Deals11 Jul 2025, 09:22 am
Lloyds Enterprises Subsidiary to Develop Large-Scale Warehousing and Logistics Park at Taloja
AI Summary
Lloyds Enterprises Limited's subsidiary, Lloyds Realty Developers Limited (LRDL), has signed a non-binding Memorandum of Understanding (MoU) with Calculus Logistech Pvt Ltd (CLPL) and its existing shareholders. This MoU marks LRDL's strategic entry into the warehousing and logistics infrastructure sector, leveraging a prime 99-acre land parcel in Taloja, Navi Mumbai region, with an additional potential of 32 acres of aggregation. The project has the potential to become a substantial revenue generator for LRDL, with an estimated total revenue potential exceeding INR 1,250 crores over approximately three to four years.
Key Highlights
- LRDL to acquire a 51% equity stake in CLPL for INR 60 crores
- LRDL to extend up to INR 242 crores as structured secured debt to CLPL for contiguous land aggregation and regulatory approvals
- The land parcel is envisioned to be developed into a world-class logistics and warehousing hub
- The project has the potential to generate a revenue of over INR 1,250 crores
- The transaction is subject to completion of definitive agreements, detailed due diligence, and necessary regulatory compliances within the next 60 days