Leo Dryfruits & Spices Trading Ltd has scheduled an Extraordinary General Meeting (EGM) on July 17, 2026, to seek shareholder approval for the alteration of its Articles of Association to facilitate the issuance of warrants and other convertible securities. The meeting will be held through Video Conferencing (VC) and Other Audio Visual Means (OAVM) at 10:00 A.M. This strategic move aims to enable the company to raise capital through convertible instruments, subject to shareholder approval.

The Board of Directors, at its meeting held on June 18, 2026, approved the proposal to insert a new Article 15A into the Articles of Association. This provision will authorize the company to issue and allot warrants, convertible securities, convertible debentures, preference shares, or other securities on a preferential or private placement basis. The alteration requires a Special Resolution under Section 14 of the Companies Act, 2013.

The company has provided a remote e-voting facility for members through National Securities Depository Limited (NSDL). The remote e-voting period commences on July 14, 2026, at 9:00 A.M. IST and concludes on July 16, 2026, at 5:00 P.M. IST. The cut-off date to determine shareholder eligibility for voting is July 10, 2026.

Mr. Ritul Parmar, Practicing Company Secretary, has been appointed as the Scrutinizer to ensure the e-voting process is conducted fairly and transparently. The facility for appointing proxies will not be available as the meeting is being held via VC/OAVM. The results of the voting will be declared on the date of the meeting and subsequently communicated to the Stock Exchange.

The notice of the EGM has been dispatched to members and is available on the company's website. Shareholders holding shares in physical form are requested to update their PAN, KYC details, and nomination details.

leo dryfruits & spices trading reported a net profit of ₹1053.87 lakh for the financial year ended March 31, 2026, an increase from ₹816.40 lakh in the previous year. Revenue from operations surged to ₹17424.10 lakh, up from ₹8731.11 lakh in FY25. The company filed a corrigendum to the statement of financial results, correcting figures for the half year ended March 31, 2025, which were inadvertently mentioned as full-year figures in the previous filing. The correction is clerical and does not impact the financial results for FY26.

The Board of Directors approved the audited standalone and consolidated financial results on May 30, 2026. Statutory auditors Ratan Chandak & Co. LLP conducted the audit in accordance with the Standards on Auditing specified under the Companies Act, 2013, confirming the results give a true and fair view and comply with Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Standalone Financial Performance

For the year ended March 31, 2026, total income stood at ₹17465.90 lakh compared to ₹8735.22 lakh in the prior year. Total expenses rose to ₹15866.25 lakh from ₹7463.29 lakh in FY25. Profit before tax was ₹1599.65 lakh, up from ₹1271.93 lakh. Earnings per share (EPS) improved to ₹5.89 from ₹4.56.

Consolidated Results

The consolidated financial results for FY26 reflected a net profit of ₹1053.87 lakh and revenue from operations of ₹17424.10 lakh. The results include subsidiary Leo Catering Services Private Limited, which had nil assets, income, and profit as of March 31, 2026. Another subsidiary, Vandu Food Processing Private Limited, was incorporated on February 19, 2026, but was not included in the consolidation as the initial subscription amount was yet to be received.

Assets and Liabilities

As of March 31, 2026, total assets stood at ₹14751.28 lakh, up from ₹11716.83 lakh in the previous year. Shareholders' funds increased to ₹7420.84 lakh from ₹6366.97 lakh. Current liabilities rose significantly, with short-term borrowings reaching ₹3364.84 lakh compared to ₹1814.44 lakh in FY25. Cash and cash equivalents decreased to ₹15.85 lakh from ₹27.83 lakh.