Afcom Holdings Ltd — Updates, 18-07-2025: Company Update

Date: July 18, 2025

To,

BSE Limited,

25th Floor, P. J. Towers,

Dalal Street, Fort,

Mumbai- 400 001.

Symbol: 544224

Sub: Press Release – AFCOM Expands Asia Footprint with Strategic Vietnam Foray

Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements)

Regulations, 2015, enclosed herewith is a Press Release issued by the Company on the cited

subject, content of which is self-explanatory.

We request you to take the same on record.

Thanking You,

For AFCOM HOLDINGS LIMITED

Name : Ajith Kumar

Designation : Company Secretary and Compliance Officer

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AFCOM Expands Asia Footprint with Strategic Vietnam Foray

• Commences Hanoi operations to strengthen Southeast Asia network

• Signs interline agreement with Viet Jet for multi-country cargo integration

Chennai – July 18, 2025 – AFCOM Holdings Limited (AFCOM), (BSE - 544224), one of the leading players

in the air cargo transportation sector, has announced the launch of a new international cargo route to

Hanoi, Vietnam, effective July 2, 2025. This strategic expansion strengthens AFCOM’s growing

international footprint and reinforces its commitment to offering seamless and efficient logistics

solutions across Asia.

In a significant development aligned with this expansion, AFCOM has also signed an interline agreement

with Viet Jet, a prominent Vietnamese airline. This collaboration is set to unlock seamless cargo

connectivity between India, South Korea, Taiwan, and Hong Kong via Vietnam, delivering integrated, end-

to-end logistics solutions for businesses across Asia.

The newly introduced route is part of AFCOM’s broader strategy to expand its cargo network across fast-

growing and high-potential markets. South Korea and Taiwan have emerged as two fastest growing trade

lanes in the region, while Hong Kong continues to be a critical hub for cross-border e-commerce and high-

value cargo imports into India.

Commenting on the developments, Capt. Deepak Parasuraman, Chairman & Managing Director of

AFCOM Holdings Limited, said, "The launch of our Vietnam operations and interline agreement with

Viet Jet represents a step forward in AFCOM’s vision to create a highly connected and agile cargo network

across Asia. Vietnam’s strategic location allows us to unlock faster access to vital trade lanes such as

South Korea, Taiwan, and Hong Kong—regions that are increasingly critical to the global supply chain.

This expansion supports our goal of offering reliable and efficient cargo solutions across Asia. We

continue to focus on building a strong and integrated logistics network that meets the growing needs

of our customers. By improving cross-border access and transit times through such strategic

partnerships, we aim to deliver greater value and service efficiency in the markets we operate in.” 

About AFCOM Holdings Limited

AFCOM Holdings Limited, established in 2013, is one of the leading players in the air cargo transportation

industry. The company was founded by aviation veteran Capt. Deepak Parasuraman, who brings over 25

years of experience in the sector. The company leverages its extensive expertise in logistics and aviation

to offer seamless airport-to-airport cargo transport services.

The company offers a range of cargo solutions and products, including General Cargo, Flying Fresh, Flying

Pharma, Flying Priority, Fly Courier, Project Cargo, Dangerous Goods, and High-Value Cargo. Its services

extend across various ASEAN countries, reflecting the company's commitment to growth, safety, and

service excellence.

The company's current fleet comprises two Boeing 737-800 BCF aircraft, which are equipped to handle

cargo efficiently and on time. The company is recognized for its operational excellence and reliability in

cargo transportation. To further enhance its service to its customers, the company offers bonded trucking

services through its channel partners, which strengthens its last-mile connectivity in South India and

ensures a comprehensive end-to-end logistics solution.

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In conclusion, AFCOM continues to explore new partnerships and routes to enhance its global service

offerings and deliver maximum value to its customers.

In FY25, the company reported a total income of ₹ 24,254.16 Lakhs, an EBITDA of ₹ 7260.82 Lakhs, and a Net

Profit of ₹ 4,842.23 Lakhs.

Disclaimer

Certain statements in this document that are not historical facts are forward looking statements. Such

forward-looking statements are subject to certain risks and uncertainties like government actions, local,

political or economic developments, technological risks, and many other factors that could cause actual

results to differ materially from those contemplated by the relevant forward-looking statements. The

Company will not be in any way responsible for any action taken based on such statements and

undertakes no obligation to publicly update these forward-looking statements to reflect subsequent

events or circumstances.

For Further Information Please Contact Corporate Communication Advisor

Kirin Advisors Private Limited Sunil Mudgal – Director

sunil@kirinadvisors.com

+91 98692 75849

www.kirinadvisors.com

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