Leo Dryfruits & Spices Trading acquired specific tangible and intangible assets, including "Munchin Lite-bits" brand, from Mumbai-based Munchin Foods for ₹1.50 crore. This strategic move allows Leo to diversify into growing namkeen and snack market, leveraging Munchin Foods' established presence and revenue to expand its packaged food portfolio and strengthen its position in Indian food sector.