LT Foods has announced its financial results for the quarter and year ended March 31, 2026. The Board of Directors has recommended a final equity dividend of Re. 1 per share, representing a 100% payout. Additionally, the company has strengthened its leadership team with the appointment of Mr. Raj Kumar Jain as an Independent Director, effective May 14, 2026, for a five-year term.
Financial Highlights and Dividend Declaration
During the board meeting held on May 14, 2026, the company approved its standalone and consolidated financial results for the quarter and financial year ended March 31, 2026. The Statutory Auditors have issued an unmodified opinion on these financial statements. Furthermore, reflecting strong operational performance, the Board has recommended a final equity dividend of Re. 1 per equity share (100% of face value), subject to approval at the upcoming Annual General Meeting.
Leadership Strengthening
To bolster its governance framework, the Board has appointed Mr. Raj Kumar Jain as an Additional Independent Director. His tenure is set for five consecutive years, effective from May 14, 2026, to May 13, 2031. The company will seek shareholder approval for this appointment through a postal ballot process.
About the New Director
Mr. Raj Jain brings a wealth of leadership experience to the Board. Currently the Managing Director of Clicktech Retail Private Limited and founder of Bounce Inc., he has previously held key executive roles, including CEO of The Times of India Group and leadership positions at Walmart India, Whirlpool, and Hindustan Lever Ltd. He holds an engineering degree from the Delhi College of Engineering and an MBA from the Kellogg School of Business.
Source: BSE
