L.G. Balakrishnan & Bros Signs MoU with Indian State Government for Investment Support

MT Newswires Live

Nov 27

L.G. Balakrishnan & Bros (NSE:LGBBROSLTD, BOM:500250) has signed a non-binding memorandum of understanding with the Tamil Nadu government through its nodal agency, Guidance, to receive infrastructural support and regulatory facilitation, according to a Wednesday filing.

The arrangement will help the company secure required permissions, approvals, allotments, clearances, and state-level incentives, reaffirming its commitment to invest in Tamil Nadu, the filing said.

Shares of the company were down nearly 1% in Thursday's trade.

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Balakrishnan & Bros Signs MoU with Indian State Government for Investment Support\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1092851196\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">MT Newswires Live </p>\n<p class=\"h-time\">2025-11-27 17:59</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><p> L.G. Balakrishnan &amp; Bros (NSE:LGBBROSLTD, BOM:500250) has signed a non-binding memorandum of understanding with the Tamil Nadu government through its nodal agency, Guidance, to receive infrastructural support and regulatory facilitation, according to a Wednesday filing.</p><p>The arrangement will help the company secure required permissions, approvals, allotments, clearances, and state-level incentives, reaffirming its commitment to invest in Tamil Nadu, the filing said.</p><p>Shares of the company were down nearly 1% in Thursday's trade.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU0061475181.USD","symbol_name":"THREADNEEDLE (LUX) AMERICAN \"AU\" (USD) ACC","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2586249890","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2586249890","pubTimestamp":1764237564,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. 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