LT Foods Stock Up 1.55% After Acquiring 49% JV Stake

LT Foods shares advanced on the Bombay Stock Exchange following the execution of a Share Purchase Agreement to acquire the remaining 49 percent equity stake in its joint venture. The company’s shareholding in Kameda LT Foods (India) will increase from 51 percent to 100 percent upon completion.

Key Trading Metrics

• Current price: Rs 423.45 a share
• Net change: up 6.45 points or 1.55 percent
• Previous close: Rs 417.00
• Volume traded: 7,355 shares
• Market capitalization: Rs 14,588.10 crore

Acquisition Specifics

• Acquisition target: Kameda Seika Co. 49 percent stake
• Consideration: Rs 1.12 crore
• Share count: 2,80,26,726 equity shares
• Completion deadline: December 31, 2026

The transaction involves the purchase of 2,80,26,726 equity shares for a total cost of Rs 1.12 crore. Kameda LT Foods (India) will transition into a wholly owned subsidiary of the company once the acquisition is finalized.

Valuation and Holding Structure

• 52-week high: Rs 490.65 on 24-Aug-2026
• 52-week low: Rs 332.25 on 20-Jan-2026
• Promoter holding: 51.01 percent
• Institutional holding: 19.05 percent
• Non-institutional holding: 29.95 percent

The stock opened the session at Rs 418.85, touching an intraday high of Rs 423.45 and a low of Rs 416.65. Over the preceding week, the group ‘A’ equity recorded a high of Rs 440.00 and a low of Rs 408.70.