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LT Foods incorporates step-down subsidiary company

16 Jan 2025 Evaluate

LT Foods has incorporated a Step-Down subsidiary company of the company which will be the wholly owned subsidiary of LT Foods Holdings ME (Subsidiary of LT Foods) in the name of ‘LT Foods Middle East LLC’. The object of incorporation of subsidiary company is to expand and strengthen its presence in Middle East.

LT Foods is a branded specialty foods company. It is engaged in milling, processing and marketing of branded and non-branded basmati rice, and manufacturing of rice food products in the domestic and overseas market.


Peers
Company Name CMP
Nestle India 1353.10
Varun Beverages 421.80
Britannia Industries 5016.00
LT Foods 422.75
Hatsun Agro Product 1139.40
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