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LT Foods: Stock jumps after acquiring Hungary based Global Green Europe Kft. for €25 Million

LT Foods has acquired 100% stake in Hungary-based Global Green Europe Kft. for €25 million, expanding its canned food portfolio and strengthening presence in the European market.

Introduction

Leading FMCG company expands its European footprint by acquiring Hungary-based Global Green Europe Kft. for €25 million, entering the canned food segment and strengthening ready-to-eat and ready-to-heat product offerings.

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Share price movement of LT Foods

On October 14, 2025, LT Foods Ltd opened at ₹400.50, up 0.05% from its previous close of ₹400.30. The stock reached a high of ₹409.80 (2.39%) and a low of ₹397.00. By 4:00 PM, it traded at ₹407.55, a 1.81% increase, with a market cap of ₹14,152.29 crore.

LT Foods Acquires Hungary’s Global Green

LT Foods has signed an agreement to acquire 100% stake in Hungary-based Global Green Europe Kft. for an enterprise value of approximately €25 million. The acquisition strengthens its RTH and RTE segment.

The deal includes Global Green International (UK) Limited and Greenhouse Agrár Kft., with €6 million payable at closing and €1.8 million over two years through earn-out, subject to FDI approval in Hungary.

Global Green Europe Kft. has two manufacturing sites across 45 acres, serves over 30 European countries, employs 170+ staff, and has annual turnover of €40 million, enhancing LT Foods’ European market presence.

Ace investor holding in LT Foods

Mukul Mahavir Agrawal holds a 1.12% stake in LT Foods Ltd, owning 39,00,000 shares valued at ₹158.9 crore.

Stock performance of LT Foods for Period of 1 week, 6 months, and 1 year

LT Foods Ltd delivered a 2.58% return over the past week, gained 14.0% in the past six months, and rose 1.93% over the past year.

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Shareholding pattern of LT Foods

ParticularsJun 2025Mar 2025Dec 2024
Promoter51.00%51.00%51.00%
FII10.20%9.80%9.30%
DII7.20%6%6%
Public32%33%33.80%

About LT Foods

LT Foods Limited (NSE: LTFOODS) is a global FMCG company specializing in specialty rice and rice-based foods, offering flagship brands like DAAWAT® and Royal® across 80+ countries, with a focus on organic and sustainable products.

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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 going up today?

A: LT Foods Ltd share price is rising after acquiring 100% stake in Hungary-based Global Green Europe Kft. for €25 million.

Q: What does LT Foods Ltd specialize in?

A: LT Foods Ltd specializes in specialty rice, rice-based foods, and FMCG products, including organic and ready-to-eat offerings globally.

Q: How much stake does Mukul Mahavir Agrawal hold in LT Foods Ltd stock?

A: Mukul Mahavir Agrawal holds a 1.12% stake in LT Foods Ltd, owning 39,00,000 shares valued at ₹158.9 crore.

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