Appointment of Mr. Raj Kumar Jain as Additional Director in capacity of Non executive Independent Director.
LTFOODS · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
LT Foods Ltd's Board has approved the appointment of Mr. Raj Kumar Jain as an Additional Independent Director for a 5-year term from May 14, 2026 to May 13, 2031. The appointment requires shareholder approval via postal ballot. Raj Kumar Jain is a seasoned business leader with over 16 years at Unilever, served as CEO of Whirlpool India, was APAC Head at Whirlpool China, led Walmart's India entry via Bharti JV, and was CEO of Times of India Group. He is currently Managing Director of Clicktech Retail and founder of Bounce Inc. The filing also notes the company reported audited financial results with unmodified opinion and recommended a 100% dividend (Re. 1 per share) for FY 2025-26.
Appointment of an experienced independent director with diverse corporate leadership experience strengthens board governance. No direct impact on stock price, but positive for long-term governance structure.