LT Foods Limited has submitted the Exchange a copy Srutinizers report of Postal Ballot. Further, the company has informed the Exchange regarding voting results.
LTFOODS · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
LT Foods Limited has announced the results of a postal ballot conducted through remote e-voting from March 10 to April 8, 2026. Five resolutions were passed: (1) Re-appointment of Mr. Abhiram Seth as Independent Director with 78.15% shareholder support despite 21.85% opposition from institutional investors; (2) Re-appointment of Ms. Ambika Sharma as Independent Director with 83.11% support; (3) Appointment of Ms. Rima Gupta as Independent Director with near-unanimous 99.999% support; (4) Appointment of Mr. Ashok Kumar Arora as Whole-time Director with 95.20% support (promoters declared interested in this resolution); and (5) Alteration of the Object Clause of the Memorandum of Association with 99.999% support. Overall voting turnout was 72.56% of total shares. All resolutions were deemed passed on April 8, 2026.
The appointment of new independent directors and the MoA amendment signal governance strengthening and potential business scope expansion. The significant institutional opposition to Abhiram Seth's re-appointment warrants monitoring but does not block the resolution. Overall, this is a routine governance filing with broadly positive outcomes for the company.