Pursuant to Regulation 30 of SEBI (LODR) Regulations, 2015, we wish to inform that the Company has entered into Leave & License Agreement with M/s Amson Tek Pvt Ltd for acquiring the premises ....
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Leo Dryfruits & Spices Trading Ltd has informed the stock exchanges that it has entered into a Leave & License Agreement with M/s Amson Tek Pvt Ltd to acquire premises for the company. The disclosure is being made under Regulation 30 of the SEBI Listing Obligations and Disclosure Requirements (LODR) Regulations, 2015. No financial details about the deal value, duration, or area of the premises have been disclosed in the headline. The other party, Amson Tek Pvt Ltd, is a private limited company unrelated to the food trading business of the listed entity.
This is a routine operational/property-related disclosure and is unlikely to have any material impact on the stock price or shareholder value. Investors should wait for further details on the cost and purpose of the premises to assess any strategic significance.