LT Foods Limited has informed the Exchange about General Updates
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LT Foods' Board approved the audited standalone and consolidated financial results for Q4 and FY ended March 31, 2025. Statutory auditors MSKA & Associates issued an unmodified opinion on the standalone results and an unmodified opinion with an 'Emphasis of Matter' paragraph on the consolidated results, flagging the recoverability of a Rs. 13,410.53 lakh insurance claim asset at subsidiary Daawat Foods Limited that is sub-judice at the Madhya Pradesh High Court. The Board recommended a final dividend of Re. 1 per share (100%) for FY25, taking total dividends to Rs. 3 per share along with the interim Rs. 2 already paid. It also approved the 100% acquisition of Global Greens Group entities (GG INV, GG EUROPE, GG UK) by step-down subsidiary LT Foods BV, Europe, to strengthen its European footprint.
Shareholders benefit from a steady Rs. 3 total dividend for FY25 and a strategic European acquisition, but the auditor's emphasis on the Rs. 134+ crore insurance claim at Daawat Foods – still under appeal – remains a key contingent risk that could impact consolidated earnings if the differential amount is not realised. The new ESOP scheme may also lead to mild future dilution.