Intimation under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 in respect of setting up of new manufacturing unit at Raichur, Karnataka.
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LT Foods has informed the exchanges about setting up a new manufacturing unit at Raichur, Karnataka, under Regulation 30 of SEBI LODR. The company, known for its rice and staples brands like Daawat and Royal, is expanding its production footprint with this new facility. This is being done through LT Foods' wholly-owned subsidiary. The addition is expected to strengthen the company's manufacturing capacity for its rice and food products business. No specific capex amount or timeline for commissioning has been disclosed in this intimation.
This expansion signals LT Foods' growth plans and could boost future revenue capacity once the unit becomes operational, though the immediate stock impact may be limited as the unit is yet to be commissioned.