Leo Dryfruits Signs Exclusive Distribution Deal for Kinjal® Brand

Leo Dryfruits & Spices Trading Ltd has entered into an Exclusive Sales and Distribution Agreement with Vijay Ratilal Mehta HUF, operating under the brand name "Kinjal®". The agreement, effective August 11, 2026, grants Leo Dryfruits exclusive rights to procure, distribute, and sell specified ready-to-eat and packaged food products under the Kinjal® brand. It also includes provisions for the transfer/acquisition of ownership rights in the "Kinjal®" brand to Leo Dryfruits. This strategic move is expected to enhance the company's product portfolio, expand its market reach in the packaged and ready-to-eat food segments, and support future business growth. The agreement involves a royalty payment of 2% on net sales derived from the Kinjal® brand, with no additional financial obligations beyond specified terms. The transaction does not impact management control or constitute a related party transaction.