LT Foods Limited has successfully concluded its postal ballot process with all five proposed resolutions receiving shareholder approval. The company announced the voting results on April 10, 2026, following the completion of remote e-voting that concluded on April 08, 2026.

Postal Ballot Process Overview

The postal ballot notice was issued on February 26, 2026, with the remote e-voting period commencing on March 10, 2026 at 09:00 AM (IST) and concluding on April 08, 2026 at 5:00 PM (IST). The company had 204,910 shareholders on the record date of March 06, 2026, who were entitled to participate in the voting process.

CS Debasis Dixit served as the scrutinizer for the postal ballot process, ensuring fair and transparent voting through the electronic platform provided by National Securities Depository Limited (NSDL).

Resolution-wise Voting Results

The five resolutions presented to shareholders covered key governance and operational matters:

Director Appointments and Re-appointments

The re-appointment of Mr. Abhiram Seth (DIN: 00176144) as an independent director received 78.15% approval, while Ms. Ambika Sharma's (DIN: 08201798) re-appointment garnered 83.11% support. The appointment of Ms. Rima Gupta (DIN: 00360408) as an independent director received overwhelming support with 99.99% approval. Mr. Ashok Kumar Arora's (DIN: 02259429) appointment as whole-time director was approved by 95.20% of voting shareholders.

Corporate Governance Resolution

The fifth resolution regarding the alteration of the object clause of the company's memorandum of association received exceptional support:

Shareholder Participation Analysis

The voting participation varied across different shareholder categories. Promoters and promoter group demonstrated strong participation with 87.95% of their shares being voted across all resolutions. Public institutional investors showed the highest participation rate at 93.56%, while public non-institutional investors participated at 33.02-33.03% across different resolutions.

The total number of shares eligible for voting stood at 347,252,944, with voting participation ranging from 251,955,460 to 251,968,160 shares across the five resolutions, representing approximately 72.56% overall participation.

Regulatory Compliance

The postal ballot process was conducted in compliance with Section 108 and 110 of the Companies Act, 2013, along with the Companies (Management and Administration) Rules, 2014, and Regulation 44 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company published the required advertisement on March 11, 2026, in Financial Express (English) and Jansatta (Hindi) newspapers.

All resolutions were deemed passed on the last date of e-voting, April 08, 2026, with the requisite majority achieved for each proposal. The voting results and scrutinizer's report have been made available on the company's website at www.ltfoods.com .

LT Foods Limited has submitted its quarterly compliance certificate under SEBI regulations for the quarter ended March 31, 2026. The filing demonstrates the company's adherence to regulatory requirements for securities dematerialization processes.

Regulatory Filing Details

The compliance certificate was filed on April 6, 2026, with both major stock exchanges. Company Secretary Monika Chawla Jaggia submitted the documentation to fulfill regulatory obligations under SEBI guidelines.

Registrar Confirmation

Bigshare Services Private Limited, serving as the company's registrar and share transfer agent, issued the compliance certificate on April 4, 2026. The certificate confirms proper handling of securities dematerialization processes during the quarter.

The registrar confirmed that securities received from depository participants for dematerialization were appropriately processed and confirmed to depositories. All security certificates received for dematerialization were mutilated and cancelled after due verification by depository participants.

Compliance Validation

The certificate validates several key compliance aspects:

• Securities comprised in certificates have been listed on stock exchanges where earlier issued securities are listed
• Names of depositories have been substituted in the register of members as registered owners
• All valid securities were processed within the mandatory 15-day timeline
• Technical issues were appropriately addressed during the verification process

Stock Exchange Submission

The compliance documentation was submitted to both BSE Limited and National Stock Exchange of India Limited. The filing ensures transparency in the company's securities handling processes and maintains regulatory compliance standards required for listed entities.