the close of business on the record date will be entitled to receive the dividend, subject to shareholder approval.

The Board of Directors has recommended a final dividend of ₹22 per equity share (face value ₹10 each) for the financial year ended March 31, 2026. The disclosure also states this represents 220% of face value, on 3,18,92,416 equity shares outstanding. The paid-up equity share capital is stated as ₹31,89,24,160, which equals ₹31.892416 crore.

70th AGM date, format, and deemed venue

The company scheduled its 70th AGM for Wednesday, August 26, 2026 at 10:00 a.m. IST. The meeting will be conducted via Video Conferencing (VC) or Other Audio Visual Means (OAVM), in line with applicable circulars from the Ministry of Corporate Affairs and SEBI.

Physical attendance is not permitted, and the deemed venue is the registered office. The address shared in the data is 6/16/13, Krishnarayapuram Road, Ganapathy, Coimbatore, Tamil Nadu, India (641006). The company also informed shareholders about the availability of the Annual Report for FY 2025-26.

E-voting window and book closure

Remote e-voting will be available through Central Depository Services (India) Limited (CDSL). The window opens on Sunday, August 23, 2026 at 9:00 a.m. IST and closes on Tuesday, August 25, 2026 at 5:00 p.m. IST.

Separately, the register of members and the share transfer books will remain closed from Thursday, August 20, 2026 to Wednesday, August 26, 2026 (both days inclusive) for the purpose of dividend and the AGM.

Key AGM agenda items shareholders will vote on

Along with the dividend, the agenda includes director-related resolutions and cost auditor remuneration. As provided in the agenda table, shareholders will vote on the re-appointment of directors retiring by rotation and a proposal to continue a senior leader beyond statutory age limits.

The company also placed the cost auditor fee for shareholder ratification. The stated remuneration is ₹3,00,000 plus taxes, payable to Dr. G. L. Sankaran.

Dividend payment timeline

If shareholders approve the final dividend at the AGM, the company expects to pay it on or before September 18, 2026. This timeline was reiterated across the provided disclosures.

One line in the supplied text notes “Dividend amount not specified in the disclosure,” but other portions explicitly state ₹22 per share. In the disclosures included here, ₹22 per share is the repeatedly stated final dividend recommendation for FY26, subject to approval.

Financial performance context: Q1 highlights and FY26 numbers

The provided Q1 highlights show total income of ₹798.76 crore (up 21.57%), operating profit of ₹77.41 crore (down 2.15%), and profit after tax (PAT) of ₹67.02 crore (up 0.06%). Operating margin was listed at 9.69% (down 19.51%). These figures indicate that revenue growth did not translate into proportionate margin expansion in the period referenced.

For FY26, the shared data includes multiple representations of annual performance. One statement says consolidated total income rose 19.39% to ₹3,144.0377 crore (from ₹3,14,403.77 lakhs) and PAT grew 5.51% to ₹318.7429 crore (from ₹31,874.29 lakhs). Another set of figures states FY26 consolidated revenue of ₹3,075 crore (up from ₹2,578 crore in FY25) and net profit of ₹319 crore (from ₹302 crore). A separate table (in millions of INR) maps to ₹3,075.6262 crore revenue and ₹318.7549 crore net income for FY26, which is consistent with the ₹3,075 crore and ₹319 crore rounding.

Q4FY26 update cited in the data

A Q4FY26 snapshot in the provided text states net profit fell 17% year-on-year to ₹70 crore versus ₹84 crore. Revenue rose 21.8% to ₹815 crore from ₹669.2 crore, while EBITDA increased 13.2% to ₹115.5 crore from ₹102 crore. Operating margin contracted to 14.17% from 15.25%.

The same text also notes that shares ended 4.81% lower at ₹1,675 on the day referenced, ahead of the Q4 results.

Summary table: dividend and AGM schedule

Summary table: key financial numbers cited

Market impact: what investors track from here

For investors, the immediate event risk is procedural rather than operational: the record date and e-voting timeline determine dividend eligibility and participation in AGM resolutions. The dividend recommendation of ₹22 per share and the expected payment timeline (on or before Sep 18, 2026) are key reference points for shareholders planning around cash flows.

At the same time, the cited quarterly metrics show the tension between growth and margins. Q1 figures show strong income growth with a weaker operating margin, while Q4FY26 commentary shows revenue and EBITDA growth but margin contraction. These trends can influence how shareholders evaluate management commentary during the AGM, especially around cost structure and operating leverage.

Analysis: why the AGM agenda matters

Beyond the dividend, the agenda covers governance items that can shape continuity in strategy and oversight. Re-appointments of directors and a special resolution to continue a senior leader beyond age 75 are decisions that typically draw attention from long-term investors focused on leadership stability and succession planning.

The cost auditor remuneration vote, while smaller in monetary value compared to business performance metrics, is part of routine shareholder oversight. When paired with the company’s margin commentary in the provided Q4FY26 snapshot, any cost-related disclosures tend to receive closer scrutiny.

Conclusion

L.G. Balakrishnan & Bros has laid out a clear FY26 dividend and AGM timetable, with August 19, 2026 set as the record date and the 70th AGM scheduled on August 26, 2026 via VC/OAVM. Shareholders will vote on the ₹22 per share final dividend and other governance resolutions, with payment expected on or before September 18, 2026 if approved.