Pursuant to Regulation 30 of SEBI (LODR) Regulations, 2015 this is to inform that company has entered into commercial vehicle lease agreement with Mr. Bhupendrasinh Dalpatsinh Rana and ....
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Rajvi Logitrade has restructured its commercial vehicle fleet leases effective June 1, 2026. It cancelled two earlier lease agreements dated February 12, 2026 and signed new ones: one with Mr. Bhupendrasinh Dalpatsinh Rana for 44 vehicles (up from 33) at a monthly rental of Rs. 15.4 lakh plus GST, with a refundable deposit of Rs. 3.11 crore at 9% interest; and another with Rajvi Cargo Movers Pvt Ltd for 3 vehicles at Rs. 1 lakh per month plus GST, with a Rs. 21 lakh deposit. Both leases run for 11 months. The purpose stated is fleet flexibility, cost optimisation during slower periods, and meeting customer demand.
This is an operational fleet management update with no major financial impact disclosed. Investors should note that one counterparty is related to a promoter, though the company states the transaction is at arm's length. The net fleet size has increased modestly (from 36 to 47 vehicles), which may support business growth but adds fixed lease costs of roughly Rs. 16.4 lakh per month.