Macrotech Developers Acquires 100% Stake in Janus Logistics and Industrial Parks

Macrotech Developers Ltd. has executed a Share Purchase Agreement (SPA) to acquire 100% stake in Janus Logistics and Industrial Parks Private Limited (JLIPPL). This acquisition is part of the company's planned strategy for calibrated growth in its annuity income through Digital Infrastructure, specifically industrial and logistics under the LILP brand. JLIPPL is engaged in the business of construction and development of warehousing and logistics assets. The transaction has been completed on November 29, 2024, with a cash consideration of ₹ 47.94 crore. Macrotech Developers Ltd. has acquired 100% equity stake in JLIPPL from Phoenix Logistics and Industrial Parks Private Limited.