Leo Dryfruits & Spices Trading Ltd — Updates, 28-06-2025: Company Update

Leo Dryfruits & Spices Trading Limited has announced a board meeting to discuss the financial results for the quarter and half-year. The company is acquiring specific assets of Munchin Foods, a partnership firm engaged in manufacturing and selling namkeen and snacks under the brand “Munchin Lite-bits.” The acquisition includes plant and machinery, trade names, customer and supplier lists, contracts, permits, licenses, and goodwill, excluding inventory and receivables. The purchase consideration is ₹1.5 Cr paid in cash. Munchin Foods operates mainly in Western India with revenues declining from ₹3.71 Cr in FY23 to a provisional ₹1.70 Cr in FY25, reflecting a strategic move by Leo Dryfruits to expand its presence in the packaged snacks segment.