LT Foods Limited has informed the Exchange regarding Appointment of Mr Raj Kumar Jain as Non- Executive Independent Director of the company w.e.f. May 14, 2026.
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LT Foods Limited's Board of Directors meeting on May 14, 2026 approved the appointment of Mr. Raj Kumar Jain as an Additional Independent Director for a five-year term (May 14, 2026 to May 13, 2031). The appointment is subject to shareholder approval via postal ballot. Raj Kumar Jain brings extensive experience including former CEO of Times of India Group, leading Walmart's India entry via Bharti JV, and MD & CEO of Whirlpool India. He currently serves as Managing Director of Clicktech Retail Private Limited. The filing also includes audited financial results for Q4 and FY ended March 2026 with unmodified audit opinion, and recommendation of Re. 1 per share final dividend (100%) for FY 2025-26 pending shareholder approval at AGM.
The appointment of an experienced independent director with diverse corporate leadership experience strengthens board governance. The dividend recommendation signals financial health. No immediate shareholder concern as this follows standard governance procedures.