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.