LGB Forge members approve rights issue

LGB Forge Ltd has informed BSE that the members at the Extra Ordinary General Meeting (EGM) of the company held on October 29, 2011, inter alia, have unanimously approved further issue of equity shares of Re 1 each on a rights basis in the ratio of 1:2 at a price of Rs 2.75 per share (inclusive premium of Rs 1.75).