Shreeji Translogistics has received approval to incorporate wholly owned subsidiary namely ‘Mihani Trading’. This will enable vertical expansion, strengthening the company’s position and accelerate its growth. The company will acquire 100% of paid up equity share capital of Mihani Trading consisting of 10,000 equity shares of face value of Rs 10 each aggregating to Rs 1 lakh. The indicative time period for completion of the acquisition is on receipt of Certificate of Incorporation from the Registrar of Companies, Mumbai. Mihani Trading is proposed to be engaged in the business of trading in all types of goods.
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.
