As per Regulation 30 of Securities Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to intimate that the construction of 40,770 Sq.Ft. ....
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Lakshmi Engineering and Warehousing has completed the construction of a new 40,770 Sq.Ft. warehouse building at Plot No.39 & 44, SIPCOT Industrial Complex, Hosur, under its Warehousing Rental Services Division. The newly built facility has already been leased out to one of the company's existing corporate lease holders. The lease agreement was signed on June 3, 2025, with rental income set to commence from July 1, 2025. The move adds a sizeable, pre-leased warehousing asset to the company's rental portfolio with immediate revenue visibility.
This is a positive development for shareholders as the new asset is fully pre-leased, locking in incremental rental revenue from July 2025 onwards without occupancy risk. It strengthens the company's warehousing rental income stream and may support stable cash flows, though the scale of impact depends on lease economics not disclosed in the filing.