Leo Dryfruits & Spices Trading Ltd — Important, 05-12-2025: Company Update

Leo Dryfruits & Spices Trading Limited has acquired a 60% equity stake in STK Food Processing Private Limited, making it a subsidiary. This strategic move aims to expand its product portfolio, strengthen its packaged food presence, and leverage STK's distribution network for cross-selling benefits. STK, known for its "POPMAK" brand makhana, is expected to generate Rs 20 Cr in annual revenue. The acquisition cost is Rs 1 Cr, with an additional Rs 1 Cr term loan infusion. This enhances Leo's market reach with a more integrated product offering.