LGBROS

LG Balakrishnan & Bros Ltd has informed the Exchange that the Board of Directors of the Company at its meeting held on November 27, 2009, inter alia, has approved the following : 1) Cancellation of 6740 equity shares of Re.1/- each issued in the year 1994 on rights basis to certain shareholders, who have not taken-up or agreed to be taken-up the shares offered, so as to diminish the issued capital to Rs.7,84,81,034/- from Rs.7,84,87,774/- in conformity with the subscribed & paidup capital. 2) Issue of 6 (Six) equity shares of Re.1/- each on preferential basis to the promoters & promoters group

Lg Balakrishnan & Bros Ltd has informed the Exchange that the Board of Directors of the Company at its meeting held on October 15, 2008, inter alia, has approved the following: 1) Sri. L.G.Varadarajulu, Director of the Company has tendered his resignation from his position of Director of the Company, and his resignation was accepted w.e.f. October 15, 2008. 2) Sri.B.Vijayakumar, Managing Director was designated as Chairman of the Board of the Company with effect from October 15, 2008 apart from his Managing Directorship.

Lg Balakrishnan & Bros Ltd has informed the Exchange that: "The Board of Directors at its meeting held on December 31, 2007 has approved the details of the Scheme for demerger of the Forging division into a separate Company. The Board accepted the recommendations contained in the scheme of demerger whereby the Company will be demerged the Forging Division consisting of Hot Forging Division, Warm Forging Division & Cold Forging Division into a separate Company. LGB Forge Limited with effect from 01.04.2008 through High Court approved process. The Board accepted the share entitlement ratio for t

Lg Balakrishnan & Bros Ltd has informed the Exchange that the Board of Directors of the Company in their meeting held on March 20, 2006 considered and approved the following businesses :- (1) Approval for a programme of capital expenditure involving inter-alia additional manufacturing facilities and debt replacement involving re-payment of existing high cost debt. (2) Approval for raising upto Rs.250.00 Crores (Rupees Two Hundred and Fifty Crores) through an issue of equity / equity linked ("Securities") by way of a rights issue / preferential allotment and / or debt instrument. (3) Appointmen