LT Foods Limited — Important, 27-01-2025: Updates

The Board of LT Foods Limited convened a meeting to discuss several key developments. It approved the unaudited financial results for the quarter and nine months ended December 31, 2024. The company declared an interim dividend of ₹0.50 (50%) per equity share and set February 4, 2025, as the record date for entitlement. Additionally, the board approved the reappointment of Ashwani Kumar Arora and Surinder Kumar Arora as Managing Directors, effective June 21, 2025, pending shareholder approval. The board also reappointed Neeru Singh as an Independent Director, effective March 17, 2025.

In a strategic move, LT Foods will acquire a 4% stake in Raghunath Agro Industries Private Limited, a wholly-owned subsidiary, for ₹2.70 cr, aiming for full ownership. Moreover, Protiviti India Member Private Limited was reappointed as the internal auditor for the financial year 2025-26. These developments reflect LT Foods' commitment to growth and operational efficiency.