# LT Foods Acquires Kameda Seika Stake

> LT Foods buys Kameda Seika's 49% stake in India rice snack JV for Rs11.2m.
- Title: LT Foods Acquires Kameda Seika Stake · Yahoo Finance
- Summary: LT Foods buys Kameda Seika's 49% stake in India rice snack JV for Rs11.2m. LT Foods acquires full ownership of Kameda LT Foods (India) after buying Kameda…
- Keywords: lt foods, kameda seika, kameda lt foods, rice snacks, india, japan, joint venture, stock exchange, rs11.2m, turnover, business, finance
- Source: Yahoo Finance — https://finance.yahoo.com/markets/stocks/articles/india-lt-foods-buys-kameda-135846681.html
- Published: 2026-09-17T13:58:46+00:00
- Read time: 1 min
- Topics: lt foods, kameda seika, kameda lt foods, rice snacks, india, japan, joint venture, stock exchange, rs11.2m, turnover, business, finance
## LT Foods Acquires Stake
India's LT Foods is acquiring the remaining 49% stake in its rice-snacks joint venture with Japan's Kameda Seika.
## Deal Details
LT Foods agreed to buy Kameda Seika's entire holding for Rs11.2m ($117,026) in a stock-exchange filing on 16 September.
## Ownership Change
LT Foods' stake will rise from 51% to 100%, making the business a wholly owned subsidiary.
## Completion Timeline
The transaction is expected to be completed by 31 December, subject to legal requirements and regulatory filings.
## Kameda Seika's Statement
Kameda Seika said the share transfer will contribute to the growth of KLT and the group's medium- to long-term strategy.
## Financial Performance
The JV reported a net loss of Rs121.1m for the year ended 31 March, while net sales totaled Rs141m.
## Key takeaway

LT Foods acquires full ownership of Kameda LT Foods (India) after buying Kameda Seika's 49% stake for Rs11.2m ($117,026).