LT Foods Limited — Important, 09-04-2025: General Updates

The company has received a total insurance claim of ₹265 Crore related to a fire incident at its Mandideep plant, which includes ₹161.20 Crore for the claim amount and ₹93 Crore in interest, after the deduction of ₹10 Crore TDS. This payment has been made by Oriental Insurance Company Limited in accordance with a Supreme Court order and has been released against a 100% bank guarantee, valid until the final disposal of the appeal filed by the insurance company in the Madhya Pradesh High Court. This receipt bolsters the company's financial standing and mitigates risk associated with the fire incident.