It is hereby informed to you that Park Smart Solutions Limited, the wholly owned subsidiary of L. T. Elevator Limited has purchased land of measurement of 324.5 decimal.
Price
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L. T. Elevator Ltd's wholly owned subsidiary, Park Smart Solutions Limited, has purchased approximately 324.5 decimal of commercial land in Mouza Joypur, Howrah district, West Bengal. The total consideration for the land is Rs. 63.27 lakhs, paid to four individual sellers (Naba Kumar Jati, Mousumi Jati, Sourav Jati, and Papri Jati), none of whom are related to the promoters. The purchase agreement was signed on 23 November 2025 and approved by the subsidiary's board on 13 December 2025. The company states this acquisition is part of its long-term expansion strategy to strengthen operational capabilities.
This is a relatively small land acquisition by the subsidiary aimed at supporting future expansion. Investors should watch for further updates on what will be built or developed on this land to gauge the real growth potential.