Leo Dryfruits & Spices Trading Limited has informed BSE about the resignation of its Company Secretary and Compliance Officer, effective December 31, 2025. The announcement was made on December 26, 2025, in compliance with SEBI listing regulations.

Key Personnel Change

Ms. Pratibha Kumari Bharadia, who serves as Company Secretary, Compliance Officer, and Key Managerial Personnel (KMP), has tendered her resignation citing personal reasons and career opportunities outside the organization. The resignation will be effective from December 31, 2025, after working hours.

Management Response

The company's management has accepted the resignation and confirmed that Ms. Bharadia has stated there are no other reasons for her departure beyond those mentioned in her resignation letter. Chairman and Managing Director Kaushik Sobhagchand Shah (DIN: 09484633) signed the official intimation to BSE.

Succession Planning

Leo Dryfruits & Spices Trading has initiated the process of identifying suitable candidates for the Company Secretary position. Key aspects of the succession plan include:

• Shortlisting of potential candidates has commenced
• Appointment will be finalized within prescribed SEBI (LODR) Regulations timelines
• Required disclosures will be made upon appointment
• Smooth handover of responsibilities assured during transition

Regulatory Compliance

The resignation intimation was filed pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company referenced SEBI Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024, and provided detailed information in compliance with listing regulations.

Company Operations

Leo Dryfruits & Spices Trading Limited operates from its registered office at Plot No. A-812, Thane-Belapur Road, MIDC Khairane, TTC Industrial Area, Koper Khairane, Navi Mumbai-400710, with a branch office in APMC Market, Vashi. The company trades under BSE scrip code 544329.

Leo Dryfruits & Spices Trading Limited has received regulatory approval to incorporate a new subsidiary company, marking a strategic expansion into food processing operations. The company announced that the Registrar of Companies has approved the name "Vandu Food Processing Private Limited" for the proposed subsidiary.

Subsidiary Details and Structure

The newly approved subsidiary will be established with specific operational parameters designed to complement the parent company's existing business model.

Business Objectives and Operations

Vandu Food Processing Private Limited will operate in the food processing sector with a comprehensive business scope. The subsidiary's primary objectives include:

• Processing, manufacturing, grading, and roasting of food products
• Packing, storing, and trading operations
• Import and export activities
• Marketing of cashew nuts and other food products
• Trading in dry fruits, nuts, spices, and allied edible products
• Undertaking all activities incidental or ancillary to food processing

Regulatory Compliance and Timeline

The incorporation process follows strict regulatory guidelines under SEBI LODR Regulations. The company has disclosed this development pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Strategic Implications

The subsidiary formation represents a focused expansion into food processing operations, aligning with Leo Dryfruits & Spices Trading's core business in dry fruits and spices trading. Once incorporated, Vandu Food Processing Private Limited will become a related party since the parent company will hold majority control through its 51% shareholding.

The completion of the incorporation process remains subject to final approvals from regulatory authorities, including the Ministry of Corporate Affairs. The company has indicated that the application for incorporation will be filed following the name approval, with the timeline dependent on regulatory processing.