Leo Dryfruits & Spices Trading Ltd, through its subsidiary Vandu Food Processing Pvt Ltd, has signed a five-year supply agreement with Haldiram Marketing Pvt Ltd. The deal, effective March 19, 2026, is expected to generate annual revenues of about ₹150 crore, strengthening its food processing footprint.
Leo Dryfruits & Spices Trading Ltd has announced a major milestone with its subsidiary entering into a long-term supply agreement with Haldiram, one of India’s most reputed FMCG brands. The partnership underscores confidence in the company’s processing capabilities and positions it for significant growth in the domestic food sector.
Strategic Partnership With Haldiram
Under the agreement, Vandu Food Processing will process raw cashew nuts into finished products such as broken cashew pieces and cashew powder, adhering to Haldiram’s stringent quality and packaging standards.
Revenue And Market Impact
The company expects to generate approximately ₹150 crore annually once its processing facility is fully commissioned. The five-year contract, renewable on mutual consent, is anticipated to boost Leo Dryfruits’ market presence and open new growth avenues in the food processing segment.
Key Highlights
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Subsidiary Vandu Food Processing signs supply agreement with Haldiram
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Focus on processed cashew nuts and related food products
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Five-year contract, renewable on mutual consent
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Estimated annual revenue of ₹150 crore post facility commissioning
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Strengthens domestic market position in food processing
Sources: Company filing with Stock Exchange