Pursuant to Regulation 30 of SEBI (LODR) Regulation, 2015, we wish to inform you that Company has entered into a Leave & License Agreement with Mr. Malay Dikshit for taking on lease basis ....
Price
▲ 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 leased a new manufacturing unit in MIDC Mahape, Navi Mumbai, through an 11-month Leave & License Agreement starting August 1, 2025 and ending June 30, 2026, with a 6-month lock-in. The company will pay Rs 3.75 lakh per month in license fees along with a Rs 18.75 lakh interest-free refundable deposit. The facility includes a 400 sq. mtr. plot with a 595 sq. mtr. built-up factory area, which will be used to manufacture namkeen, farsan, dry fruits, spices, and other food products. The landlord, Mr. Malay Dikshit, is confirmed as not being a related party. The move is described as part of the company's strategy to expand its operational footprint.
This signals entry into in-house manufacturing capacity, which could support future revenue growth, but the 11-month short-term lease and modest size suggest a cautious, pilot-style expansion. Near-term impact on the stock is likely limited; longer-term upside depends on how effectively the new unit ramps up production.