LT Foods revises postal ballot resolution to special for director appointment

1 min read     Updated on 06 Jul 2026, 11:08 AM
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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 Day5 Days1 Month6 Months1 Year5 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?

LT Foods launches 5th World Biryani Day with Shah Rukh Khan

1 min read     Updated on 30 Jun 2026, 04:50 AM
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LT Foods launched the fifth edition of its DAAWAT World Biryani Day campaign, featuring a personalised video experience with actor Shah Rukh Khan. The event, celebrated on the first Sunday of July, is a registered IP of the company and allows users to upload photos to generate a video with the actor. The company reported a consolidated revenue of Rs. 11,023 crore in FY’26.

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LT Foods has launched the fifth edition of its DAAWAT World Biryani Day campaign, featuring a personalised video experience with actor Shah Rukh Khan. Celebrated on the first Sunday of July, the event is a registered Intellectual Property (IP) of the company and aims to blend technology, entertainment, and food. This year’s campaign allows biryani lovers to upload their photos on a dedicated microsite to generate a video where they appear alongside the actor, creating an immersive brand experience.

The campaign, titled “DAAWAT World Biryani Day Returns — Starring You and Shah Rukh Khan,” seeks to engage consumers by offering a chance to feature in a personalised advertisement. The initiative is part of the company's broader marketing strategy to strengthen its connection with biryani enthusiasts globally. The company has instituted this occasion annually since 2022 to celebrate the universal appeal of the dish.

Ritesh Arora, CEO – India Business & Far East, LT Foods Ltd., stated that the day has evolved into a cultural moment owned by biryani lovers globally. He added that this year’s campaign brings together food, technology, and entertainment to create moments for consumers to cherish. Ritesh Sud, Chief Marketing Officer – India & Far East, highlighted that the campaign aims to make the celebration personal and immersive by allowing fans to share their love for biryani alongside the actor.

LT Foods Ltd. is a global FMCG company in the consumer food space, operating for over 70 years. The company delivers products in more than 85 countries, including India, the U.S., U.K., Europe, the Middle East, and the Far East. Its flagship brands include DAAWAT and Royal.

The company follows an integrated “Farm to Fork” approach with global supply chain hubs and processing units in India, the U.S., and Europe. It manages a distribution network with over 1400 distributors worldwide. As of FY’26, the company reported a consolidated revenue of around Rs. 11,023 crore.

Financial Metric Value
Consolidated Revenue (FY’26) Rs. 11,023 crore
Global Presence 85+ countries
Distributors 1400+

Historical Stock Returns for LT Foods

1 Day5 Days1 Month6 Months1 Year5 Years
-0.36%-0.53%-2.07%+12.06%-24.64%+385.76%

How will the integration of AI-driven personalized video experiences in this campaign influence LT Foods' future digital marketing strategies?

What impact is this global celebrity-led campaign expected to have on LT Foods' market share in key international regions like the U.S. and Europe?

Could the success of 'World Biryani Day' as a registered IP lead to the creation of similar proprietary cultural events for other brands in the company's portfolio?

More News on LT Foods

1 Year Returns:-24.64%