LT FOODS LTD.

LT Foods Ltd announced the incorporation of its wholly owned subsidiary, LT Foods Australia Pty Limited. This strategic move aims to bolster the company's presence in Australia and the broader Asia-Pacific region, facilitating business development, distribution, customer engagement, and future growth. The initial capital for the subsidiary is AUD 2100, with LT Foods subscribing to 100% of the equity in cash. While this constitutes a related party transaction, it will be conducted on an arm's length basis. The subsidiary is yet to commence operations, hence no historical financial data is available.

LT Foods reported strong FY26 results with consolidated revenue crossing ₹11,023 crores, a 26% YoY growth. The Basmati and Specialty Rice segment grew 29% to ₹9,742 Crores. The Organic Foods and Ingredients segment grew by 9%, crossing ₹1,016 crores. The Ready-to-Eat (RTE) and Ready-to-Cook (RTC) business grew 2.5X over the last five years, reaching ₹187 crores. North America remains the largest market, contributing 48% of revenue with 53% growth. Europe delivered 34% revenue growth.

LT Foods Ltd's board approved the audited standalone and consolidated financial results for the quarter and financial year ended March 31, 2026. They recommended a final equity dividend of Re. 1 per share for FY26, subject to shareholder approval. The board also approved the appointment of Mr. Raj Kumar Jain as an Additional Independent Director for a five-year term and reconstituted various board committees.

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.

LT Foods Ltd's Board of Directors, in a meeting held on May 14, 2026, approved the audited standalone and consolidated financial results for the year ended March 31, 2026. The board recommended a final equity dividend of Re. 1 (@100%) per share, subject to shareholder approval at the Annual General Meeting. Additionally, Mr. Raj Kumar Jain was appointed as an Additional Independent Director for five years, pending shareholder approval via postal ballot. The board also reconstituted its committees effective May 14, 2026.

LT Foods Ltd's board approved the audited standalone and consolidated financial results for the quarter and financial year ended March 31, 2026. They recommended a final equity dividend of ₹1 per share for FY26, subject to shareholder approval. The board also approved the appointment of Mr. Raj Kumar Jain as an Additional Independent Director for a five-year term, subject to shareholder approval via postal ballot. Additionally, the board reconstituted various committees.

LT Foods Ltd's board approved audited standalone and consolidated financial results for the quarter and year ended March 31, 2026. A final dividend of Re. 1 per equity share (100%) for FY26 was recommended, subject to shareholder approval. The board also approved the appointment of Mr. Raj Kumar Jain as an Additional Independent Director for five years, effective May 14, 2026, also subject to shareholder approval via postal ballot. Various board committees were reconstituted effective May 14, 2026.

LT Foods Ltd has scheduled a Board of Directors meeting on May 14, 2026, to consider and approve the audited standalone and consolidated financial results for the quarter and financial year ended March 31, 2026. The board will also consider recommending a final dividend, if any, on the company's equity shares for FY26, subject to member approval at the Annual General Meeting.

LT Foods Ltd announced the resignation of Non-Executive Independent Directors Mrs. Neeru Singh (DIN: 06987939) and Mr. Satish Chander Gupta (DIN: 00025780), effective May 6, 2026. Mrs. Singh also ceases to be a member/chairperson of various committees. Both directors confirmed no material reasons for their resignations beyond those stated in their letters.

LT Foods Ltd. has partnered with KidZania India to launch an immersive DAAWAT® factory, a first-of-its-kind experiential center. Designed for children aged 4-14, it educates them on the journey of Basmati rice from farm to fork. Children role-play as Production Engineers, learning about quality control and machinery operation. Upon completion, they receive a 200g DAAWAT® Basmati pack and a digital certificate. This initiative aims to foster deeper consumer connections, instill values of quality and responsibility, and strengthen brand affinity by showcasing the science and care behind the product.