Macrotech Developers has executed a Share Purchase Agreement (SPA) for acquisition of 100% stake in Janus Logistics and Industrial Parks (JLIPPL), pursuant to which JLIPPL will become a wholly owned subsidiary of the Company. The acquisition is in pursuance of the company’s planned strategy for calibrated growth in Digital Infrastructure viz industrial and logistics. Cost of acquisition is Rs 47.94 crore. The transaction has been completed on November 29, 2024.  

Macrotech Developers is primarily engaged in affordable residential real estate developments and in 2019, it entered into the development of logistics and industrial parks and also develop commercial real estate.