LG Balakrishnan board meet May 2: FY26 results, dividend

L.G. Balakrishnan & Bros Limited has informed stock exchanges that it has rescheduled a board meeting to Saturday, May 2, 2026, from the earlier date of April 30, 2026. The board is expected to consider and approve the company’s audited financial results for the quarter and financial year ended March 31, 2026. The meeting agenda also includes considering a dividend recommendation, if any, for FY26. The company’s disclosure references “certain exigencies” as the reason for the change in schedule. For investors, the update matters because audited annual results and dividend decisions often drive near-term market attention.

What exactly has been rescheduled

The company’s communication dated March 30, 2026 states that the board meeting has been moved from April 30, 2026 to May 2, 2026. The agenda remains unchanged despite the new date. The company indicated that it will place audited financial results before the board for approval. The filing also notes that the results are to be presented for both the quarter and the full year ended March 31, 2026. The rescheduling is positioned as an administrative change rather than a change in the scope of disclosures. The document identifies the communication reference as LGB/SEC/STK-BM-2026.

Key agenda: audited results for Q4FY26 and FY26

The meeting is intended to consider and approve audited financial results for Q4FY26 and FY26. The disclosure specifies that the audited results cover both standalone and consolidated accounts. This indicates investors should expect a complete audited view of the year’s performance, along with the quarter’s numbers. As per the filing, the board will consider these results as part of its statutory obligations under exchange regulations. The company has also indicated that a dividend recommendation, if any, will be part of the board’s deliberations.

Dividend recommendation on the table

Alongside the audited results, the board will consider recommending a dividend for FY26. The article text also cites the company’s recent dividend history: ₹20 per share for FY25 and ₹18 per share for FY24. It also notes an ex-dividend date of August 14, 2025 for the FY25 dividend of ₹20 per share. While no dividend amount for FY26 has been disclosed in the rescheduling intimation, the inclusion of dividend consideration makes the board meeting a key corporate action event for shareholders.

Trading window closure until results are announced

The company stated that its trading window for designated employees and their close relatives will be closed from April 1, 2026. The window is to remain shut until 48 hours after the financial results are announced. Such trading window restrictions are standard practice around price-sensitive announcements. For market participants, this helps frame the expected timetable for the audited results release. The article also notes “Earnings: Expected on 02/05/2026,” aligning with the rescheduled meeting date.

Stock exchange filings and company identifiers

The rescheduling notification was addressed to both BSE and NSE, according to the article text. It lists the BSE scrip code as 500250 and the NSE symbol as LGBBROSLTD. The filing is digitally signed by M. Lakshmi Kanth Joshi, identified as Senior General Manager (Legal) and Company Secretary, with the digital signature date shown as March 30, 2026. The company’s registered office is stated as Krishnarayapuram Road, Ganapathy, Coimbatore, Tamil Nadu. The CIN cited in the article is L29191TZ1956PLC000257.

Stock snapshot around the update

The market data in the article shows L.G. Balakrishnan & Bros at ₹1,759.60, down ₹41.20 (2.29%). It also lists a day range of ₹1,728.20 to ₹1,845.00, and a 52-week range of ₹1,190.00 to ₹2,048.00. Reported volume for the session shown is 78,838 shares. The article also includes historical returns: 1 day -2.29%, 5 days -1.16%, 1 month +3.10%, 6 months +25.02%, 1 year +45.64%, and 5 years +483.91%.

Financial context cited in the article

The text provides two sets of FY25 performance figures. One section (in Marathi) cites FY25 turnover of ₹2,150.84 crore and profit after tax of ₹158.75 crore, along with an EBITDA margin of 14.5% and interest coverage ratio of 40.8 times. Another section states that for the fiscal year ended March 31, 2025, the company reported total income of ₹2,633.51 crore and net profit of ₹302.10 crore, compared with net profit of ₹271.34 crore in FY24. The same narrative also mentions that the company has been net debt-negative since FY2021. Separately, it notes that promoter holding stands at 34.8%, and references investor concerns citing sales growth of 10.8% over the last five years and profit growth of 6.72% over the past three years.

Recent governance update referenced alongside filings

The article also includes details of a postal ballot outcome related to board composition. It states that the company completed a postal ballot for the reappointment of Dr. Vinay Balaji Naidu as a Non-Executive Independent Director for a second term of five years, effective August 04, 2026. The voting process ran from February 19 to March 20, 2026, with results filed on March 21, 2026. It reports that 216 shareholders participated out of 38,081 eligible members, with 207 members representing 1,75,94,146 shares voting in favour and 9 members with 275 shares voting against. While separate from the earnings schedule, the update provides additional context on governance actions during the same period.

Summary table: what investors can track

What to watch next

The next formal trigger is the board meeting on May 2, 2026, when audited Q4FY26 and FY26 results are expected to be considered. Investors will also be watching whether the board recommends a dividend for FY26 and, if recommended, the payout level and timeline. The company’s management commentary that typically accompanies audited results will also be a key input for shareholders assessing FY26 performance drivers. As stated in the disclosure, trading restrictions for designated persons remain in place until after the results are announced.