LT Foods Approves FY 2025-26 Financial Results, Recommends Dividend, and Names Additional Independent Director

LT Foods Approves FY 2025-26 Financial Results, Recommends Dividend, and Names Additional Independent Director​

LT Foods Limited announced the outcome of its Board of Directors meeting held on May 14, 2026, confirming the approval of its audited financial results for the quarter and financial year ended March 31, 2026. The Board also recommended a final dividend and approved the appointment of a new Additional Independent Director.

The Board reviewed and approved the Audited Standalone and Consolidated Financial Results of the Company for the financial year 2025-26. The Statutory Auditors issued an Audit Report on the aforementioned financial results with an unmodified opinion.

In a key governance decision, the Board also recommended a final equity dividend for the financial year 2025-26.


The dividend recommendation remains subject to the approval of the shareholders at the ensuing Annual General Meeting (AGM).

Key Appointments and Governance Changes​

The Board considered and approved the appointment of Mr. Raj Kumar Jain (DIN: 01741527) as an Additional Independent Director. This appointment is effective for a term of five consecutive years, spanning from May 14, 2026, to May 13, 2031. The Board noted that the appointment is subject to shareholder approval, which will be sought via a postal ballot.

Additionally, the Company approved the reconstitution of various Committees of the Board, effective May 14, 2026.

Profile of Mr. Raj Kumar Jain​

Mr. Raj Kumar Jain, the appointee, holds an Engineering Degree from Delhi College of Engineering and an MBA from Kellogg School of Business.

His professional background includes several high-profile roles across diverse industries:

• Current Focus: Mr. Jain is currently serving as the Managing Director of Clicktech Retail Private Limited, a premium pro seller of Electronics and other merchandise on e-commerce platforms in India. He founded Bounce Inc. in 2020, a consulting firm specializing in India market entry and 'phygital' transformation initiatives.
• Media and Retail: Prior to establishing Bounce Inc., he was the Chief Executive Officer of The Times of India Group, India's largest Media Company across Print, Television, Out of Home, and Digital Business. In 2006, he spearheaded Walmart Inc.'s entry into India through a JV with Bharti Group, leading the establishment of a Pan India Wholesale Cash & Carry, Multi format Retail and Supply Chain Business.
• Global Corporate Experience: Earlier in his career, he served as APAC Head, Marketing & Supply Chain at Whirlpool Corporation based in Shanghai, China. During his decade at Whirlpool, he also served as MD & CEO of Whirlpool India Ltd.
• Early Career: Mr. Jain began his career at Hindustan Lever Ltd., accumulating over 16 years of experience at Unilever India and U.K. in Sales, Marketing, and Supply Chain.
• Advisory Roles: He is the Ex-Chairperson of the Board of American Chamber of Commerce & Industry (AMCHAM) and has served on the advisory board of HOPE Foundation and the Board of ASCI (The Advertising Standards Council of India).

LTFOODS Stock Price Movement​

Shares of LT Foods Limited today slipped by 0.74% to close at ₹411, marking a decline of ₹3.05 from the previous close. The equity traded on a volume of 194,599 shares, finishing the session below its day's high of ₹420.