India's AVG Logistics gains on Kaizen acquisition
20/03/2025 07:29
** Shares of AVG Logistics AVGL.NS rise exchange-allowed maximum of 5% to 239.90 rupees ** The logistics company on Wednesday said it has acquired 99% stake in Kaizen Logistics ** Adds, acquisition of Kaizen Logistics shall provide enhanced operational capabilities and expanded footprint in sectors, including FMCG, beverages, metals and industrial chemicals ** Stock down 35.8% YTD (Reporting by Ashish Chandra in Bengaluru) ((ashish.chandra@thomsonreuters.com (+91 7982114624))
Recent news on AVG Logistics
See all newsBrief: Average Logistics Gets Order Worth 350 Million Rupees
Brief: Average Logistics Approves Rights Issue Of Equity Shares For Up To 530 Million Rupees
Brief: Average Logistics Appoints Rajesh Rohilla As CFO
India's AVG Logistics gains on tie-up with Nestlé India, Ashok Leyland
Brief: AVG Logistics Enters MoU With Baidyanath LNG