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MFL India to sell investment in Artha Carriers

16 Jan 2018 Evaluate

MFL India has decided to sell the investment in Artha Carriers, in order to cease the status of Subsidiary company (Which is not a Material Subsidiary Company). The Board of Directors of the Company at their meeting held on January 15, 2018, proposed the same.

MFL India is a premier transport and logistics company with Pan-India coverage; having a self-owned fleet of mixed variety high-volume / heavy-weight cargo carriers; along-with a diversified portfolio of transportation services that includes dedicated high-capacity trucks, temperature-controlled Reefer trucks and flatbed trailers; medium-to-long-haul, regional and local services; and expedited services.

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