LT Foods Limited
Bandhan Mutual Fund increased its stake in LT Foods from 5.29% to 5.88% by purchasing 2,059,002 shares. The transaction is valued at ₹78.89 crore at a share price of ₹382.95.
A leading global FMCG company specializing in specialty rice and rice-based food products, this Indian company has established a strong presence across multiple markets over seven decades. Operating as a vertically integrated player in the food and consumer goods sector, it focuses on premium rice varieties and value-added rice products for both domestic and international consumers. The company's distinctive strength lies in its deep expertise in rice processing and its established distribution network spanning key global markets.
Formerly IDFC Mutual Fund, rebranded after Bandhan Financial Holdings acquired IDFC's AMC in 2023. Manages over Rs 1.5 lakh crore. Known for strong debt and liquid funds, plus well-regarded equity offerings including the IDFC-lineage Sterling Value Fund and Focused Equity Fund. One of the cleaner transitions in Indian AMC ownership history.