StockWatch
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Packaged Foods
Corporate Governance14 May 2026, 04:27 pm

LT Foods Appoints Raj Kumar Jain as Additional Director

AI Summary

LT Foods Ltd has appointed Mr. Raj Kumar Jain as an Additional Director in the capacity of a Non-Executive Independent Director, effective May 14, 2026, for a term of five years, subject to shareholder approval. The board also approved the audited standalone and consolidated financial results for the year ended March 31, 2026, recommended a final dividend of Re. 1 per share, and reconstituted various board committees.

Key Highlights

  • Raj Kumar Jain appointed as Additional Non-Executive Independent Director for five years.
  • Board approved audited financial results for FY26 and recommended a final dividend of Re. 1 per share.
  • Shareholder approval is sought via postal ballot for Jain's appointment.
  • Board reconstituted various committees effective May 14, 2026.