LT Foods moves up 7% after setting up fully owned subsidiary in Dubai
News by Aliceblue News Desk
23 Feb 2026
Introduction
Leading food company incorporates a wholly owned subsidiary in Dubai, UAE, under License No. 1601550 to strengthen international operations and expand its global business presence.
Also Read: ADF Foods gains on inking 25-year PPA for clean energy with 2 MW hybrid power deal in Gujarat
Share price movement of LT Foods
On February 23, 2026, LT Foods Ltd opened at ₹421.00, up 2.03% from its previous close of ₹412.60. The stock reached a high of ₹442.65 (7.28%) and a low of ₹416.50. By 4:00 PM, it traded at ₹416.50, a 0.95% increase, with a market cap of ₹14,463.09 crore.
LT Foods Incorporates Dubai Subsidiary
LT Foods Limited has incorporated a wholly owned subsidiary, LTF Global Investments L.L.C., in Dubai, UAE. The subsidiary was registered under License No. 1601550 on February 19, 2026.
The new subsidiary aims to expand LT Foods Limited’s international presence. The company communicated the incorporation to stock exchanges under SEBI Listing Regulations for regulatory record and compliance.
Stock performance of LT Foods for period of 1 week, 6 months, and 1 year
LT Foods Ltd delivered a -2.85% return over the past week, declined 5.30% in the past 6 months, and gained 10.1% over the past 1 year.
Also Read: TCS and Cisco join forces to drive autonomous operations across global enterprise
Shareholding pattern of LT Foods
| Particulars | Dec 2025 | Sep 2025 | Jun 2025 |
| Promoter | 51.00% | 51% | 51% |
| FII | 8.90% | 10.10% | 10.20% |
| DII | 9.60% | 8.30% | 7.20% |
| Public | 30.40% | 30.50% | 31.60% |
About LT Foods
LT Foods Ltd (NSE: LTFOODS) is a global FMCG company specializing in rice and rice-based foods, with over 70 years of experience serving international and domestic markets.
Stay Ahead with the Latest Stock Market Updates – Click Here
Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.
FAQs
Q: Why is LT Foods Ltd share price rising today?
A: LT Foods Limited incorporates wholly owned subsidiary LTF Global Investments L.L.C. in Dubai, UAE, under License No. 1601550 to expand international presence.
Q: What is LT Foods Ltd’s main business focus?
A: LT Foods Ltd focuses on food and consumer goods, specializing in rice and rice-based products for domestic and international markets.
Q: What are the 52-week high and low of LT Foods Ltd stock?
A: LT Foods Ltd stock has a 52-week high of ₹518.35 and a 52-week low of ₹290.05.
News Author
Aliceblue News Desk
