LT Foods AGM 2026: FY26 accounts, ₹3/share dividend

AGM held via VC/OAVM under MCA framework

LT Foods Limited conducted its 36th Annual General Meeting (AGM) on September 29, 2026 through video conferencing and other audio-visual means (VC/OAVM). The company said the format followed the Ministry of Corporate Affairs (MCA) guidelines for virtual shareholder meetings. The VC/OAVM platform for the meeting was provided by NSDL. The AGM agenda focused on statutory items, including the adoption of audited financial statements for the year ended March 31, 2026, and dividend approval. The company also outlined how shareholders could participate and vote electronically.

Meeting duration, quorum and participation process

The AGM started at 11:30 a.m. IST and concluded at 12:06 p.m. IST, including the time allotted for electronic voting during the session. LT Foods confirmed that the requisite quorum was present. The chair introduced the full board and key executives to shareholders attending virtually. The company also explained the procedure for shareholder participation during the meeting and the steps to vote on resolutions. Voting by show of hands was not permitted in the virtual format. Shareholders who had not used remote e-voting were allowed to vote electronically during the meeting.

FY26 audited financial statements adopted

Shareholders adopted the audited standalone and consolidated financial statements for the fiscal year ended March 31, 2026. The company’s AGM proceedings noted that these audited statements were adopted without qualifications. Adoption of audited accounts is a standard statutory step, but it is closely tracked because it confirms the formal closure of the financial year’s reporting cycle. It also provides shareholders the basis for dividend decisions and other governance actions placed before them. LT Foods included this as an ordinary business item at the AGM.

Dividend: ₹1 final dividend, total ₹3 for FY26

At the AGM, LT Foods declared a final dividend of ₹1 per equity share for FY26. The company also confirmed the interim dividend of ₹2 per equity share that had already been declared and paid during the same financial year. Together, the total dividend payout for FY26 amounts to ₹3 per share. The AGM notice referenced the equity share face value of ₹1 while discussing the dividend proposal. Dividend approvals are typically watched by investors for signals on cash returns, particularly when combined with audited results adoption.

Ordinary business items placed for shareholder approval

LT Foods listed the key ordinary business items transacted at the meeting. These included the adoption of audited standalone and consolidated financial statements, dividend declaration and confirmation, and director re-appointment by rotation. One of the items was the re-appointment of Alrumaih Sulaiman Abdulrahman S as Director retiring by rotation. The company treated these as ordinary resolutions. The focus remained on completing the statutory agenda items within the virtual AGM framework.

Remote e-voting window and voting rules

Remote e-voting facilities were provided from September 26, 2026 to September 28, 2026. LT Foods said members who attended the virtual AGM and had not voted remotely were given the facility to cast their votes electronically during the session. This structure aligns with the VC/OAVM format, where electronic voting replaces physical voting methods. The company explicitly stated that voting by show of hands was not permitted. For shareholders, the key operational point is that participation and voting were fully electronic, either before the meeting through remote e-voting or during the meeting through the e-voting window.

Disclosures around AGM notice and annual report dispatch

LT Foods confirmed the dispatch of the AGM notice and the e-voting information along with the Annual Report for FY 2025-26. The company also stated that the notice was published in Financial Express and Jansatta on September 8, 2026. Separately, the company’s disclosures referenced the Notice of the 36th AGM and the Integrated Annual Report for FY 2025-26. These steps are part of the compliance trail that supports shareholder access to meeting materials and voting instructions.

Key dates: meeting, voting and publications

The timeline around the AGM provides a clear view of how the company structured the event. The meeting date and time were fixed for September 29, 2026 at 11:30 a.m. IST, with the meeting concluding at 12:06 p.m. IST. Remote e-voting was opened for three days ahead of the meeting. The newspaper publication date provides an additional public record of the AGM convening information.

Market impact: what the resolutions change for investors

The AGM outcomes formalise two investor-relevant items: adoption of FY26 audited results and confirmation of the FY26 dividend payout. The dividend decisions set the total FY26 payout at ₹3 per share, split between an interim dividend already paid (₹2) and the final dividend approved at the AGM (₹1). The adoption of audited standalone and consolidated financial statements without qualifications is also a governance signal because it indicates the annual accounts were approved as presented. For shareholders, the other practical outcome is the clarity on the voting process, with remote e-voting and in-meeting e-voting replacing physical voting mechanisms.

Why the AGM process matters in a VC/OAVM format

LT Foods’ 36th AGM is an example of how Indian listed companies continue to run shareholder meetings through VC/OAVM under MCA guidelines, supported by service providers such as NSDL. The company’s stated approach included quorum confirmation, board introduction, and formal procedures to ensure shareholders could participate and vote. The prohibition of show-of-hands voting, combined with remote and in-meeting e-voting, underlines how the resolution approval process is designed to be fully electronic. For retail shareholders, the company’s reminder to register email addresses to access electronic documents and participate in remote e-voting is operationally important.

Conclusion

LT Foods’ 36th AGM on September 29, 2026 approved the audited standalone and consolidated financial statements for FY26 and cleared a final dividend of ₹1 per share, taking the FY26 total dividend to ₹3 per share including the already-paid interim dividend. The meeting was held via VC/OAVM using NSDL’s platform and followed a structured e-voting process, with remote e-voting available from September 26 to September 28, 2026 and electronic voting during the session for those who had not voted earlier. The company’s AGM disclosures also referenced the dispatch of the annual report and the publication of the AGM notice in newspapers. Further shareholder updates, if any, would typically follow through formal exchange announcements tied to AGM outcomes and dividend-related processes.