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Rajvi Logitrade has entered into agreements to lease 48 commercial vehicles for 11 months. This move aims to enhance operational flexibility, optimize costs, and effectively meet increased customer demand. The agreements involve total monthly lease rentals of Rs. 12.25 lakh and security deposits totaling Rs. 3.36 Cr, which will earn 9% annual interest. Notably, one lease for 33 vehicles is with a related party (brother of a promoter/director), affirmed as an arm’s length transaction.