Transindia Real Estate Limited has announced the signing of a Memorandum of Understanding on February 23, 2026, with two Allcargo group entities for the potential development of freight terminal infrastructure. The strategic partnership involves the company's wholly owned subsidiary and aims to leverage land assets in Haryana for logistics operations.

MoU Structure and Parties

The three-party agreement involves Transindia Real Estate Limited as the parent company, Allcargo Inland Park Private Limited (AIPPL) as its wholly owned subsidiary, and Allcargo Terminals Limited (ATL) as a related party. The MoU establishes the broad understanding and framework for potential business arrangements related to land utilization.

Project Scope and Location

The MoU focuses on setting up a Private Freight Terminal, alternatively referred to as a "Rail Connected ICD," comprising an inland container depot and allied infrastructure. AIPPL will potentially lease part of its land situated in Gurugram, Haryana, to ATL for operating this freight terminal facility.

The strategic location in Gurugram offers significant advantages due to its proximity to major transportation networks and rail connectivity, making it suitable for logistics and freight operations.

Financial Overview of Entities

The participating entities demonstrate varying scales of operations based on their turnover as of March 31, 2025:

Strategic Rationale and Expected Benefits

AIPPL currently owns both freehold and leasehold land in Gurugram, Haryana, which presents an opportunity for strategic development. The company proposes to develop the Private Freight Terminal infrastructure, while ATL intends to operate the facility for its business purposes, leveraging the strategic location and rail connectivity.

The arrangement is expected to facilitate expansion and growth of AIPPL's business through effective monetization of its land assets. Key anticipated benefits include:

• Generation of stable and recurring income with periodic escalation
• Long-term appreciation in the value of underlying land and associated infrastructure
• Enhanced utilization of existing land assets
• Strategic partnership with established logistics operator

Regulatory Compliance and Next Steps

The company has informed both BSE Limited and National Stock Exchange of India Limited about this development pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The MoU represents the initial framework, with detailed terms and conditions to be disclosed upon execution of definitive agreements.

Future disclosures will be made in accordance with applicable laws and regulations, subject to necessary approvals including regulatory and corporate approvals as may be required. The intimation has been made available on the company's website at www.transindia.co.in as per regulatory requirements.

Transindia Real Estate Limited announced its Q3FY26 financial results for the quarter ended December 31, 2025, along with significant board changes. The company's board meeting held on January 30, 2026, approved the unaudited financial results and key directorial appointments.

Financial Performance Overview

The company delivered strong consolidated financial performance in Q3FY26, with net profit showing significant year-on-year growth despite revenue challenges.

Segment Performance Analysis

The company's primary revenue driver, logistics park and commercial properties, generated ₹20.86 crore in Q3FY26 compared to ₹22.19 crore in the previous year. The equipment hiring segment contributed ₹0.20 crore during the quarter.

Board Changes and Corporate Governance

The board approved significant directorial changes effective January 30, 2026. Ms. Nishika Hegde (DIN: 11359907) was appointed as Additional Non-Executive, Non-Independent Director, subject to shareholder approval through postal ballot.

Ms. Hegde holds a Bachelor of Science in Business Administration from Bryant University, USA, and a Master's degree in Marketing from University of Bath, UK. She brings extensive experience in sales, marketing, and strategic business development.

Exceptional Items and Special Transactions

The company recognized exceptional items totaling ₹2.89 crore in Q3FY26, including ₹1.75 crore compensation from NHAI for compulsory land acquisition in Chennai and ₹1.14 crore gain from investment property sale by subsidiary Avvashya Inland Park Private Limited.

Subsidiary Activities

Allcargo Group Services Private Limited, a wholly owned subsidiary, issued equity shares through private placement during the quarter. The board also noted the ongoing merger proceedings of Madanahatti Logistics and Industrial Parks Private Limited, with the next hearing scheduled for February 10, 2026.