Afcom Holdings has reported remarkable growth and operational achievements in the first half of fiscal year 2026, marking significant strides in its global logistics network and financial performance.

Impressive Financial Performance

AFCOM Holdings has demonstrated exceptional financial growth in H1 FY2026:

• Revenue surged by approximately 166% compared to H1 FY2025
• 57.72% revenue growth over H2 FY2025
• Q2 FY2026 saw a 2.1% overall growth compared to Q1 FY2026

Operational Milestones

The company's operational performance in H1 FY2026 has been equally impressive:

Network Expansion and New Trade Lanes

AFCOM Holdings has significantly expanded its operational network:

• Opened new stations in Hanoi and Yangon
• Developed a new trade lane from Yangon to Male, with connectivity to EU and US markets
• Established Chennai as an International Transshipment Hub
• Signed Special Pro-Rate Agreements with Nippon Cargo Airlines and Vietnam Airlines

Enhanced Interline Activity

The company has strengthened its interline network:

• Activated operational interline arrangements through ICH with Nippon Cargo, VietJet, Fly Dubai, Condor Airlines, and Etihad Airways
• Plans for additional partnerships in Q3 FY2026

Specialized Services and Key Partnerships

AFCOM Holdings has introduced specialized cargo handling initiatives and maintained robust engagement with global freight forwarders:

• Implemented time-bound product acceptance for perishable cargo from ex-Bangkok and ex-Chennai sectors
• Engaged with key forwarders including DSV, DHL, Yusen Logistics, Geodis, Logispeed, and Hellmann Logistics
• Experienced increased export volumes in garment, electronics, and perishable segments

The company's strategic focus on network diversification, market penetration, and operational efficiency has driven its impressive growth. With plans for further expansion and new partnerships in the pipeline, AFCOM Holdings appears well-positioned for continued success in the global logistics market.

Afcom Holdings Limited has strengthened its board with the appointment of two seasoned professionals as non-executive independent directors. The appointments, made at the company's 12th Annual General Meeting (AGM) held on September 25, 2025, bring a wealth of experience in finance, banking, and corporate leadership to the company.

New Appointments

Mr. Sudhir Laxmikant Deoras and Ms. Arundhati Mech have been appointed to serve two-year terms, extending from the 12th AGM to the 14th AGM. Both directors have been confirmed to meet the independence criteria as per the Companies Act, 2013 and Securities and Exchange Board of India (SEBI) regulations.

Mr. Sudhir Laxmikant Deoras: A Tata Group Veteran

Mr. Deoras brings over four decades of leadership experience within the Tata Group. His expertise spans across various sectors including steel, infrastructure, auto components, mergers and acquisitions (M&A), and international business. Notable positions in his career include:

• Managing Director of TRF (formerly Tata-Robins-Fraser Ltd.) from 2007 to 2016
• Managing Director of Tata International from 1999 to 2006
• Principal Executive Officer at Tata Steel
• Executive-in-Charge at Tata Bearings

During his tenure at TRF, Mr. Deoras led three transnational M&As, tripled growth, and increased market capitalization fourfold. At Tata International, he scaled the turnover from ₹800.00 crore to ₹8,000.00 crore, transforming it into a global trading powerhouse.

Ms. Arundhati Mech: Banking and Regulatory Expert

Ms. Mech joins Afcom Holdings with 35 years of experience at the Reserve Bank of India (RBI). Her expertise lies in banking regulation, compliance, governance, and crisis management. Key positions in her career include:

• Chief General Manager & Regional Director at RBI from 2016 to 2019
• General Manager (HR, Banking & IT) at RBI from 2010 to 2016
• Deputy General Manager (IT) at RBI from 2003 to 2010

Ms. Mech played a crucial role in managing the currency flow during demonetization, driving financial literacy programs, and implementing Core Banking Solutions in Urban Cooperative Banks.

Additional Corporate Actions

At the same AGM, Afcom Holdings shareholders approved two significant changes to the company's foundational documents:

1. An alteration to the Articles of Association (AOA), inserting Article 92(47A) regarding the issuance of convertible warrants and securities.
2. A modification to the Memorandum of Association (MOA), updating the Authorized Share Capital clause.

These appointments and changes reflect Afcom Holdings' commitment to strengthening its governance and preparing for potential future growth opportunities.

Disclaimer: This article is based on the corporate filings made by Afcom Holdings Limited to the BSE on September 26, 2025.