LG Balakrishnan & Bros shifts board meet to May 2, 2026

What the company has announced

L.G. Balakrishnan & Bros Limited has rescheduled its board meeting that was earlier set for April 30, 2026. The meeting will now be held on Saturday, May 2, 2026. The company disclosed the change to both BSE and NSE.

The core agenda remains the same. The board will consider and approve audited financial results for the quarter and the financial year ended March 31, 2026. The company also indicated that the board will consider a dividend recommendation for the concluded financial year.

Revised board meeting date and agenda

The rescheduling moves the results-related board meeting by two days, from April 30 to May 2. The company’s communication to stock exchanges indicates that both standalone and consolidated audited accounts will be taken up.

For investors, the practical impact is a slightly longer wait for the audited numbers and any decision on dividend for FY26. The rescheduled meeting is still within the same reporting cycle, but it shifts the expected flow of audited disclosures.

Trading window closure remains in place

Alongside the meeting update, the company reiterated trading window restrictions for designated employees. The trading window has been closed from April 1, 2026.

The closure will continue until 48 hours after the results announcement. This is consistent with standard compliance practices around unpublished price-sensitive information, and it is specifically tied to the FY26 audited results process.

Key facts at a glance

Postal ballot: independent director reappointment approved

Separately, the company has completed a postal ballot process to reappoint Dr. Vinay Balaji Naidu as a Non-Executive Independent Director. The second term is for five years, starting August 04, 2026.

The remote e-voting window ran from February 19 to March 20, 2026. Out of 38,081 eligible members, 216 shareholders participated in the process. The resolution received strong support based on the disclosed voting counts and shares.

Postal ballot voting summary

Director profile details disclosed

The company has provided specific details for Dr. Vinay Balaji Naidu as part of its disclosures. His DIN is 09232643 and his age is stated as 48 years. His profession is described as a practicing doctor.

The term is described as a second consecutive term of five years commencing August 04, 2026. The company’s broader board composition details were also shared in the material, listing executive and non-executive directors, including independent directors.

Earlier board meeting reference: February 07, 2026

The disclosures also reference a board meeting held on February 07, 2026, conducted under Regulation 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The financial results were reviewed by the Audit Committee and approved by the Board of Directors at that meeting.

The statutory auditors expressed an unmodified opinion on both standalone and consolidated audited financial results, as stated in the company material. The meeting commenced at 2:30 PM (IST) and concluded at 5:35 PM (IST).

In the same set of details, consolidated net profit attributable to owners was reported at ₹8,843.35 lakhs versus ₹7,529.89 lakhs in the previous year quarter.

Dividend context from past years

While the FY26 dividend decision will be considered at the May 2, 2026 meeting, the company’s historical dividend recommendations are also referenced in the provided material. For the financial year ended March 31, 2025, the board recommended a dividend of Rs.20 per share of face value Rs.10 (200%), subject to shareholder approval at the AGM.

For the financial year ended March 31, 2024, the board recommended Rs.18 per share (180%), and for the financial year ended March 31, 2023, it recommended Rs.16 per share (160%), each subject to shareholder approval in the upcoming AGM as per the disclosures.

Market impact and what to track next

The immediate market-relevant change is the shift in the timing of the audited results announcement from April 30 to May 2, 2026. For investors, the key watchpoints around the meeting remain the audited standalone and consolidated results for Q4FY26 and FY26, and whether the board recommends a dividend for FY26.

The company has also clearly communicated that trading window restrictions remain active from April 1, 2026, until 48 hours after the results announcement. Investors tracking corporate governance developments may also note the completed postal ballot outcome supporting the reappointment of an independent director for a second term starting August 04, 2026.

Conclusion

L.G. Balakrishnan & Bros has moved its FY26 results board meeting to May 2, 2026, while keeping the agenda focused on audited results and a possible dividend recommendation. The company has maintained trading window closure norms tied to the results cycle. The next confirmed event for investors is the board meeting on May 2, 2026 and the ensuing exchange disclosures on audited numbers and any dividend recommendation.