LTFOODSNSELT Foods LimitedHighNegative
Announced Wed, 25 Feb · 17:02 IST

LT Foods Limited has informed the Exchange about Update on the Countervailing Duty (CVD) order

Regulatory & Legal View source PDF

LTFOODS · price

Loading chart…

▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

LT Foods has informed exchanges that the US Department of Commerce has issued a Final Order dated February 23, 2026, reducing the Countervailing Duty (CVD) rate on its step-down subsidiary Ecopure Specialities Limited's exports of organic soybean meal to the United States. The provisional CVD rate of 340.27% has been brought down to 75.48%, cutting potential liability by around Rs. 163 crore. Ecopure had sales of about Rs. 50 crore during the January–December 2023 review period that were originally hit by this duty. The final order follows an administrative review that initially used an 'adverse facts available' methodology against the subsidiary.

Likely market impact

This is a significant positive outcome for LT Foods — a roughly 78% reduction in the countervailing duty rate meaningfully lowers the contingent liability on its subsidiary's US business and removes a major overhang on the stock. Shareholders can view this as favourable news that reduces export-related risk and supports the company's international operations.