Joint Venture12 Feb 2026, 06:58 pm
Rajvi Logitrade Ltd Enters into Commercial Vehicle Lease Agreement with Rajvi Cargo Movers
AI Summary
Rajvi Logitrade Ltd has entered into a Commercial Vehicle Lease Agreement on 12th February 2026 with Rajvi Cargo Movers Private Limited and Mr. Bhupendrasinh Dalpatsinh Rana for a period of 11 months. The company will pay a monthly lease rental of Rs. 8,50,000 for 33 commercial vehicles and a security deposit of Rs. 2,31,00,000. For 15 commercial vehicles, the company will pay a monthly lease rental of Rs. 3,75,000 and a security deposit of Rs. 1,05,00,000. The purpose of the agreement is to manage fleet size and optimize costs, and it does not grant any special rights to the parties involved.
Key Highlights
- Rajvi Logitrade Ltd enters into a Commercial Vehicle Lease Agreement with Rajvi Cargo Movers
- Agreement period is 11 months, effective from 12th February 2026
- Lease rental for 33 commercial vehicles: Rs. 8,50,000/month, security deposit: Rs. 2,31,00,000
- Lease rental for 15 commercial vehicles: Rs. 3,75,000/month, security deposit: Rs. 1,05,00,000
- Agreement aims to manage fleet size and optimize costs