Ritco Logistics has announced securing new business contracts worth approximately ₹206.50 crore in March 2026, marking a significant milestone for the integrated logistics service provider. The company's monthly business update reveals ₹152.43 crore in awarded transportation contracts along with an additional ₹54.10 crore of contracts under finalization stage, demonstrating strong growth momentum across core sectors.

Contract Breakdown and Sector Performance

The major portion of new business comes from the steel and metals sector, which contributed over ₹140 crore including pipeline opportunities. The company secured a strategic 3-year contract worth ₹123.60 crore, reinforcing its leadership position in long-term, high-volume industrial logistics operations.

Diversified Growth Strategy

Beyond steel and metals, Ritco Logistics expanded its presence across FMCG, industrial goods, solar, and minerals sectors. The diversified contract portfolio includes both short-term assignments for operational flexibility and long-term agreements ensuring predictable revenue streams. This balanced approach reduces dependency on single industry verticals while improving overall asset utilization.

Technology and Infrastructure Developments

The company completed a Vulnerability Assessment and Penetration Testing (VAPT) exercise, strengthening security protocols across data encryption, communication channels, and authentication systems. Enhanced code security measures and dynamic analysis implementation demonstrate the company's commitment to technological advancement and operational security.

TrucksUp Platform Expansion

Ritco's TrucksUp platform achieved significant milestones with 566 fuel cards issued in March, contributing to 3,460 total fuel cards for the financial year. The platform also issued 3,675 FASTags and 1,055 insurance policies during the month. Additionally, TrucksUp signed an MoU with National Highways Authority of India (NHAI) and Indian Highways Management Company Limited (IHMCL) to develop technology-driven solutions for enhanced driver safety and operational efficiency.

Strategic Market Position

The ₹206.50 crore business pipeline reflects strong customer confidence and Ritco Logistics' capability to manage large-scale industrial supply chains. The combination of long-term strategic contracts and diversified sector presence positions the company for sustained growth while maintaining operational flexibility through varied contract tenures.

Ritco Logistics Limited has filed its mandatory regulatory disclosure under SEBI SAST Regulation 31(4) for the financial year ended March 31, 2026. The submission confirms that the company's promoters have maintained transparency regarding share encumbrances throughout FY26.

Regulatory Compliance Filing

The disclosure was submitted to both the National Stock Exchange of India Ltd and Bombay Stock Exchange Limited on April 6, 2026. Company Secretary and Compliance Officer Gitika Arora signed the submission, which was digitally authenticated on April 6, 2026, at 08:51:29 +05'30'.

Promoter Declarations

All promoters of Ritco Logistics Limited have individually declared that they have not made any encumbrance of shares, directly or indirectly, other than those already disclosed to the stock exchanges during FY26. The individual promoters who submitted their declarations include:

• Manmohan Pal Singh Chadha (PAN: AAAPC3656J)
• Sanjeev Kumar Elwadhi (PAN: AAAPE4754B)
• Manmohan Singh Chadha (HUF) (PAN: AADHM2652P)
• Tanya (PAN: ATTPT7222K)
• Roma Wadhwa (PAN: ABGPW6541H)
• Shyam Sunder Elwadhi (PAN: AADPE3391F)

Corporate Promoter Status

Ritco Leasing and Finance Pvt Ltd (PAN: AAACR0986M), serving as a corporate promoter, has also submitted its declaration confirming no new share encumbrances during the financial year. The declaration was signed by Man Mohan Pal Singh Chadha in his capacity as Director (DIN: 01763805).

Share Encumbrance Status

As of March 31, 2026, all promoters have confirmed that the number of encumbered or pledged shares remains nil. This disclosure ensures transparency and compliance with SEBI regulations regarding substantial acquisition of shares and takeovers. The consistent declarations across all promoters demonstrate the company's commitment to regulatory compliance and transparent shareholding practices.