Leo Dryfruits & Spices Trading Ltd

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.

Leo Dryfruits & Spices Trading Ltd has announced an Extraordinary General Meeting (EGM) scheduled for September 4, 2026, to approve the preferential issuance of up to 70,00,000 Fully Convertible Warrants. These warrants are convertible into equity shares at a price of ₹55 per warrant, with a total issue size of up to ₹38.50 crore. The proposed allottees include promoters Kaushik Sobhagchand Shah and Ketan Sobhagchand Shah, along with non-promoters Shree Ram Realities Public and Jignesh Jaswantrai Mehta. The company is also providing a remote e-voting facility for its members through NSDL, with voting commencing on September 1, 2026, and concluding on September 3, 2026. The cut-off date for determining voting eligibility is August 28, 2026.

Leo Dryfruits & Spices Trading Limited's Board of Directors has approved a preferential issue of up to 70,00,000 Fully Convertible Warrants. The issue aims to raise up to ₹38.50 crore at an issue price of ₹55 per warrant. Each warrant is convertible into one equity share of face value ₹10. The warrants are to be allotted to proposed individuals and entities, including promoters and public non-promoters. An Extraordinary General Meeting will be convened to seek shareholder approval for this fund-raising exercise. The meeting of the Board of Directors was held on August 8, 2026, and concluded within a short duration.

Leo Dryfruits & Spices Trading Ltd has announced a Board of Directors meeting scheduled for August 8, 2026. The primary agenda is to consider and approve proposals for raising funds through various means, including equity shares, preference shares, convertible securities, debt instruments, rights issues, preferential issues, private placements, and QIPs. The board will also discuss ancillary matters related to fund raising, such as terms, pricing, and timing. Additionally, the trading window for designated persons will be closed until 48 hours after the meeting's outcome is disclosed.

Niraj Shah and Ami Niraj Shah have submitted a disclosure under SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011, regarding the acquisition and sale of shares in Leo Dryfruits & Spices Trading Ltd. The filing details their shareholding changes. The exact quantum of shares acquired or sold is not specified in the provided extract, but the disclosure is made as per regulatory requirements concerning substantial shareholding changes.

Leo Dryfruits & Spices Trading Ltd has received a Letter of Empanelment from Indian Railway Catering and Tourism Corporation Limited (IRCTC) under Category A for its "VANDU" brand in the "Millet Based Products" segment. This empanelment allows the company to participate in procurement processes and supply millet mixes and chikki to IRCTC catering units across India, including prestigious train services. While this is expected to enhance market presence and brand visibility, it does not guarantee any purchase orders or minimum business. The empanelment is for a domestic entity and is not a related party transaction.

Leo Dryfruits & Spices Trading Ltd has announced an Extraordinary General Meeting (EGM) scheduled for Friday, July 17, 2026, at 10:00 AM IST. The meeting will be conducted via Video Conferencing/Other Audio Visual Means (OAVM). The primary agenda for the EGM is the alteration of the Company's Articles of Association, specifically to insert a new Article 15A concerning the issuance of warrants, convertible securities, and other securities. The company has also provided a remote e-voting facility for its members, with the cut-off date being July 10, 2026, and e-voting commencing on July 14, 2026, and concluding on July 16, 2026. The notice of the EGM has been dispatched electronically and is available on the company's website.

The Board of Directors of Leo Dryfruits & Spices Trading Ltd, in its meeting held on June 18, 2026, approved the alteration of the Company's Articles of Association. This alteration will insert an enabling provision for the future issuance of warrants and other convertible securities, subject to shareholder approval. To obtain this approval, the Board also sanctioned the convening of an Extraordinary General Meeting (EGM). Mr. Ritul Parmar, Practicing Company Secretary, has been appointed as Scrutinizer for the remote e-voting process and e-voting at the EGM. Directors are authorized to handle all necessary filings and compliances. The date and notice for the EGM will be communicated separately.

Leo Dryfruits & Spices Trading Ltd has announced a Board of Directors meeting scheduled for June 18, 2026. The primary agenda items include considering and approving the alteration of the company's Articles of Association to allow for the issuance of warrants and other convertible securities. This alteration is subject to shareholder and regulatory approvals. The board will also discuss convening an Extraordinary General Meeting or initiating a Postal Ballot process to obtain shareholder consent for these changes. Additionally, the trading window for designated persons will be closed from June 15, 2026, in compliance with insider trading regulations.

Leo Dryfruits & Spices Trading Ltd. announced the approval of audited standalone and consolidated financial results for the half year and financial year ended March 31, 2026. The board also recommended a final dividend of ₹0.50 per equity share of face value ₹10 each, subject to shareholder approval. Additionally, M/s Vishal Shethiya and Associates were appointed as the Internal Auditor for three years (2026-27 to 2028-29). The auditors, Ratan Chandak & Co LLP, issued an unmodified opinion on the financial results.