date:Jun 06, 2012
Gurgaon based LT Foods is a diversified agri and foods company dealing in varied businesses such asorganic foods, grain storage, staple foods and healthy snacks market with sales of US$280m.
But is has mounting debt levels that has led it to selling 53.67% of its investment arm, Future Capital Holdings, to US-based private equity Warburg Pincus, according to theTimes of India.
LT Foods, maker of Dawaat basmati rice, will utilise the integrated food parks facilities that are being developed byF