Transindia Real Estate Signs MoU for Private Freight Terminal Development
Transindia Real Estate Limited has announced the signing of a Memorandum of Understanding (MoU) on February 23, 2026, with its wholly owned subsidiary, Allcargo Inland Park Private Limited (AIPPL), and related party, Allcargo Terminals Limited (ATL), for the development of a Private Freight Terminal in Gurugram, Haryana. The arrangement involves the potential lease of AIPPL's land to ATL for operating a Rail Connected Inland Container Depot (ICD) and allied infrastructure, aimed at monetizing land assets and generating stable recurring income.
The strategic partnership leverages the strategic location in Gurugram, which offers significant advantages due to its proximity to major transportation networks and rail connectivity, making it suitable for logistics and freight operations. The MoU establishes the broad understanding and framework for potential business arrangements related to land utilization.
The three-party agreement involves Transindia Real Estate Limited as the parent company, AIPPL as its wholly owned subsidiary, and ATL as a related party. The MoU focuses on setting up a Private Freight Terminal, 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 participating entities demonstrate varying scales of operations based on their turnover as of March 31, 2025: - Transindia Real Estate Limited (TREL): ₹5,485 lakhs - Allcargo Inland Park Private Limited (AIPPL): Nil - Allcargo Terminals Limited (ATL): ₹51,371 lakhs
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
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.