LGB Forge's Board approved financial results for the quarter, reporting an exceptional gain of 10.06 Cr from land sale.

The company appointed Sri Arjun Parthasarathy, an experienced metal forming professional and brother-in-law of the MD, as an additional Director, pending shareholder approval.

The Board also moved to update the company's Memorandum and Articles of Association to align with the Companies Act, 2013, and support business diversification.

A Postal Ballot will be conducted to seek shareholder approval for these changes.