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LT Foods inks pact to acquire remaining 49% stake in Kameda LT Foods (India)
Sep-16-2026

LT Foods has entered into a Share Purchase Agreement (SPA) with Kameda Seika Co., for the acquisition of its entire 49% equity stake in Kameda LT Foods (India) (KLT), an existing joint venture of the company. Upon completion of the proposed transaction, the company's shareholding in KLT will increase from 51% to 100% and KLT will become a wholly owned subsidiary of the Company. The acquisition is pursuant to the execution of the Share Purchase Agreement on September 16, 2026 which envisages the proposed sale by Kameda Seika Co., of its entire 49% equity stake in KLT to the company.

The cost of acquisition is Rs 1.12 crore for the proposed acquisition of 2,80,26,726 equity shares representing 49% of the equity share capital of Kameda LT Foods (India). The acquisition is to be completed by December 31, 2026.

LT Foods is a leading rice-based food Company with strong global brands of basmati and other specialty rice, organic foods and rice-based convenience products.


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