Shreeji Translogistics Ltd. Board to Consider Issue of Bonus Shares
Shreeji Translogistics Limited (STL), one of the large integrated national logistical solution providers in India, has announced that its board will meet on 21 December, 2023 to consider the proposal for issuance of bonus shares, and to consider the increase in authorized share capital of the company. The board will further consider seeking approval of the shareholders through Postal Ballot in respect of the above resolutions.
Recently, the company announced that it has successfully executed Railway Rake Handling & Shifting (H&S) and Transportation services into different locations namely Vishakhapatnam (Andhra Pradesh), Bhilai (Chhattisgarh), Haridwar (Uttarakhand). This reflects STL’s commitment to providing comprehensive and timely solutions for efficient handling and upliftment of steel materials from railway sidings. STL has extensive PAN India reach to this service, ensuring comprehensive coverage and accessibility across the nation.
Commenting on the announcement, the Management team of Shreeji Translogistics Limited, stated: “We are pleased to announce the extension of the field of Railway Rake Handling and transportation services in diverse locations namely Vishakhapatnam, Bhilai, Hardiwar by providing efficient and reliable logistics solutions. With a focus on punctuality, STL ensures swift and on-time handling of steel materials and streamlining supply chain processes.
This is a critical link between handling steel materials at railway siding and shifting them onto trailers for final delivery transportation (i.e Handling, Shifting and Transporting). This expansion underscores STL’s PAN India reach, fortifying its position as a comprehensive logistics partner with the capability to serve clients across the country.
We are eager to provide exceptional logistics solutions within the Railway Rake handling and transportation sector, reaffirming our standing as a preferred and distinguished trucking services provider. Customer satisfaction remains at the forefront of our commitment to excellence in every journey we undertake.”
Shreeji Translogistics Limited (STL) was incorporated in 1984, headquartered in Vashi, Navi Mumbai. The Company is engaged in freight management, logistic solutions, and warehousing services. It caters a range of logistical requirements from Over Dimensional Cargo (ODC) movement to bonded trucking movements. The various types of services provided by the Company include full truck load transport services (FTL), parcel and part truck load services/ less than truck load (LTL), import-export services and ODC services. It operates different types of trucks based on design and size along with varying capacities. Its container trucks are used for transportation of parcels, white goods, and consumer packaged goods (FMCG). The Company’s platform trucks are mainly used for import-export containers and also for transportation of heavy-duty goods like automotive parts and machineries. It owns and operates a fleet more than 300 owned trucks and more than 4,500 outsourced trucks. STL is led by a team of seasoned professionals with robust experience in the logistics sector.
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