With reference to earlier announcement dated July 23, 2021 regarding setting up of Inland Container Depot and Private Freight Terminals, Navkar Corporation has informed about the following developments: The Inter-Ministerial Committee Government of India, Ministry of Finance, Department of Revenue have accorded approval and issued Letter of Intent (LOI) for setting up of an Inland Container Depot at Manaba, District Morbi, Gujarat; The Office of Divisional Railway Manager (Operations), Ahmedabad have accorded In-principle approval for construction of Private Freight Terminal at Manaba Taluka Maliya, Dist. Morbi connecting from Wadharwa Station of Ahmedabad Division.
The above information is a part of company’s filings submitted to BSE.