LT Foods Ltd

AGM Details

• Held on 29-09-2026 at 11:30 AM IST via VC/OAVM.
• Record date for voting: 22-09-2026.

Resolutions Presented

• Resolution 1 (Ordinary): Adoption of standalone and consolidated financial statements for FY 2025-26.
• Resolution 2 (Ordinary): Final dividend of Rs 1 per share; interim Rs 2 already paid.
• Resolution 3 (Ordinary): Re-appointment of director retiring by rotation.

Voting Outcomes

• Resolution 1 passed; 251,483,077 in favour; 363 against; 72.42% turnout.
• Resolution 2 passed; 251,577,121 in favour; 537 against.
• Resolution 3 passed; 236,012,926 in favour; 15,559,599 against.

Dividend & Director Changes

• Final dividend declared at Rs 1 per share; interim Rs 2 per share already paid.
• Director re-appointment: Alrumaih Sulaiman Abdulrahman S.

Target background

• Leev.nu B.V., Netherlands, focuses on lentil-based crackers and cakes.
• Turnover around EUR 6 million; present in Benelux retail.

Deal terms

• Acquisition increases Nature Bio Foods' stake from 30% to 70.75%.
• Acquired 40.75% additional stake; majority control achieved.
• Cash consideration; equity value EUR 1.735 million.
• Completion targeted October 2026.
• Promoter group has no interest in the transaction.

Strategic rationale

• Diversifies portfolio with plant-based healthy snacks; extends Benelux retail presence.

AGM Details

• 36th AGM held Sept 29, 2026 at 11:30 IST via VC/OAVM.
• Cut-off date for voting rights: Sept 22, 2026.
• Meeting duration: 11:30–12:06 IST.

Key Resolutions

• Adopt standalone and consolidated financial statements for FY ended 31 March 2026.
• Declare final dividend of Rs 1 per share and confirm interim dividend of Rs 2.
• Reappoint director Alrumaih Sulaiman Abdulrahman S who retires by rotation.

Voting/Results

• Voting results to be declared after Scrutinizers’ consolidated report.

LT Foods Limited trading window closed from Thursday, October 01, 2026 and shall remain closed till the completion of 48 hours after the declaration of the Un-audited Standalone and Consolidated Financial Results of the Company for the quarter and half year ended September 30, 2026.

Transaction overview

• LT Foods to acquire 49% stake in Kameda LT Foods (India) Pvt Ltd from Kameda Seika.
• Post-completion, LT Foods will hold 100% and KLT will be a wholly owned subsidiary.

Target background

• Kameda LT Foods (India) Private Limited is an Indian company.
• Industry: Food Processing, rice-based snacks.
• Incorporated 14 March 2017; JV between LT Foods and Kameda Seika.
• Primarily operates in India.
• Manufactures rice-based snacks such as Kaki Kari, KRiSPY HOPU, Okaki.
• Turnover: ₹736 lakh (FY24), ₹1,432 lakh (FY25), ₹1,403 lakh (FY26).

Deal terms

• Cash consideration of ₹1.12 crore for 2,80,26,726 shares (49%).
• Shareholding post-acquisition will be 100% LT Foods.
• Completion timeline: by December 31, 2026.

Regulatory & approvals

• Subject to FEMA and other customary regulatory filings.

Related party status

• Transaction is not a related party transaction.
• Promoter group has no material interest beyond LT Foods.

Meeting Details

• Meeting Type: Virtual meeting with analysts/investors.
• Date & Time: September 16, 2026, 3:30 P.M. IST.
• Organiser: NUVAMA PCG.

Participants

• Key company participants: CEO, Chief Corporate Development Officer, CFO.

Purpose

• Purpose: Intimation of schedule for Analyst/Institutional Investor meetings.

Meeting Details

• Date & time: Sept 11, 2026, 11:30 IST; Virtual meeting with RBC Global.

Participants

• Company executives: CEO, Chief Corporate Development Officer, CFO.

Purpose

• Purpose: discuss with analysts/investors during RBC Global meeting.

Additional Notes

• Mode: virtual; organiser: RBC Global; recording availability not specified.

BRSR submission and assurance

• Filing subject: BRSR for FY2025-26 filed under SEBI Regulation 34.
• Independent assurance: Reasonable assurance by BDO India Services Private Limited on BRSR disclosures.
• Scope: India operations; period Apr 1 2025–Mar 31 2026; standalone boundary.
• Governance: CSR/ESG Committee chaired by Independent Director Neeru Singh; MD/CEO member.
• Material targets set for 2030 across sustainable sourcing, green energy, climate, packaging, health and rights.
• GHG: Scope 1 3,287; Scope 2 11,255 MT CO2e; intensity 0.04 MT CO2e/turnover.
• Water use: withdrawal 2,07,521 KL; consumption 2,07,521 KL; packaging: 79% recyclable.
• Waste: total waste 9,111 MT; recycled/reused categories highlighted; EPR packaging compliance.
• Compliance: No monetary penalties; data integrity improvements highlighted by auditor.
• Assurance conclusion: Disclosures are fairly reliable; data management improvements recommended.