LT Foods Limited Announces Resignation of Two Independent Directors
LT Foods Limited confirmed the resignation of two independent directors from its Board of Directors, Mrs. Neeru Singh and Mr. Satish Chander Gupta. The resignations were effective from May 6, 2026.The company stated that both independent directors tendered their resignations on May 6, 2026. Mrs. Neeru Singh (DIN: 06987939) and Mr. Satish Chander Gupta (DIN: 00025780) have both ceased their positions as Independent Directors.
Following her departure, Mrs. Singh will also cease to be a member of the Audit Committee, Nomination and Remuneration Committee, and chairperson of both the Corporate Social Responsibility Committee and the Stakeholders Relationship Committee of the Board.
The resigning directors confirmed that there are no material reasons for their resignations beyond those detailed in their respective resignation letters.
Directorship and Committee Details
Mrs. Neeru Singh's tenure on the board included several key committee roles. She served as an Independent Director and held the following committee memberships:| Committee Role | Membership Status |
|---|---|
| Audit Committee | Member |
| Nomination & Remuneration Committee | Member |
| Stakeholders Relationship Committee | Chairperson |
| Corporate Social Responsibility & Environment Social Governance Committee | Chairperson |
Mr. Satish Chander Gupta was also noted as an Independent Director of LT Foods Limited.
The resignations mark a change in the composition of the board's independent director segment. Both individuals confirmed that the reasons for their exit were limited to those stated in their formal resignation submissions.
LTFOODS Stock Price Movement
Shares of LT Foods Limited are slipping by 0.30% in live trading as of 12:50 PM, reflecting an intraday dip of ₹1.30. The stock continues its slide amid high volume, trading on 170,198 shares.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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