NSEGeneral Updates30 Sept 2026 · 30 Sept 2026, 02:27 pm
General Updates
LT Foods Limited · LTFOODS
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LT Foods Limited has announced the execution of a share purchase agreement for the acquisition of a controlling stake in Leev.nu B.V., Netherlands, a company engaged in the production of healthy plant-based snacking food products.
Analysis Scores
Earnings Impact2/10
Growth Catalyst6/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk2/10
Liquidity Impact8/10
Market Sentiment5/10
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Full Announcement
Intimation under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 in respect of Execution of Share Purchase Agreement for acquisition of controlling stake in Leev.nu B.V., Netherlands
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Ref-LTF/ SE/ 2026-27 Date: September 30, 2026
The Department of Corporate Relations The Secretary
BSE Limited National Stock Exchange of India Limited
Phiroze Jeejebhoy Towers, Exchange Plaza, 5th Floor, Plot No. C/1, G-Block
Dalal Street, Fort, Bandra-Kurla Complex
Mumbai – 400001 Bandra (E), Mumbai.
Ref. Code: 532783. Scrip ID: LTFOODS
Subject: Intimation under Regulation 30 of SEBI (Listing Obligations and Disclosure
Requirements) Regulations, 2015 in respect of Execution of Share Purchase Agreement for
acquisition of controlling stake in Leev.nu B.V., Netherlands
Dear Sir/Madam,
Pursuant to Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure
Requirements) Regulations, 2015 and SEBI Circular relating to continuous disclosure
requirements, we hereby inform that Nature Bio Foods B.V., Netherlands, a subsidiary of LT Foods
Limited, has entered into a Share Purchase Agreement for acquisition of additional equity shares
of Leev.nu B.V., Netherlands. Pursuant to the said acquisition, the shareholding of Nature Bio
Foods B.V. in Leev.nu B.V. will increase from 30.00% to 70.75%, resulting in acquisition of control
over Leev.nu B.V.
The details required under Regulation 30(6) read with Schedule III Part A, Para A(5) of the SEBI
Listing Regulations and the SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated
November 11, 2024, are enclosed as Annexure – A.
You are requested to kindly take the above information on record.
Thanking you.
Yours faithfully,
For LT Foods Limited
Monika Chawla Jaggia
Company Secretary
Membership No. F5150
Encl: a/a
Annexure-A
Sr. Particulars Details
1. Name of the target entity, details in brief such Leev.nu B.V., Netherlands
as size, turnover etc.
Turnover: EUR 6 million
2. Whether the acquisition would fall within
related party transaction(s)and whether the Save and except what is mentioned
promoter/ promoter group/ group companies above, the Promoters / promoter
have any interest in the entity being acquired? group / group companies are not
interested in the transaction.
If yes, nature of interest and details thereof
and whether the same is done at “arm’s
length”.
3. Industry to which the entity being acquired `Healthy plant-based snacking food
belongs products
4. Objects and effects of acquisition (including With this acquisition, Nature Bio
but not limited to, disclosure of reasons for Foods would acquire majority
acquisition of target entity, if its business is control of the company. It would
outside the main line of business of the listed provide Nature Bio Foods a
entity) diversified product portfolio, listed
on key Dutch retailers.
5. Brief details of any governmental or Not applicable
regulatory approvals required for the
acquisition.
6. Indicative time period for completion of the October 2026
acquisition.
7. Nature of consideration – whether cash Cash Consideration
consideration or share swap and details of the
same.
8. Cost of acquisition or the price at which the The acquisition has taken place at an
shares are acquired. Equity value of EUR 1.735 million
9. Percentage of shareholding/ control acquired 40.75% shares
and/ or number of shares acquired.
10. Brief background about the entity acquired in The company is in the business of
terms of products/line of business acquired, lentil-based crackers and cakes,
date of incorporation, history of last 3 years focusing on organic plant-based
turnover, country in which the acquired entity healthy snacking products. Turnover
has presence and any other significant of the company has remained stable
information (in brief). at c. EUR 6 million and has presence
in Benelux retail market.