Deals13 Dec 2025, 12:31 pm
L. T. Elevator Subsidiary, Park Smart Solutions, Purchases 324.5 Decimal Land for Rs. 63,26,750
AI Summary
Park Smart Solutions Limited, the wholly owned subsidiary of L. T. Elevator Limited, has purchased commercial land of measurement 324.5 decimal situated at Joypur, Howrah for Rs. 63,26,750. The acquisition is in line with the company's long-term expansion strategy and is expected to strengthen/augment its operational capabilities.
Key Highlights
- Park Smart Solutions Limited, a wholly owned subsidiary of L. T. Elevator Limited, purchased commercial land of measurement 324.5 decimal
- The land is situated at Joypur, Howrah, and the cost of the land is Rs. 63,26,750
- The acquisition is in line with the company's long-term expansion strategy
- The transaction is not a related party transaction
- The purchase of land is not part of a Scheme of Arrangement