LT Foods Limited has informed the Exchange regarding Outcome of Board Meeting held on February 26, 2026.
LTFOODS · price
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LT Foods' board, meeting on February 26, 2026, approved the re-appointment of two Independent Directors — Mr. Abhiram Seth (for a second 5-year term from July 22, 2026) and Mrs. Ambika Sharma (for a second 5-year term from March 10, 2026). The board also approved the appointment of Ms. Rima Gupta as a new Independent Director for 5 years starting April 8, 2026, and appointed Mr. Ashok Kumar Arora as Whole Time Director for 3 years effective April 8, 2026. Mr. Ashok Kumar Arora belongs to the promoter family — he is the brother of the existing Chairman & MD Vijay Kumar Arora, CEO & MD Ashwani Kumar Arora, and MD Surinder Kumar Arora, and currently heads Punjab Operations at LT Foods. Additionally, the board approved adding a new sub-clause to the Object Clause of the Memorandum of Association to permit the company to set up food testing, research, and scientific laboratories. All appointments are subject to shareholder approval via postal ballot, with cut-off date set as March 6, 2026.
The appointments reinforce continuity at the board level, with the addition of a fourth member of the promoter Arora family as Whole Time Director, increasing promoter family representation on the board. For shareholders, this consolidates promoter control while the expanded object clause opens potential new revenue avenues in food testing and research services.