LT Foods Limited has been assigned an ESG Rating of Crisil ESG 61 by Crisil ESG Ratings & Analytics Limited for FY26. This rating places the company in the strong performance category based on its Environmental, Social, and Governance parameters.

The assignment was disclosed in a filing to BSE and NSE on October 15, 2026, pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company secretary confirmed that the information was received from the rating agency.

What the Numbers Show

The Crisil ESG 61 score indicates a robust standing in sustainability metrics. By categorizing the company under "strong performance," the rating agency highlights LT Foods' effective management of non-financial risks and opportunities, which is increasingly critical for institutional investors assessing long-term viability.

LT Foods Limited held its 36th Annual General Meeting on September 29, 2026, adopting audited financial statements and declaring a final dividend of ₹1 per equity share for FY26. This payout complements the interim dividend of ₹2 per share already paid, bringing the total annual dividend to ₹3 per share.

While financial resolutions passed with overwhelming majority, the re-appointment of Mr. Alrumaih Sulaiman Abdulrahman S as a director retiring by rotation witnessed notable dissent. Institutional investors cast 15,558,634 votes against his re-appointment, accounting for 24.94% of the institutional votes polled, though the resolution ultimately passed with 93.81% overall support.

Meeting Proceedings and Attendance

The meeting commenced at 11:30 am and concluded at 12:06 pm, chaired by Vijay Kumar Arora, Chairman and Managing Director. Key directors present included Ashwani Kumar Arora (Managing Director and CEO), Surinder Kumar Arora (Managing Director), and Ashok Kumar Arora (Whole Time Director). Independent Directors Abhiram Seth, Ambika Sharma, Raju Lal, Rima Gupta, and Raj Jain also attended.

Sachin Gupta, Chief Financial Officer, was present, while Ms. Monika Chawla Jaggia, Company Secretary and Compliance Officer, managed proceedings and confirmed quorum. The meeting was held via Video Conferencing and Other Audio Visual Means.

Voting Results and Scrutinizer's Report

Remote e-voting facilities were provided from September 26, 2026, to September 28, 2026. The consolidated scrutinizer's report submitted by D Dixit & Associates details the voting patterns for each resolution:

What the Numbers Show

The voting data reveals a divergence in shareholder sentiment between routine financial approvals and governance matters. While the adoption of financial statements and dividend declarations saw negligible opposition (0.01% or less), the re-appointment of Mr. Alrumaih faced significant pushback from institutional investors. Institutions voted 75.06% in favour and 24.94% against this specific resolution, contrasting sharply with their unanimous support for the financial items. Non-institutional public shareholders largely supported all resolutions, with opposition not exceeding 0.01% in any category.

Compliance and Administrative Details

Statutory Registers and documents referred to in the AGM notice were made available for inspection upon request. Since the meeting was held virtually, the appointment of proxies was not applicable. Questions raised by registered speakers were addressed by the management, while remaining queries sent via email will be answered within 15 days.

The auditors' reports and secretarial audit report for the year ended March 31, 2026, contained no qualifications, reservations, or adverse remarks. Consequently, these reports were taken as read during the meeting. The scrutinizer confirmed that no invalid votes were recorded for any resolution.