Landmark Cars Limited has received a Letter of Intent from MG Motor India Pvt Ltd. for opening dealership in the Ahmedabad, Gujarat. This dealership will be established by M/s Aeromark Cars Private Limited, a wholly owned subsidiary company of Landmark Cars. This business will include Sales and After Sales of MG Cars.

This will be the fourth MG Motor dealership of the Company after Goa and Indore & Bhopal in Madhya Pradesh. The dealership will be operational in the next quarter. This demonstrates Landmark's ability to fortify its partnership with MG Motors and maintain its standing as the preferred dealer in the state of Gujarat.

This is in line with the Company's strategy of increasing the footprint across India.