Chartered Logistics Subsidiary Gets GIFT City Finance Registration

Chartered Logistics Ltd's wholly-owned subsidiary Chartered Comcare IFSC Ltd received Certificate of Registration from IFSCA to operate as a ship leasing finance company.
The registration permits operating lease of ships under IFSCA's Finance Company Regulations 2021 and Framework for Ship Leasing dated August 16, 2022.
GIFT SEZ Ltd issued a Letter of Approval valid until March 5, 2026, authorizing IFSC activities including ship leasing operations.
The registration is subject to multiple conditions including annual fee payments, compliance with FEMA, and maintaining valid SEZ approval.