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Patel Integrated Logistics gets nod for sale of its surface transport business

18 Apr 2019 Evaluate

Patel Integrated Logistics has received approval from its board for sale and transfer of company's surface transport business carried on in a division called ‘Patel Roadways’ on a going concern basis by way of Slump sale to Innovative Logistics Service, which is a wholly owned subsidiary of Stellar Value Chain Solutions upon terms and conditions contained in. The business transfer agreement being entered between the company and purchaser is for a total consideration of Rs 38.50 crore.

Patel Integrated Logistics offers International as well as domestics transporation services, and distribution services. The company is also engaged in the business of Co-Loading of Courier, Surface Transportation, Consolidation of Cargo.

Patel Integrated Log Share Price

11.89 0.22 (1.89%)
23-Apr-2026 16:59 View Price Chart
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