LT Foods incorporates new subsidiary LT Foundation

The wholly-owned subsidiary will carry out Corporate Social Responsibility activities of the company.

Jun 09, 2021 04:06 IST India Infoline News Service

LT Foods
LT Foods Limited has incorporated a wholly-owned subsidiary LT Foundation, a Section-8 Company under Companies Act, 2013 on June 8, 2021, which will be used as Implementing Agency as prescribed by the Ministry of Corporate Affairs for its Corporate Social Responsibility(CSR) activities.

The company has incorporated the new subsidiary with initial subscribed capital of Rs1 lakh.

L T Foods Ltd trade on Wednesday ended at Rs76.25 per piece down by Rs0.3 or 0.39% from its previous closing of Rs76.55 per piece on the BSE.

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