Leo dryfruits & spices trading Limited has filed its quarterly compliance certificate with BSE Limited, confirming adherence to SEBI depositories regulations for the quarter ended March 31, 2026. The submission, made on April 8, 2026, demonstrates the company's commitment to regulatory compliance and transparent shareholder services.

Regulatory Compliance Certificate

The certificate was issued under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018, covering the fourth quarter of fiscal year 2026. Bigshare Services Pvt. Ltd., serving as the company's Registrar and Transfer Agent, confirmed that the regulation requirements were fully met during the reporting period.

Share Dematerialisation Status

The certificate highlights a significant operational achievement - the company maintains 100% dematerialised shareholding. Bigshare Services confirmed that the entire holding of the company's shares remains in demat form, eliminating the need for physical share certificates and streamlining shareholder transactions.

During the quarter ended March 31, 2026, the registrar reported zero requests from shareholders for rematerialisation of shares. This indicates strong shareholder preference for electronic holding and reflects the company's effective digital infrastructure for share management.

Corporate Governance Framework

The submission was authorised by Kaushik Shah, Chairman and Managing Director, demonstrating direct leadership involvement in regulatory compliance. The company's systematic approach to quarterly reporting reinforces its commitment to maintaining transparent communication with stock exchanges and regulatory authorities.

The certificate submission process involved coordination between the company's management and its registrar, ensuring accurate reporting of shareholding patterns and compliance status. This quarterly exercise forms part of the broader regulatory framework designed to protect investor interests and maintain market integrity.

Leo Dryfruits & Spices Trading Limited has announced a significant business development through its subsidiary, marking a strategic expansion in the food processing sector. The company informed BSE Limited about a major supply agreement that positions it as a key supplier to one of India's leading FMCG companies.

Strategic Partnership with Haldiram Marketing

Vandu Food Processing Private Limited, a subsidiary of Leo Dryfruits & Spices Trading Limited , has entered into a comprehensive supply agreement with Haldiram Marketing Private Limited. The agreement establishes a formal business relationship for processing and supplying cashew-based products and other food items.

Under this arrangement, VFPPL will undertake the processing of raw cashew nuts into finished products, including broken cashew pieces and cashew powder, according to Haldiram's specific requirements. The subsidiary will be responsible for maintaining quality standards, specifications, packaging, and following instructions provided by Haldiram.

Agreement Terms and Financial Projections

The supply agreement encompasses several key operational and commercial aspects:

The financial consideration is not fixed but will depend on actual purchase orders and quantities supplied. However, the company projects generating revenue of approximately ₹150 crores per annum under this agreement, contingent upon the commissioning of the processing facility.

Business Impact and Market Position

This partnership represents a significant milestone for Leo Dryfruits & Spices Trading Limited, demonstrating the confidence of an established FMCG player in the company's processing capabilities. The expected annual revenue of ₹150 crores is particularly noteworthy given the company's current market cap of ₹84 crores, indicating substantial growth potential.

The agreement is expected to strengthen the company's presence in the food processing segment, enhance its overall market position, and create additional growth opportunities. The partnership provides a stable revenue stream over the 5-year period and will significantly impact the company's financial scale relative to its current market valuation.

Management Commentary

Mr. Kaushik Sobhagchand Shah, Chairman & Managing Director, commented on the development: "This agreement marks an important step in strengthening our processing capabilities and expanding our presence in the institutional segment. Our association with Haldiram reflects confidence in our operational capabilities and provides opportunities for long-term business growth."

Regulatory Compliance and Disclosure

The company has confirmed that this agreement falls within the ordinary course of business and does not involve any related party transactions. The promoter group has no interest in Haldiram Marketing Private Limited, ensuring an arm's length commercial relationship.

The agreement's execution is subject to actual implementation and offtake, with the company expecting a positive impact on its business operations. This development aligns with the company's strategic focus on expanding its food processing capabilities and establishing partnerships with reputed market players.