Container Corporation Of India Ltd.

BSE: 531344 | NSE: CONCOR
Mid Cap | Logistics
516.65
-3.10 (-0.60%)
< Home < Back

CONCOR to surrender 15 terminals to railways on business viability issues

Date: 05-05-2020
Container Corporation of India (CONCOR) is surrendering its 15 terminals with a turnover of Rs 277.50 crore to railways due to commercial and business viability considerations. These terminals, spread across various states, have net block worth Rs 64.84 crore.

CONCOR is a Public Sector Undertaking, under Ministry of Indian Railways which was incorporated in March 1988 under the Companies Act, and commenced operation from November 1989 taking over the existing network of 7 ICDs from the Indian Railways.