LG Balakrishnan & Bros Limited has announced the successful completion of its postal ballot process for the reappointment of Dr. Vinay Balaji Naidu as Non-Executive Independent Director. The company submitted the voting results and scrutinizer's report to stock exchanges on March 21, 2026, following the conclusion of the remote e-voting period.

Postal Ballot Resolution Details

The postal ballot sought shareholder approval for a special resolution regarding Dr. Vinay Balaji Naidu's reappointment. The resolution specifically addressed his continuation as Non-Executive Independent Director for a second term of five consecutive years, effective from August 04, 2026.

Voting Process and Timeline

The company conducted the postal ballot exclusively through remote e-voting means, following regulatory guidelines and MCA circulars. The voting process was structured to ensure fair and transparent participation from eligible shareholders.

Shareholder Participation and Results

The postal ballot witnessed significant shareholder participation with overwhelming support for the proposed resolution. Out of 38,081 total shareholders as on the cut-off date, 216 members participated in the remote e-voting process.

Regulatory Compliance and Scrutinizer Report

The company appointed Mr. M.D. Selvaraj, FCS, Managing Partner of MDS & Associates LLP, Company Secretaries, Coimbatore, as the scrutinizer for the postal ballot process. The scrutinizer conducted the voting process in accordance with Section 108, 110 and other applicable provisions of the Companies Act, 2013, along with relevant SEBI regulations.

The scrutinizer's report confirmed that the special resolution was passed with requisite majority. The e-voting module was disabled on March 20, 2026 at 05:00 PM (IST), and votes were unblocked at 05:25 PM (IST) in the presence of independent witnesses. The voting results and scrutinizer's report have been made available on the company's website and CDSL's e-voting portal for shareholder reference.

LG Balakrishnan & Bros Limited has announced a postal ballot notice for seeking shareholder approval for the re-appointment of Dr. Vinay Balaji Naidu as Non-Executive Independent Director. The company issued the notice on February 18, 2026, in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Re-appointment Details

The postal ballot seeks approval for Dr. Vinay Balaji Naidu's (DIN: 09232643) re-appointment as Non-Executive Independent Director for a second term of five consecutive years. His current tenure concludes on August 03, 2026, and the proposed re-appointment will be effective from August 04, 2026 to August 03, 2031.

E-voting Schedule

The company will conduct the voting process exclusively through remote e-voting, with no physical postal ballot forms being distributed. Central Depository Services Limited (CDSL) has been engaged to provide the e-voting facility.

Director Profile

Dr. Vinay Balaji Naidu brings significant expertise to the board with his educational background and professional experience. He holds a Master of Dental Surgery (MDS) degree and has over 19 years of experience as a Specialist in Micro-Endodontics, along with more than 15 years of experience in general administration.

Key Details:

• Age: 47 years (born April 04, 1979)
• Board Attendance: Attended 4 out of 4 meetings in FY 2025-26 (till notice date)
• Remuneration: Sitting fees only (Rs. 1,80,000 in FY 2024-25)
• Shareholding: 5,500 equity shares
• Other Directorships: Independent Director in Precot Limited

Regulatory Compliance

The Board of Directors, based on the recommendation of the Nomination and Remuneration Committee at their meeting held on February 07, 2026, has recommended Dr. Naidu's re-appointment. The re-appointment requires approval through a special resolution as mandated under Section 149(10) of the Companies Act, 2013 and Regulation 25(2A) of the SEBI Listing Regulations.

Mr. M.D. Selvaraj, FCS, Managing Partner of M/s. MDS & Associates LLP, Company Secretaries, Coimbatore, has been appointed as the Scrutinizer to conduct the postal ballot process in a fair and transparent manner. The postal ballot notice and related documents are available on the company's website at www.lgb.co.in and on the websites of stock exchanges and CDSL.