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LT Foods Limited has incorporated a new step-down subsidiary, LT Foods Middle East LLC, as a wholly owned subsidiary of LT Foods Holdings ME Limited. This subsidiary has a capital of 10 lakh Dirhams, aimed at enhancing LT Foods' presence in the Middle East food industry. With a 100% ownership structure, this move is expected to strategically position the company in a growing market. LT Foods Middle East LLC, registered in Riyadh, Saudi Arabia, will focus on rice and rice-based products. While this transaction represents a related party involvement, it is not viewed as a conflict of interest. This strategic expansion indicates a positive outlook for LT Foods as it aims to leverage opportunities in the Middle Eastern market.