The Board approved the proposal for acquisition (100% stake) of the relevant entities of Global Greens Group by LT Foods BV, Europe (Step down subsidiary of LT Foods Limited)
LTFOODS · price
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LT Foods' Board has approved the acquisition of 100% stake in the relevant entities of Global Greens Group (GGG) — GG INV, GG Europe and GG UK — by LT Foods BV, the company's step-down European subsidiary. This expands LT Foods' international footprint, particularly in the UK and European markets where it already has a presence. The Board also approved FY25 audited results with a consolidated total income of around Rs. 2,285 crore and a net profit of roughly Rs. 160 crore, broadly flat versus the previous year. The Board recommended a final dividend of Re. 1 per share (face value Re. 1), taking total FY25 dividend to Rs. 2 per share (including the interim already paid), subject to shareholder approval. Additionally, the Board approved a new Employee Stock Option Scheme (ESOS 2025) subject to postal ballot, and reappointed MSKA & Associates as statutory auditors for another five-year term.
The GGG acquisition strengthens LT Foods' overseas distribution and brand presence in Europe and the UK, which could support revenue growth in coming years. The flat-ish FY25 profits and a modest Rs. 2 total dividend suggest steady but unspectacular performance, while the ESOP scheme may lead to some dilution but is aimed at retaining talent.