MAM
LT Foods names K Ganapathy Subramaniam as marketing head
Mumbai: Consumer food company LT Foods has announced the appointment of K Ganapathy Subramaniam as head of marketing. He will be responsible for developing and implementing branding and marketing strategies to strengthen LT Foods’ brands in India, the company said.
Subramaniam brings with him a diverse experience of over 17 years across FMCG categories. He has a master’s in business administration from IMT Ghaziabad. Prior to this, he was associated with Dabur India as DGM – innovation. At Dabur India, he was responsible for spearheading innovation to ensure a steady pipeline of new products for the company’s business growth across categories of interest. He led the launch of Dabur Sanitise Range of personal and household sanitising products, the company’s foray into staples, and the launch of Dabur Vatika Face wash.
At LT Foods, Subramaniam will anchor the marketing function by providing strategic leadership across all aspects of marketing including brand equity and portfolio management, innovation and new product development, and media and communication along with route to market programs. His key strengths lie in handling portfolios of complexity and scale, launching new products with a sharp focus on consumers, and introducing processes to deliver marketing excellence, said the statement.
“We are happy to have onboard Subramaniam as head of marketing. As LT Foods continues to strengthen & diversify its food products offerings in the Indian market, we look forward to gaining immensely from his rich experience in the FMCG domain,” said MD and CEO LT Foods Ashwani Kumar Arora. “His addition to the LT Foods family shall be valuable in taking forward our growth & innovation mindset. It will help in setting new benchmarks in delighting our consumers.”
“I am thrilled to join the LT Foods team at this exciting time when the organisation is scaling up its innovation & band marketing initiatives. I look forward to adding further momentum and resilience to the marketing function at LT Foods,” added Subramaniam.
Brands
Jubilant FoodWorks faces Rs 47.5 crore GST demand, plans appeal
Tax authorities flag alleged misclassification of restaurant services
MUMBAI:Â Jubilant FoodWorks Limited has landed in a tax tussle after receiving a GST demand of Rs 47.5 crore from the office of the additional commissioner of CGST and central excise in Thane, Maharashtra.
The order, issued under the provisions of the Central Goods and Services Tax Act, 2017, relates to an alleged incorrect classification of certain services under the category of restaurant services. According to the tax authorities, this classification resulted in a short payment of goods and services tax for the period between the financial years 2019-20 and 2021-22.
The demand includes Rs 47.5 crore in GST along with an equal amount as penalty, in addition to applicable interest. The order was received by the company on March 13, 2026.
In a regulatory filing to the BSE Limited and the National Stock Exchange of India Limited, the company said it disagrees with the order and believes its arguments were not adequately considered.
The company is preparing to challenge the decision and plans to file an appeal. It added that once the redressal process is complete, the demand is likely to be dropped.
Despite the sizeable figure attached to the notice, the company said it does not expect any material impact on its financials, operations or other activities.
The disclosure was signed by Suman Hegde, EVP and chief financial officer, who confirmed that the company received the order at 19:06 IST on March 13 and has already initiated steps to contest it.
The development places the quick service restaurant major in the middle of a tax debate that could hinge on how certain restaurant-linked services are classified under GST rules. For now, the company appears ready to take the matter from the tax office to the appeals desk.
