Pursuant to Regulation 30 of SEBI (LODR) Regulations, 2015 this is to inform that company has entered into Commercial Vehicle Lease Agreement on 12th February 2026 with M/s Rajvi Crago ....
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Rajvi Logitrade has leased 48 commercial vehicles in total under two agreements signed on 12th February 2026 for an 11-month period. The first lease is with Mr. Bhupendrasinh Dalpatsinh Rana for 33 vehicles at a monthly rental of Rs. 8.50 lakh with a Rs. 2.31 crore security deposit. The second is with Rajvi Cargo Movers Pvt Ltd for 15 vehicles at Rs. 3.75 lakh per month with a Rs. 1.05 crore security deposit, both carrying 9% annual interest on deposits. The company says the leases give it flexibility to manage fleet size, optimize costs during slower periods, and meet customer demand efficiently. One of the counterparties, Mr. Bhupendrasinh Rana, is the brother of Promoter and Director Mr. Narendrasinh Rana, making it a related party transaction done at arm's length.
This is a routine operational move to scale up logistics capacity without owning vehicles, keeping fixed costs flexible. The related-party angle is disclosed transparently, but the small scale and short 11-month term suggest limited material impact on the stock in the near term.