AVG Logistics Director Boosts Stake, Company Faces SEBI Fine

1 min read     Updated on 08 Aug 2025, 09:31 PM
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Ashish ThakurScanX News Team
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Overview

Non-Executive Director Apurva Chamaria acquired 15,000 shares of AVG Logistics at Rs. 247.40 per share. SEBI imposed a Rs. 100,000 fine on Compliance Officer Mukesh Nagar for non-compliance with insider trading regulations. The company announced a board meeting on August 14 to approve Q1 financial results.

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*this image is generated using AI for illustrative purposes only.

AVG Logistics , a prominent player in the logistics sector, has recently made headlines with insider trading activity and regulatory developments.

Director's Share Purchase

Non-Executive Director Apurva Chamaria has significantly increased his stake in AVG Logistics. Between August 6 and August 8, Chamaria acquired 15,000 equity shares at an average price of Rs. 247.40 per share. This transaction, totaling approximately Rs. 37.11 lakh, was executed in accordance with a Trading Plan submitted by Chamaria on March 18.

The company disclosed this information in compliance with Regulation 7(2)(b) of the SEBI (Prohibition of Insider Trading) Regulations, 2015. The necessary disclosure in Form C is expected to be filed as per applicable regulations.

SEBI Fine on Compliance Officer

In a separate development, AVG Logistics informed the stock exchanges that the Securities and Exchange Board of India (SEBI) has imposed a fine of Rs. 100,000 on the company's Compliance Officer, Mr. Mukesh Nagar. The penalty was levied for non-compliance with Section 9 of SEBI (Prohibition of Insider Trading) Regulation, 2015.

The fine stems from an unintentional contra trade made by erstwhile Non-Executive Director Mr. Ankit Jain. AVG Logistics stated that this penalty would have no significant bearing on the company's business operations.

Upcoming Board Meeting

AVG Logistics has also announced a scheduled board meeting for August 14. The board will consider and approve the unaudited Standalone and Consolidated Financial Results for the quarter ended June 30. In line with SEBI regulations, the trading window for insiders will remain closed until 48 hours after the declaration of these financial results.

These developments underscore the importance of regulatory compliance and transparent corporate governance in the Indian stock market. Investors and market watchers will likely keep a close eye on AVG Logistics' upcoming financial results and any further insider trading activities.

Historical Stock Returns for AVG Logistics

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+1.21%-2.76%+2.03%-11.80%-47.16%+32.20%
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AVG Logistics Secures ₹20 Crore Loan to Enter Liquid Chemical Transportation Market

2 min read     Updated on 24 Jul 2025, 09:41 PM
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Reviewed by
Naman SharmaScanX News Team
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Overview

AVG Logistics Limited has secured a ₹20 crore term loan from an NBFC to expand into liquid chemical transportation. The funds will be used for working capital and capital expenditure, including importing ISO tank containers and fleet expansion. The company plans to integrate this new service with its existing rail-based logistics, catering to industries such as chemicals and oils. This move aims to offer sustainable logistics solutions and reduce carbon emissions. AVG Logistics, founded in 2010, provides various logistics services across India and serves major corporations like Nestle and Hindustan Unilever Limited.

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*this image is generated using AI for illustrative purposes only.

AVG Logistics Limited , a prominent multimodal logistics solutions provider in India, has announced a significant expansion into the liquid chemical transportation segment. The company has secured a ₹20 crore term loan facility from a leading Non-Banking Financial Company (NBFC) to support this strategic move.

Funding Allocation

The newly acquired funds will be utilized for two primary purposes:

  1. Working capital requirements
  2. Capital expenditure, specifically for:
    • Importing ISO tank containers
    • Fleet expansion

Expansion into Liquid Chemical Transportation

AVG Logistics is venturing into the specialized domain of liquid chemical transportation, which the company describes as a rapidly growing segment within the Indian logistics industry. This move aligns with AVG's vision of offering sustainable and reliable logistics solutions to India's top businesses.

Integration with Existing Services

The company plans to integrate liquid chemical transport through ISO tank containers with its existing rail-based logistics services. This integration aims to cater to industries such as:

  • Chemicals
  • Oils
  • Other liquid commodities

Environmental Impact

By combining ISO tank containers with rail-based logistics, AVG Logistics is contributing to more environmentally responsible supply chain practices. This approach is expected to reduce carbon emissions and promote greener transportation methods.

Management's Perspective

Sanjay Gupta, Managing Director of AVG Logistics Limited, commented on the development:

"This strategic initiative marks a new chapter in our commitment to deliver innovative, efficient, and sustainable bulk liquid transport solutions to customers across industry. By integrating ISO tank containers into our logistics portfolio, we are expanding our capabilities and also strengthening our role as a reliable partner in this niche segment."

Company Overview

AVG Logistics Limited, founded in 2010, has established itself as a trusted logistics partner for businesses across India. The company offers a wide range of services, including:

  • Road and rail transportation
  • Reefers/cold chain services
  • Warehousing
  • Third-Party Logistics Services (3PL)

Operational Highlights

  • Over 50 fully automated branches pan-India
  • 3000+ fleet of hired & owned vehicles
  • 705,000 sq. ft. of warehousing space
  • 600+ workforce of dedicated professionals

Financial Performance

AVG Logistics reported the following financial metrics:

Financial Metric Amount (in ₹ crore)
Revenue 551.52
EBITDA 95.57
PBT 26.33

Client Portfolio

AVG Logistics serves a diverse range of clients, including major corporations such as:

  • Nestle
  • Hindustan Unilever Limited (HUL)
  • ITC
  • TATA Steel
  • Coca Cola

This strategic expansion into liquid chemical transportation is expected to further diversify AVG Logistics' service offerings and strengthen its position in the Indian logistics market.

Historical Stock Returns for AVG Logistics

1 Day5 Days1 Month6 Months1 Year5 Years
+1.21%-2.76%+2.03%-11.80%-47.16%+32.20%
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