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Macrotech buys 100% stake in Janus Logistics for Rs 48 crore
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Realty developer Lodha, listed as Macrotech Developers has made strategic acquisition of a 100% equity stake in Janus Logistics and Industrial Parks Pvt Ltd (JLIPPL) from Phoenix Logistics and Industrial Parks for nearly Rs 48 crore.
This strategic move aligns with the company’s vision for growth in digital infrastructure through its Lodha Industrial and Logistics Park (LILP) initiative.
No regulatory approvals are required for the acquisition that was conducted on Friday, Macrotech said in a regulatory filing.
Incorporated in December 2022, JLIPPL is engaged in the business of construction and development of warehousing and logistics assets.
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