We wish to inform you that the Company has entered into a Product Supply Agreement with Zepto Private Limited for the supply of various products manufactured and sold by the Company. Detailed ....
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 signed a Product Supply Agreement with Zepto Private Limited to supply spices, dry fruits and other food products through Zepto's quick commerce platform. The company expects to receive orders worth approximately ₹5 crores over the first twelve months, with actual quantum dependent on individual purchase orders issued from time to time. Pricing has been mutually agreed and the contract continues until terminated by either party. The deal marks the company's entry into the fast-growing quick commerce segment, expanding its distribution reach into urban and semi-urban markets.
This is a positive development as it opens a new high-growth sales channel with a leading quick commerce player, potentially boosting revenues and brand visibility. However, the ₹5 crore order size is modest and the actual revenue will depend on the pace of purchase orders, so near-term financial impact may be limited.