Summary of Key Information:

Target Company: AVG Logistics Limited

Stock Exchange Listings:

NSE Scrip Code: AVG

BSE Scrip Code: 543910

Nature of Transaction / Event: Long-term transportation contract award

Contract Details:

  • Contract awarded by: Haldiram-Nagpur
  • Contract duration: 3 years
  • Annual revenue expected: Approximately ₹35 Crore
  • Number of vehicles deployed: 100 dedicated vehicles
  • Service regions: Western and Southern India, plus Odisha, Bihar, and Jharkhand

Commercial Considerations:

  • Broad commercial consideration: Approximately 35 crores per annum
  • Domestic contract award
  • Not a related party transaction
  • No promoter/promoter group/group company interest in the entity awarded the contract

Strategic Impact:

  • Represents a significant milestone in the Company's ongoing capacity expansion strategy
  • Strengthens position in the fast-moving consumer goods (FMCG) logistics sector
  • Enhances fleet capacity by 100 dedicated vehicles
  • Expected to improve fleet utilization and operational efficiencies
  • Provides greater revenue visibility over the medium term

Management Commentary:

Mr. Sanjay Gupta, Managing Director & CEO, stated: "This order represents a meaningful expansion of our fleet capacity and highlights the confidence that leading FMCG companies place in our capabilities. Strengthening our presence in the FMCG sector remains a key priority, and this deployment enables us to deliver more efficient, scalable, and reliable logistics solutions."

Company Background:

AVG Logistics Limited is a multimodal logistics solutions provider founded in 2010 with:

  • 70+ fully automated branches pan India
  • 3000+ fleet of hired & owned vehicles
  • 8,56,369 Sq. Ft. of warehousing space Pan India
  • 600+ workforce
  • FY25 financials: Revenue of ₹551.52 Cr, EBITDA of ₹95.57 Cr, PBT of ₹26.33 Cr

Key Executives Involved:

  • Mr. Vinayak Gupta, Chief Strategy Officer & ESG Head
  • Mr. Sumit Garg, Executive Vice President
  • Mr. Kamal Aggarwal from Haldiram-Nagpur

Regulatory Compliance:

Disclosure made under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Circular No. CIR/CFD/CMD 1412015 dated September 9, 2015