AVG Logistics Director Boosts Stake, Company Faces SEBI Fine
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.
24Jul 25
AVG Logistics Secures ₹20 Crore Loan to Enter Liquid Chemical Transportation Market
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.
AVG Logistics has obtained banking facilities of ₹112.00 crore to fund its capital expenditure for FY 2025/26. The company projects this investment will generate approximately ₹100.00 crore in annual revenue. This strategic move aims to enhance operational capabilities and strengthen AVG Logistics' market position in the logistics sector.
05May 25
AVG Logistics Secures Rs 198 Crore Contract with Indian Railways for Parcel Express Trains
AVG Logistics Ltd has secured a 6-year contract with Indian Railways for operating leased Parcel Express Trains. The contract is valued at approximately Rs 198 crore, providing an average annual revenue of Rs 33 crore. This strategic partnership is expected to strengthen AVG's position in the logistics sector and significantly boost its revenue stream.