Company has received a significant order for supply of spices and dryfruits from EIH Limited for its units Trident Hotel, Oberoi Hotels & Resorts and Oberoi Flight Services, Mumbai. The ....
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Leo Dryfruits & Spices Trading has secured an order to supply spices and dry fruits to EIH Limited (parent of the Oberoi hotel chain) for its Trident Hotel, Oberoi Hotels & Resorts, and Oberoi Flight Services units in Mumbai. The contract is for one year, with rates already finalized and quantities to be determined through individual purchase orders. The company expects to receive orders totalling approximately ₹3 crore during the first twelve months from the contract's effective date. EIH Limited is a domestic entity, and the order is not a related party transaction. The company holds ISO 22000:2018 food safety and ISO 9001:2015 quality certifications.
This adds a reputed hospitality client (Oberoi group) to the company's order book, likely boosting near-term revenue and enhancing brand credibility, though the ₹3 crore size over a year appears modest relative to typical listed-company revenues. Sentiment is mildly positive for the stock on credibility grounds.