Stock Crash: This stock suddenly fell sharply, down by -10%, the news came from America:

News Topical, Digital Desk : The stock has fallen by -5 percent from January to June. At the same time, the stock has fallen by -11 percent in a week. The stock has increased by 50 percent in one year. The stock has increased by 440 percent in three years. But on 23 June 2025, the stock has fallen sharply. The stock opened at Rs 420 on 23 June 2025 against the closing price of Rs 432.85. After this the stock fell by 10%. It was told on the exchange that the US has given preliminary notice to Ecopure Specialties Limited, a subsidiary of LT Foods, to impose a heavy 340% countervailing duty (CVD) on the export of organic soybean meal.

This duty is considered applicable on sales from January to December 2023 and its total amount is said to be around ₹ 50 crores. However, the company does not see any major impact on it.

1. America imposed 340% duty:- Ecopure Specialties Limited, which is a fellow-subsidiary of LT Foods, has been informed by the US Department of Commerce of imposing a heavy duty of 340% on the sale of organic soy meal.

2. Impact on January-December 2023 sales:- This duty will be applicable on sales made last year i.e. between January 2023 to December 2023. Its total estimated amount is said to be ₹ 50 crores.

3. Company received notice, final decision pending:- This is just a preliminary notice right now. LT Foods has said that this is not a final decision and the company will go into the review process on it.

4. Strong legal position:- Ecopure Specialties is confident of its legal position and the company will challenge this duty through Administrative Review in the US.

5. Will not impact future earnings:- LT Foods has said that at present it does not see any material impact on future earnings or cash flow due to this duty.

6. Message of confidence for investors:- The company has made it clear to the stock exchange that it is looking at this issue seriously and is working towards finding a solution to it through legal means.

7. Information given to the stock market:- This update has been given to BSE and NSE under SEBI's listing regulations and the company has requested investors to keep it on record. Overall- Although this duty of America is shocking, LT Foods is ready to challenge it legally and the company does not see any significant impact on its basic business performance. This can be a matter of relief for investors at the moment.