Kameda Seika Co.,Ltd.
Notice Regarding Transfer of Equity-Method Affiliate (Share Transfer)
Transfer of all shares of equity-method affiliate KAMEDA LT FOODS (INDIA) PRIVATE LIMITED to LT FOODS Limited. After the transfer, KLT will be excluded from equity-method affiliate status. The board decided the transfer date as September 16, 2026, with execution planned for late October 2026. The impact on the consolidated results for the second quarter of the fiscal year ending March 2027 is expected to be minor.
Key Figures
- Number of transferred shares: 28,026,726 shares (before transfer)
- Shares owned after transfer: 0 shares
- Planned execution date: Late October 2026
AI要約
Background and decision
The Company, at its Board of Directors meeting, decided to transfer all shares of KAMEDA LT FOODS (INDIA) PRIVATE LIMITED (KLT), an equity-method affiliate, to LT FOODS Limited. As a result, KLT will be excluded from equity-method affiliate status. KLT was established in March 2017 and its main business is the manufacture and sale of rice crackers in India.
Key points of transfer and timing
The number of transferred shares is 28,026,726 (voting rights 49.0% held). After the transfer, 0 shares will remain (voting rights 0). The transferee is LT Foods Limited; the share transfer agreement was signed on the same day, with execution planned for late October 2026. The transfer value will be disclosed not, as it is below the consolidated net assets at the end of the previous fiscal year and due to confidentiality obligations.
Kameda Seika Co., Ltd.
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