Pursuant to Regulation 30 of SEBI (LODR) Regulations, 2015, we wish to inform you that Company has entered into an agreement to acquire shares in Tobox Ventures Private Limited A detailed ....
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Leo Dryfruits & Spices Trading Limited has agreed to acquire equity shares in Tobox Ventures Private Limited, a Food-Tech company, in an off-market deal dated June 5, 2025. The company is buying 7,880 shares at ₹19,044.10 per share, for a total consideration of about ₹15 crore. Despite the high per-share price, the acquisition represents only a 0.03% stake in Tobox. The transaction is not a related party deal and does not require any additional regulatory approvals.
This is a small strategic investment aimed at downstream integration, giving Leo Dryfruits a potential channel to supply spices and food products to a Food-Tech platform. The minimal 0.03% stake suggests it is more of a partnership-style investment than a controlling acquisition, so material financial impact is unlikely in the near term.