L.G. Balakrishnan & Bros Limited filed revised standalone and consolidated audited financial results for the year ended March 31, 2026, under Regulation 33, following the identification of an inadvertent typographical error in the exceptional item figures reported in the PDF version of the results submitted to the exchanges. The company confirmed that the underlying financial figures remain unchanged, and the revision pertains solely to the correction of the exceptional item breakdown in the notes. The statutory auditors, M/s. Suri & Co., expressed an unmodified audit opinion on the financial results.

Exceptional Item Correction

Upon identification of the error, the company submitted a revised filing dated May 4, 2026, with the corrected exceptional item breakdown. The exceptional item for the quarter and year ended March 31, 2026, is presented as follows:

Effective from November 21, 2025, the Government of India consolidated multiple existing labour laws into four Labour Codes. Under IndAS 19 and ICAI guidance, changes to employee benefit plans arising from legislative amendment require immediate recognition of past service cost in the statement of profit and loss. The New Labour Codes resulted in an estimated one-time increase in provision for employee benefits of Rs. 1,242.62 lakhs as per actuarial valuation, which the company has presented as an exceptional item given its materiality and non-recurring nature.

Financial Performance

The company's financial results for FY26 remain as originally reported. The following table summarises the key financial metrics:

*Not Annualised

Standalone revenue from operations reached Rs. 73,246.35 lakhs, up from Rs. 60,579.35 lakhs in the previous fiscal year. The standalone net profit after tax for FY26 amounted to Rs. 30,634.24 lakhs, compared to Rs. 29,066.21 lakhs in FY25. On a consolidated basis, net profit after tax stood at Rs. 31,874.29 lakhs versus Rs. 30,209.07 lakhs in FY25.

Segment Performance

The company operates through two main business segments: Transmission and Metal Forming. The following table presents segment-wise revenue for the year ended March 31, 2026:

The Transmission segment remained the primary revenue driver across both standalone and consolidated operations.

Cash Flow Highlights

On a standalone basis, net cash generated from operating activities stood at Rs. 33,897.39 lakhs for the year ended March 31, 2026, compared to Rs. 29,611.77 lakhs in the prior year. Net cash used in investing activities amounted to Rs. 28,542.54 lakhs, primarily driven by capital expenditure of Rs. 34,013.78 lakhs. Cash and cash equivalents at the end of the year stood at Rs. 1,513.32 lakhs, up from Rs. 1,214.75 lakhs at the beginning of the year. On a consolidated basis, net cash generated from operating activities was Rs. 33,170.61 lakhs, with capital expenditure of Rs. 37,125.65 lakhs and closing cash and cash equivalents of Rs. 2,148.02 lakhs.

Dividend Announcement

The board of directors recommended a dividend of Rs. 22 per equity share of Rs. 10 each, representing 220% of the face value, for the financial year ended March 31, 2026. The dividend is subject to approval by shareholders at the upcoming Annual General Meeting. The record date for determining eligible shareholders has been fixed as Wednesday, August 19, 2026, and the dividend payment is scheduled to be made on or before September 18, 2026.

Corporate Governance and Management Updates

The board approved the re-appointment of Dr. G.L. Sankaran as Cost Auditor for the financial year 2026-27, subject to ratification by shareholders. Additionally, the board approved the re-appointment of Sri. G. Jawaharlal and M/s. Lathi & Tapdiya, Chartered Accountants, as Internal Auditors for the financial year 2026-27. The board also recommended the continuation of directorship of Sri. S. Sivakumar (DIN: 00016040) as a Non-Executive Non-Independent Director beyond the age of 75 years, subject to approval by shareholders through a special resolution at the ensuing Annual General Meeting. Mr. Suresh Sivalingam, Vice President, Strategic Business Development, tendered his resignation due to personal reasons effective from the close of business hours on January 31, 2026. The board has convened the 70th Annual General Meeting on Wednesday, August 26, 2026, through video conferencing and other audio visual means. The register of members and share transfer books will remain closed from Thursday, August 20, 2026, to Wednesday, August 26, 2026 (both days inclusive) for the purpose of dividend and the Annual General Meeting. The company has confirmed that it does not fulfil the criteria to be classified as a "Large Corporate" for the financial year ended March 31, 2026, as per the applicable SEBI circular.

LG Balakrishnan & Bros Limited has issued a regulatory disclosure under Regulation 30 of SEBI Listing Regulations regarding newspaper advertisements published on April 20-21, 2026. The advertisements relate to a special window for re-lodgement of transfer requests of physical shares, providing shareholders with an important opportunity to regularize their holdings.

Special Window for Physical Share Transfers

The company has announced a special window facility pursuant to SEBI Circular No. HO/39/13/11/2026-MRD-POD/37550/2026 dated January 30, 2026. This facility provides shareholders with specific opportunities to address pending share transfer issues.

The special window covers two main categories: re-lodgement of transfer requests submitted prior to April 01, 2019 that were rejected or returned due to document deficiencies, and fresh lodgement of transfer requests not previously submitted, provided original share certificates are available.

Transfer Conditions and Restrictions

Shares transferred during this special window period will be mandatorily credited to the transferee only in demat mode. These shares will remain under lock-in for one year from the date of registration of transfer, during which they cannot be transferred, sold, or pledged.

Excluded Cases

The special window does not cover:

• Disputes between transferor and transferee (to be settled through NCLT process)
• Shares transferred to Investor Education and Protection Fund (IEPF)
• Cases where original share certificates are not available

Saksham Niveshak Campaign Launch

The company has launched the second 100-day 'Saksham Niveshak' campaign running from April 1, 2026 to July 9, 2026. This initiative targets shareholders who have not claimed dividends from financial years 2018-19 to 2024-25 or have not updated their KYC details.

Documentation and Contact Information

Shareholders seeking to avail these facilities must submit requisite documents to the company's Registrar and Share Transfer Agent, Camed Corporate Services Limited. The RTA is located at Subramanian Building, 1 Club House Road, Chennai - 600 002, with contact numbers 044-28460390/40020700 and email investor@camedindia.com .

KYC Updates and Dematerialization

The company strongly encourages shareholders holding physical shares to update their KYC details, bank mandates, nomination choices, and contact information. Shareholders must submit appropriate forms including ISR-1, ISR-2, ISR-3, and Form SH-13 as applicable. The company also recommends converting physical shares to dematerialized form for better security and ease of transactions.

All relevant information and campaign details are available on the company's website at www.lgb.co.in , providing shareholders with comprehensive guidance on availing these facilities.