Nature of the Disclosure

Postal Ballot Notice issued by LT Foods Limited pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, seeking shareholder approval for the appointment of Mr. Raj Kumar Jain as an Independent Director.

Key Dates

  • Cut-off Date for Shareholder Eligibility: Friday, June 12, 2026
  • E-voting Commencement: Wednesday, June 17, 2026 at 09:00 AM IST
  • E-voting Conclusion: Thursday, July 16, 2026 at 05:00 PM IST
  • Result Declaration Date: Friday, July 17, 2026
  • Director Appointment Date: Effective from Thursday, May 14, 2026

Proposed Resolution Details

ITEM NO. 1: APPOINTMENT OF MR. RAJ KUMAR JAIN (DIN: 01741527) AS INDEPENDENT DIRECTOR

  • Resolution Type: Ordinary Resolution
  • Term: 5 consecutive years from May 14, 2026 to May 13, 2031
  • Remuneration: Sitting fees for Board/Committee meetings within limits prescribed under Companies Act, 2013
  • Board Approval: Appointed as Additional Director by Board on May 14, 2026 under Section 161 of Companies Act
  • Committee Appointments: Member of Nomination & Remuneration Committee, Risk Management Committee, Merger & Acquisition Committee; Chairman of Corporate Social Responsibility & ESG Committee

Director Profile and Qualifications

  • Date of First Appointment: May 14, 2026
  • Qualifications: Engineering Degree from Delhi College of Engineering; MBA from Kellogg School of Business
  • Experience: Over 40 years in retail, consumer goods, e-commerce, media, supply chain, and consulting
  • Current Positions: Managing Director of Clicktech Retail Private Limited; Founder of Bounce Inc. (consulting firm)
  • Previous Roles: CEO of The Times of India Group; led Walmart Inc.'s India entry; APAC Head – Marketing & Supply Chain at Whirlpool Corporation; MD & CEO of Whirlpool India Limited; 16 years with Hindustan Lever Limited
  • Areas of Expertise: Entrepreneurship, Leadership, M&A, Strategy, Investment Management, Business Transformation, Corporate Governance, Digital Skills, Stakeholder Engagement, Industry Knowledge

Current Directorships (as of Postal Ballot Notice date)

1. Independent Director - SRF Limited

2. Independent Director - JK Agri Genetics Limited

3. Independent Director - Relaxo Footwears Limited

4. Independent Director - J.K. Fenner (India) Limited

5. Independent Director - Network18 Media & Investments Limited

6. Managing Director - Clicktech Retail Private Limited

7. Director - New Trends Commerce Private Limited

8. Director - Sabhyata Foundation

Committee Memberships in Other Companies

  • SRF Limited: Audit Committee Member, Stakeholders Relationship Committee Chairman
  • Relaxo Footwears Limited: Audit Committee Member, Risk Management Committee Member
  • JK Agri Genetics Limited: Audit Committee Member, Nomination & Remuneration Committee Chairman, Stakeholder Relationship Committee Chairman
  • Network18 Media & Investments Limited: Audit Committee Member

Shareholding and Compliance

  • Shareholding in LT Foods: 526 Equity Shares as beneficial owner
  • Compliance Documents Submitted: DIR-2 consent form, DIR-8 disqualification declaration, independence declaration, SEBI non-debarment confirmation, data bank registration confirmation
  • No business relationship with the Company except as disclosed

Voting Arrangements

  • Scrutinizer: Mr. Debasis Dixit, Proprietor of M/s. D Dixit & Associates, Practicing Company Secretaries
  • E-voting Service Provider: National Securities Depository Limited (NSDL)
  • Registrar & Transfer Agent: Bigshare Services Pvt. Ltd
  • Voting Method: Remote e-voting only (no physical ballot forms)
  • Result Publication: Results will be displayed on company website (www.ltfoods.com), NSDL website (www.evoting.nsdl.com), and communicated to BSE and NSE

Document Availability

The Postal Ballot Notice is available on the company website (www.ltfoods.com), NSDL website (www.evoting.nsdl.com), and stock exchange websites (BSE and NSE).