Shree Vasu Logistics Limited informed the National Stock Exchange on April 24, 2026, regarding the outcome of its Board Meeting. The meeting, which concluded at 08:50 p.m. IST, focused on key leadership changes and shareholder approvals. This formal intimation was made under Regulation 30 of the SEBI Listing Obligations and Disclosure Requirements.
The primary highlight of the meeting was the appointment of Mr. Newaj Patel as the Chief Financial Officer (CFO) and Key Managerial Personnel (KMP) of the company, effective immediately. Mr. Patel is a qualified Chartered Accountant with extensive experience in financial management, auditing, and taxation. Additionally, the Board approved a Postal Ballot Notice to seek further approvals from the company’s shareholders.
Incorporated in 2007 and based in Raipur, Shree Vasu Logistics operates as a third-party logistics (3PL) provider specializing in warehousing, inventory management, and distribution services. The company serves as a Carrying and Forwarding Agent (CFA) with a significant presence in Central and Eastern India, particularly in Chhattisgarh. Throughout 2025, the company maintained its focus on enhancing its temperature-controlled warehousing facilities and expanding its secondary transportation network.
For the quarter ended December 2025, the company reported a total revenue of ₹55.82 Crore, reflecting a significant year-over-year growth of approximately 51.4% compared to ₹36.87 Crore in December 2024. However, the company faced a net loss of ₹1.13 Crore for the same period, down from a profit in the previous quarter. The promoter group, led by Shri Bhushan Garg and Mr. Atul Garg, holds a substantial 73.64% stake in the company as of late 2025. Notable individual shareholders include Veena Parakh and Ayush Agrawal.
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