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LG Balakrishnan - Notice of Postal Ballot

LG Balakrishnan & Bros Ltd has informed BSE that further to discussions with Renold U.K Manchester leading to a potential Joint Venture with them subject to satisfactory conclusion of other aspects of the sale Agreement to be entered into, the Company is now conducting the postal ballot authorizing the Management for continuance and conclusion in […]

LG Balakrishnan - Outcome of Board Meeting

LG Balakrishnan & Bros Ltd has informed BSE that the Board of Directors of the Company at its meeting held on May 30, 2008, inter alia, has approved the following:
1. Mr. P Prabakaran was appointed as Director and designated as Executive Director on the Board of the Company with effect from June 01, 2008.
2. Mr. […]

LG Balakrishnan - Updates

LG Balakrishnan & Bros Ltd has informed BSE about the Brief note on Scheme of Arrangement between LG Balakrishnan & Bros Ltd & LGB Forge Ltd:
“LG Balakrishnan & Bros Ltd is a listed public Company presently engaged in the businesses of manufacturing of chains, rubber belts, steel forgings and related automotive comporients.
LGB Forge Ltd is […]

LG Balakrishnan shareholders approve Scheme of Arrangement

LG Balakrishnan & Bros Ltd has informed BSE that the Scheme of Arrangement between LG Balakrishnan & Bros Ltd the demerged Company, LGB Forge Ltd, the resulting Company and their respective shareholders for the demerger of Forging Division was approved on March 27, 2008 by the shareholders unanimously at the Extra Ordinary General Meeting as […]

LG Balakrishnan equity shareholders to approve Scheme of Arrangement

LG Balakrishnan & Bros Ltd has informed BSE that pursuant to an order made on February 16, 2008, the Hon’ble High Court of Judicature at Madras has directed that a meeting of the Equity Shareholders of the Company will be held on March 27, 2008, for the purpose of Considering, and if thought fit, approving, […]