LGB Forge promoter LG Farm Products reduces stake via open market

Promoter LG Farm Products Private Limited has reduced its shareholding in lgb forge by selling 48,03,181 equity shares through open market transactions. The disposals, executed between June 11 and June 25, 2026, were undertaken pursuant to Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The sales were triggered after the entity breached the 2% disposal threshold on June 25, 2026.

Following the transaction, the total shareholding of the promoter group, including Persons Acting in Concert (PAC), stands at 16,88,26,880 equity shares. This represents 70.87% of the company's total paid-up share capital, down from 72.89% prior to the sale. The equity share capital of LGB Forge Limited remains unchanged at 23,82,02,463 shares of Re.1 each.

LG Farm Products Private Limited held 83,24,466 shares, or 3.49% of the capital, before the sale. Post-disposal, its holding has decreased to 35,21,285 shares, accounting for 1.47% of the total share capital. The shares were sold on the BSE Limited, where the company is listed.

The holding of the Persons Acting in Concert remained unchanged during this period at 16,53,05,595 shares, which constitutes 69.40% of the total share capital. The PAC includes entities such as V Rajvirdhan, L G Balakrishnan and Bros Limited, and Elgi Automotive Service Pvt Limited.

The disclosure was submitted to the exchange by Narmatha G K, Company Secretary of LGB Forge Limited, on July 1, 2026. B Vijayakumar, Director of LG Farm Products Private Limited, signed the disclosure document confirming the transaction details.

Shareholding Details

Entity	Shares Before	Shares After	% Before	% After
LG Farm Products Private Limited	83,24,466	35,21,285	3.49	1.47
Persons Acting in Concert	16,53,05,595	16,53,05,595	69.40	69.40
Total Promoter Group	17,36,30,061	16,88,26,880	72.89	70.87

Key Transaction Metrics

Parameter	Details
Mode of Sale	Open Market
Sale Period	11.06.2026 – 25.06.2026
Total Shares Sold	48,03,181
Total Paid-up Capital	23,82,02,463 shares

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-4.85%	+7.56%	-11.78%	-22.59%	-49.47%	-20.08%

LGB Forge Limited has released its audited standalone financial results for the quarter and financial year ended March 31, 2026. The results, published in newspapers on May 16, 2026, were approved by the Board of Directors at its meeting held on May 15, 2026.

Revenue and Profitability Performance

LGB Forge recorded revenue from operations of ₹10,318.66 lakhs for FY26, an increase from ₹9,403.76 lakhs in FY25. Total income from operations for the year stood at ₹10,318.66 lakhs. Despite the revenue growth, the company reported a net loss of ₹221.73 lakhs for FY26, compared to a net loss of ₹122.45 lakhs in the prior year.

The following table summarises the key financial results for the full year and the latest quarter:

Metric	Q4 FY26 (Audited)	Q3 FY26 (Unaudited)	Q4 FY25 (Audited)	FY26 (Audited)	FY25 (Audited)
Total Income from Operations (₹ Lakhs)	2,566.14	2,384.89	2,392.53	10,318.66	9,403.76
Net Profit/(Loss) Before Exceptional Items (₹ Lakhs)	(46.30)	(121.56)	(40.23)	(152.39)	(337.80)
Net Profit/(Loss) After Exceptional Items (₹ Lakhs)	(50.84)	(186.36)	(40.23)	(221.73)	(122.45)
Basic EPS (₹)	(0.02)	(0.08)	(0.02)	(0.09)	(0.05)
Diluted EPS (₹)	(0.02)	(0.08)	(0.02)	(0.09)	(0.05)

Exceptional Items and Labour Code Impact

The FY26 results include exceptional items impacting the net loss. The company recorded a loss before exceptional items and tax of ₹152.39 lakhs, which improved from the ₹337.80 lakhs loss recorded in FY25. However, after accounting for exceptional items, the net loss for FY26 widened to ₹221.73 lakhs.

Earnings Per Share

The company reported a Basic and Diluted Earnings Per Share (EPS) of (₹0.09) for FY26, compared to (₹0.05) in FY25. For the quarter ended March 31, 2026, the Basic and Diluted EPS stood at (₹0.02). The equity share capital remained unchanged at ₹2,382.02 lakhs with a face value of ₹1/- per share.