Mahindra Logistics has incorporated wholly-owned subsidiary namely ‘V-Link Freight Services’ (VFSPL) in Mumbai, Maharashtra. VFSPL will carry on logistics, supply chain management, freight forwarding, charter and related businesses, across geographies. The company has acquired 100% equity stake in VFSPL by subscribing 10 lakh equity shares of the face value of Rs 10 per share aggregation to Rs 1 crore.
Mahindra Logistics provides logistics solutions, warehousing facilities, freight forwarding and supply chain management services. It also provides people transport solutions, a specialised line of business which helps corporate clients move employees to and from the workplace.
