AVG Logistics Limited — Important, 19-03-2025: Disclosure of material issue
19-03-2025 · 07:25 pm
AVG Logistics Limited has completed the acquisition of a 99% stake in Kaizen Logistics for Rs. 0.485 Crore. This move is expected to enhance AVG's operational capabilities and expand its presence in vital sectors like FMCG, beverages, metals, and industrial chemicals. The acquisition aligns with AVG's strategy to strengthen its logistics infrastructure and better serve prominent clients such as the Vedanta Group, Aditya Birla Group, and Hindustan Coca-Cola. This development may foster a positive outlook among investors, reflecting growth potential in the logistics space.
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