LT Foods Limited — JV/Acquisition, 27-01-2025: Acquisition

LT Foods Limited has acquired a 4% stake in Raghunath Agro Industries Private Limited, a wholly-owned subsidiary, for ₹2.70 Cr (1,69,918 shares). This strategic move aims to consolidate Raghunath as a fully owned entity, enhancing operational control and aligning with the company's growth trajectory in the food industry. Additionally, the Board has declared a 4th interim dividend of ₹0.50 per equity share for FY 2024-25, reinforcing shareholder value amidst these developments. The acquisition is expected to bolster the firm's market position and financial metrics moving forward.