Meeting Details

The 36th Annual General Meeting of LT Foods Limited was held on September 29, 2026, at 11:30 AM (IST) through Video Conferencing (VC) / Other Audio Visual Means (OAVM). The record date for determining shareholders entitled to vote was September 22, 2026, on which there were 184,738 shareholders on record.

Shareholder Participation

A total of 108 shareholders attended the meeting through Video Conferencing. This included 4 shareholders from the Promoters and Promoter Group category and 104 shareholders from the Public category.

Proposed Resolutions and Implications

Three ordinary resolutions were proposed for shareholder approval:

1. To receive, consider, and adopt: a) the Audited Standalone Financial Statements for the year ended March 31, 2026, with Reports of the Board of Directors and Auditors; and b) the Audited Consolidated Financial Statements for the year ended March 31, 2026, with the Report of the Auditors.

2. To declare a final dividend of ₹1 per equity share (face value ₹1 each) for FY2025-26 and to confirm the Interim Dividend of ₹2 per equity share already paid during the year.

3. To appoint Mr. Alrumaih Sulaiman Abdulrahman S (DIN: 09091328) as a Director, who retires by rotation and offers himself for re-appointment.

The promoter/promoter group was not interested in any of the resolutions.

Voting Process and Methods

Voting was conducted through remote e-voting and e-voting at the AGM. The remote e-voting period opened on Saturday, September 26, 2026, at 09:00 AM and closed on Monday, September 28, 2026, at 05:00 PM. The e-voting facility was provided by National Securities Depository Limited (NSDL). The scrutinizer confirmed that no shareholder voted both through remote e-voting and at the AGM.

Key Voting Outcomes

Resolution 1: Adoption of Financial Statements

  • Total votes cast: 251,483,440 shares (72.42% of outstanding shares)
  • Votes in favour: 251,483,077 shares (99.99% of votes polled)
  • Votes against: 363 shares (0.00% of votes polled)
  • Category-wise breakdown:
  • Promoters & Promoter Group: 155,150,261 shares voted (87.59% of held shares), 100% in favour.
  • Public-Institutions: 62,306,421 shares voted (91.61% of held shares), 100% in favour.
  • Public-Non Institutions: 34,026,758 shares voted (33.31% of held shares), 99.99% in favour (340,263,95 shares), 0.00% against (363 shares).

Resolution 2: Dividend Declaration

  • Total votes cast: 251,577,658 shares (72.44% of outstanding shares)
  • Votes in favour: 251,577,121 shares (99.99% of votes polled)
  • Votes against: 537 shares (0.00% of votes polled)
  • Category-wise breakdown:
  • Promoters & Promoter Group: 155,150,261 shares voted (87.59% of held shares), 100% in favour.
  • Public-Institutions: 62,400,649 shares voted (91.75% of held shares), 100% in favour.
  • Public-Non Institutions: 34,026,748 shares voted (33.31% of held shares), 99.99% in favour (34,026,211 shares), 0.00% against (537 shares).

Resolution 3: Director Re-appointment

  • Total votes cast: 251,572,525 shares (72.44% of outstanding shares)
  • Votes in favour: 236,012,926 shares (93.81% of votes polled)
  • Votes against: 15,559,599 shares (6.18% of votes polled)
  • Category-wise breakdown:
  • Promoters & Promoter Group: 155,150,261 shares voted (87.59% of held shares), 100% in favour.
  • Public-Institutions: 62,395,516 shares voted (91.75% of held shares), 75.06% in favour (46,836,882 shares), 24.94% against (15,558,634 shares).
  • Public-Non Institutions: 34,026,748 shares voted (33.31% of held shares), 99.99% in favour (34,025,783 shares), 0.00% against (965 shares).

Scrutinizer's Role and Findings

D Dixit & Associates, Company Secretaries (Scrutinizer), was appointed to scrutinize the e-voting process. The scrutinizer's report dated September 30, 2026, confirmed that the voting process was conducted fairly and transparently. The remote e-voting results were unblocked on September 29, 2026, after the AGM conclusion, in the presence of two independent witnesses. The scrutinizer verified that all votes were correctly recorded and reported via NSDL's system.

Scrutinizer's Detailed Vote Count

Resolution 1:
  • Votes in favour: 251,483,077 (99.9999% of valid votes)
  • Remote e-voting: 251,467,953 votes from 684 members
  • e-Voting at AGM: 15,124 votes from 5 members
  • Votes against: 363 (0.0001% of valid votes)
  • Remote e-voting: 363 votes from 28 members
  • e-Voting at AGM: 0 votes
  • Invalid votes: Nil
Resolution 2:
  • Votes in favour: 251,577,121 (99.9998% of valid votes)
  • Remote e-voting: 251,561,997 votes from 686 members
  • e-Voting at AGM: 15,124 votes from 5 members
  • Votes against: 537 (0.0002% of valid votes)
  • Remote e-voting: 537 votes from 28 members
  • e-Voting at AGM: 0 votes
  • Invalid votes: Nil
Resolution 3:
  • Votes in favour: 236,012,926 (93.8151% of valid votes)
  • Remote e-voting: 235,997,902 votes from 601 members
  • e-Voting at AGM: 15,024 votes from 4 members
  • Votes against: 15,559,599 (6.1849% of valid votes)
  • Remote e-voting: 15,559,499 votes from 116 members
  • e-Voting at AGM: 100 votes from 1 member
  • Invalid votes: Nil

The scrutinizer will retain all voting records until the Chairman approves and signs the AGM minutes, after which they will be handed over for safekeeping.

Compliance with Laws and Regulations

The company confirmed compliance with SEBI (LODR) Regulations, 2015, Section 108 of the Companies Act, 2013, and relevant rules. The meeting was conducted following MCA General Circulars No. 14/2020, 09/2024, 03/2025 and SEBI Circulars No. SEBI/HO/CFD/CMD1/CIR/P/2020/79 and SEBI/HO/CFD/CFD-PoD-2/P/CIR/2024/133.