Pursuant to Regulation 30 of SEBI (LODR) Regulations, 2015, we wish to inform you that the Board of Directors of Company at its meeting held on October 7, 2025 has approved the proposed ....
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The Board of Directors of Leo Dryfruits & Spices Trading Ltd approved the purchase of four commercial units (Units 311–314) on the 3rd floor of 'Prem Gopal' in Jogeshwari East, Mumbai, from M/s Prem Builders. Each unit is 518 sq. ft., giving a total area of 2,072 sq. ft. The purchase price is Rs 1.05 crore per unit, taking the base consideration to around Rs 4.2 crore, plus GST, stamp duty and registration charges. The units will be used for storage and packing of 35–50 gram SKUs, including namkeen products. The transaction is not a related-party deal and was approved at the Board meeting held on October 7, 2025.
This is a modest capacity-expansion move aimed at strengthening the company's storage and packaging infrastructure for its smaller-pack products. For shareholders, it signals incremental capex of roughly Rs 4–5 crore (including duties) tied directly to operational growth rather than unrelated diversification.