LT Foods revises postal ballot resolution to special for director appointment
LT Foods Limited issued a corrigendum on July 02, 2026, to correct a typographical error in its postal ballot notice dated June 17, 2026, regarding the appointment of Mr. Raj Kumar Jain as an Independent Director. The resolution type has been revised from an Ordinary Resolution to a Special Resolution, requiring a higher voting threshold for approval. This corrigendum was published in The Financial Express and Jansatta on July 04, 2026, and has been uploaded to the company's website and stock exchange portals.

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LT Foods Limited has corrected a typographical error in its postal ballot notice regarding the appointment of Mr. Raj Kumar Jain as an Independent Director. The company clarified that the resolution must be treated as a "Special Resolution" instead of an "Ordinary Resolution" as was inadvertently stated in the original notice dated June 17, 2026. This change impacts the voting threshold required for the approval of the director's appointment.
The corrigendum was issued on July 02, 2026, and was published in The Financial Express and Jansatta on July 04, 2026. The document is being circulated to all members of the company. LT Foods stated that the original notice was dispatched in compliance with the provisions of the Companies Act, 2013, and relevant rules, including circulars issued by the Ministry of Corporate Affairs and the Securities and Exchange Board of India. The document was sent to shareholders whose email IDs were registered with Depository Participants or the company as on the cut-off date.
Shareholders are advised to read the Postal Ballot Notice in conjunction with this corrigendum. The company emphasized that apart from the classification of the resolution, all other contents and information within the original notice remain unchanged. The corrigendum has been uploaded on the company's website and the relevant sections of the BSE Limited and National Stock Exchange of India Limited websites.
Key Details of the Corrigendum
| Detail | Description |
|---|---|
| Subject | Appointment of Mr. Raj Kumar Jain as Independent Director |
| DIN | 01741527 |
| Original Notice Date | June 17, 2026 |
| Correction | Resolution type changed from Ordinary to Special |
| Corrigendum Date | July 02, 2026 |
| Newspaper Publication Date | July 04, 2026 |
The appointment of Mr. Raj Kumar Jain is subject to the approval of the members through the postal ballot process. By reclassifying the resolution as a Special Resolution, the company ensures that the appointment requires a higher majority of votes, aligning with regulatory requirements for such appointments.
Historical Stock Returns for LT Foods
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -0.36% | -0.53% | -2.07% | +12.06% | -24.64% | +385.76% |
How might the increased voting threshold for a Special Resolution impact the likelihood of Mr. Raj Kumar Jain's approval?
What specific regulatory requirements necessitated the reclassification of this resolution as Special rather than Ordinary?
Will the delay in issuing the corrigendum affect the overall timeline for the finalization of the postal ballot results?


































