lg electronics India Limited will hold its 29th Annual General Meeting (AGM) on Friday, August 21, 2026, at 11:00 A.M. (IST) via Video Conferencing/Other Audio Visual Means (VC/OAVM). The primary focus of the meeting is the appointment of new statutory auditors and the ratification of key auditor remuneration packages, ensuring compliance with regulatory mandates for the upcoming financial years.

The Board of Directors, acting on the recommendation of the Audit Committee, has proposed the appointment of M/s. Deloitte Haskins & Sells Chartered Accountants LLP as the Statutory Auditor for a term of five consecutive years, from the conclusion of the current AGM until the conclusion of the AGM in 2031. This appointment replaces M/s. Price Waterhouse Chartered Accountants LLP, which is completing its second term. The annual remuneration for Deloitte is set at ₹ 1.68 crore, payable in installments plus applicable taxes and out-of-pocket expenses. The Board noted that this fee represents no material change from the remuneration paid to the retiring auditors for the financial year ended March 31, 2026.

Key Resolutions and Auditor Appointments

Shareholders will vote on several ordinary resolutions concerning the company’s audit framework. In addition to the statutory auditor appointment, the AGM will ratify the remuneration of M/s J.K. Kabra & Co., Cost Accountants, for conducting the cost audit for the financial year ending March 31, 2027. The approved fee is ₹2,50,000 plus applicable taxes and expenses. Furthermore, the company seeks approval to appoint M/s Dhananjay Shukla & Associates, Practising Company Secretaries, as Secretarial Auditor for five years, from Financial Years 2026-2027 to 2030-2031. The proposed remuneration for the secretarial audit for FY27 is ₹ 3,50,000 plus taxes and expenses.

Director Re-appointment and Governance

Hong Ju Jeon (DIN: 10041232), who serves as the Managing Director, retires by rotation and offers himself for re-appointment. Jeon, who joined the LG group in October 1994 and the Indian subsidiary in December 2022, holds a master’s degree in business administration from Thunderbird School of Global Management. He chairs the Risk Management Committee and is a member of the Stakeholders Relationship Committee. None of the directors or key managerial personnel have any financial interest in these resolutions.

E-Voting and Meeting Logistics

The remote e-voting period commences on Tuesday, August 18, 2026, at 9:00 a.m. IST and ends on Thursday, August 20, 2026, at 5:00 p.m. IST. Only members holding shares as on the cut-off date of Friday, August 14, 2026, are eligible to vote. The company has engaged National Securities Depository Limited (NSDL) to facilitate electronic voting. Mr. Neeraj Arora of Neeraj Arora & Associates has been appointed as the Scrutinizer for the e-voting process. Members are advised to update their email addresses with their Depository Participants or the Registrar and Transfer Agent to access the annual report and e-voting facilities electronically.

LG Electronics India has appointed M/s. Deloitte Haskins & Sells Chartered Accountants LLP as its statutory auditors for a five-year term, replacing the incumbent M/s. Price Waterhouse Chartered Accountant LLP. The Board of Directors approved the appointment on July 21, 2026, based on the recommendation of the Audit Committee. The new tenure will commence from the conclusion of the ensuing 29th Annual General Meeting (AGM) and extend until the conclusion of the AGM to be held in the year 2031, subject to shareholder approval.

The Board also approved the re-appointment of M/s. J.K. Kabra & Co., Cost Accountants, for the Financial Year 2026-2027. Their remuneration requires ratification by the members at the 29th AGM. The meeting was conducted via Video Conferencing and Other Audio-Visual Means in compliance with regulatory provisions.

Auditor Appointment Details

M/s. Deloitte Haskins & Sells Chartered Accountants LLP was constituted in 1997 and converted to a Limited Liability Partnership on June 2, 2021. The firm is part of the Deloitte network registered with the Institute of Chartered Accountants of India. M/s. J.K. Kabra & Co., established in 1982, brings 40 years of experience in cost audit and related services.

29th Annual General Meeting

The 29th AGM is scheduled for Friday, August 21, 2026. The Notice convening the meeting and the Annual Report for the Financial Year 2025-2026 will be dispatched electronically to members within the prescribed timelines. The Board meeting commenced at 03:45 P.M. (IST) and concluded at 5:05 P.M. (IST).