Stand_Note40_Rev

40   Lease

As a lessor

The Company has given premises on operating leases. These lease arrangements range for a period between ten months to ten years and include both cancellable and non cancellable leases. Most of the leases are renewable for further period on mutually agreeable terms and also include escalation clauses.

The total future minimum lease rentals for non-cancellable leases, receivable at the Balance Sheet date is as under:

( In Crore)

Particulars

As at 31 March

2026

2025

    

Receivable

Within one year

40.16

36.91

After one year but not more than five years

60.26

58.63

More than five years

0.40

0.93

100.82

96.47