Rajvi Logitrade Limited has announced the execution of commercial vehicle lease agreements on February 12, 2026, involving 48 commercial vehicles across two separate arrangements. The company disclosed these transactions under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Lease Agreement Details

The company has entered into two distinct lease agreements, both effective from February 12, 2026, for an 11-month period. The arrangements are structured to provide operational flexibility and cost optimization during varying business cycles.

Financial Implications

The combined monthly lease rental obligation amounts to Rs. 12,25,000, with total security deposits of Rs. 3,36,00,000 across both agreements. The security deposits carry interest at 9% per annum, providing additional financial benefits to the company.

Related Party Considerations

One of the lease agreements involves a related party transaction. Bhupendrasinh Dalpatsinh Rana is identified as the brother of Mr. Narendrasinh Dalpatsinh Rana, who serves as a Promoter and Director of Rajvi Logitrade Limited. The company has confirmed that this related party transaction is conducted on an arm's length basis. The agreement with Rajvi Cargo Movers Private Limited does not involve any related party considerations.

Strategic Rationale

The company has outlined clear strategic objectives for these lease arrangements. The agreements are designed to offer flexibility in fleet size management and optimize costs during slower business periods. Additionally, the arrangements support operational efficiency by enabling the company to meet increased customer demand in a timely and effective manner.

Regulatory Compliance

The disclosure has been made in compliance with SEBI Circular No. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023, and SEBI Master Circular no. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024. Both agreements are structured solely for vehicle leasing purposes, with no special rights applicable to either transaction.

Rajvi Logitrade Limited delivered exceptional financial performance in Q3FY26, demonstrating strong operational growth across key metrics. The logistics company reported significant improvements in both quarterly and nine-month results for the period ended December 31, 2025.

Financial Performance Highlights

The company's Q3FY26 results showcased remarkable growth momentum with net profit increasing substantially by 145% year-on-year. Revenue performance was equally impressive, reflecting the company's expanding business operations and market presence.

Nine-Month Performance Analysis

The nine-month period ending December 31, 2025, further reinforced the company's strong operational trajectory. Total income from operations reached ₹6598.47 lakhs compared to ₹2230.60 lakhs in the corresponding period of the previous year, marking a substantial 196% increase.

Operational Efficiency Metrics

The company maintained healthy profit margins despite increased operational scale. Operating expenses grew proportionally with revenue expansion, indicating controlled cost management. Employee benefits expense increased to ₹97.69 lakhs in Q3FY26 from ₹23.14 lakhs in Q3FY25, reflecting business expansion and workforce growth.

Corporate Governance Updates

The Board of Directors approved several key decisions during their meeting held on February 11, 2026. The appointment of Mr. Hardik Dilipbhai Naygandhi as Additional Director brings valuable expertise in accounting, banking, and finance to the company's leadership.

Capital Structure and Share Information

The company's paid-up equity share capital stood at ₹632.55 lakhs as of December 31, 2025, significantly higher than ₹100.00 lakhs in the corresponding quarter of the previous year. This increase reflects the company's capital expansion initiatives to support business growth.

Regulatory Compliance

The financial results were reviewed by the Audit Committee and approved by the Board of Directors. Statutory auditors Prakash Tekwani & Associates conducted a limited review of the results as per Regulation 33 of SEBI (LODR) Regulations, 2015, confirming compliance with applicable accounting standards and disclosure requirements.