Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and in line with the above-referenced SEBI circular, we wish to inform you that ....
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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 Ltd has entered into a 5-year lease agreement with Mr. Narender Kumar Mehta for a ~18,000 sq ft factory premises in Tosham, Bhiwani, Haryana, effective from 6 February 2026 to 5 February 2031. The facility will be used for manufacturing, processing, packaging and storage of Desi Ghee and other permitted food products, marking the company's entry into a new product category beyond dryfruits and spices. Monthly rent is set at ₹2 lakh with a 5% annual escalation, no security deposit is required, and there is no lock-in period (either party can terminate with 90 days' notice). The transaction is not a related-party deal. The company states this aligns with its strategic objective to expand its footprint.
Mildly positive for shareholders — the company is diversifying into Desi Ghee manufacturing with a low-commitment, flexible lease (no deposit, short exit notice), keeping downside risk limited. However, the modest scale (~₹24 lakh annual rent) suggests this is an initial expansion step rather than a transformative move, so near-term stock impact is likely limited.