Shreeji Translogistics’ Board has approved investing in a proposed New Subsidiary Company - TKD Digitrans Tech by subscribing to 51% paid up equity share capital consisting of 5,100 equity shares of face value of Rs 10 each. TKD Digitrans Tech is proposed to be engaged in the business of providing digital solutions in Transportation and Logistics sector.
TKD Digitrans Tech is proposed to be incorporated in Bangalore, India and upon incorporation, the proposed New Subsidiary Company shall carry on the business of providing digital solutions in transportation and logistics sector on electronic platform and setting up online platforms and software applications that will help the buyers, sellers and others effectively reach each other across the globe for the transportation of goods. The Board of Directors of the company, at its meeting held on August 22, 2022, has considered and approved the same.
Shreeji Translogistics provides logistics services. The company offers truck load transport, parcel delivery, import-export, bonded trucking, warehousing, shipping line container movement, and value added services.