LT Foods Q1 Results: Profit rises 44% YoY to Rs 137 croreLT Foods, the consumer food company, witnessed a 44% rise in consolidated net profit to INR 137.44 crore ($18.5m) in Q1 FY2022 due to bette...
CCI approves SALIC International's stake purchase in LT FoodsCCI has approved acquisition of certain equity share capital of LT Foods Ltd by SALIC International Investment Corporation, according to an...
Saudi Arabia's SALIC acquires 9.2% stake in LT Foods"In addition, SALIC will acquire 1.33 per cent equity stake through a secondary share purchase from the Promoters Group. Post completion of...
Saudi Arabia's SALIC acquires 9.2% stake in LT Foods"In addition, SALIC will acquire a 1.33 per cent equity stake through a secondary share purchase from the Promoters Group. Post completion ...
LT Foods raises Rs 390 cr by selling shares to SALIC through preferential allotmentThe preferential issuance of 27,408,164 equity shares is equivalent to 7.89 per cent equity stake in LT Foods, at Rs 142.23 per share to SA...
LT Foods to step up investments on new product developmentLT Foods expects to spend 4% of branded sales on marketing which is 75% of its total revenue. A report by RedSeer forecasted the ready-to-c...
LT Foods appoints Amit Mehta as the Head of Convenience and Health Food BusinessA release issued by the company said that Mr Mehta is a persuasive and an influential leader with more than two decades of experience in dr...
Saudi Arabia’s Salic to step up India agri investmentsSalic, wholly-owned by Public Investment Fund, will invest in agricultural projects and livestock production by partnering with governments...
LT Foods to scale up organics range; to leverage mega health trends that have emerged in the pandemic“India is moving towards mega trends of fitness with consumers embracing healthy lifestyle and mindful eating. Consumers are now concerned ...
How Daawat transformed rice from a commodity into one of the top basmati brandsFrom first rice brand to go on television to the first in the segment to rope in celebrities such as chef Sanjeev Kapoor and megastar Amita...
LT Foods to invest $20 mn for branding, expansion in EuropeThe company is extensively working on expanding its geographical footprints and product portfolio in these markets and plans to invest USD ...
LT Foods forms joint venture with Japanese snack maker Kameda Seika"The JV will leverage LT Foods’ distribution and logistics network and Kameda has proprietary manufacturing capabilities of rice-based snac...
Acquiring HUL's rice business will firm position in mid-east: LT FoodsThe company, which sell basmati rice under Daawat brand, has entered into an agreement to acquire the HUL's branded rice business.
LT Foods shares climb 6% on rice business deal with Hindustan UnileverThe stock of LT Foods surged 6.04 per cent to settle at Rs 236.90 on BSE. Intra-day, it zoomed 16.29 per cent to Rs 259.80.
Aditya and I bonded over food in 'Daawat-e-Ishq': Parineeti Chopra"I am a foodie of another level. After working with Adi in this film I realised that it is only him who can compete with me when it comes t...
- Buy LT Foods for Rs 75 target: Devang Visaria
- LT Overseas acquires US rice firm Kusha
In the first of its kind acquisition of a foreign foods firm by an Indian company, LT Overseas - which owns the ‘Daawat’ brand of basmati r...