The company was originally incorporated as ‘Shree Vasu Logistics Private Limited’ at Raipur, Chhattisgarh as a Private Limited Company under the provisions of Companies Act, 1956 vide Certificate of Incorporation dated March 21, 2007 issued by Registrar of Companies, Madhya Pradesh and Chhattisgarh. Subsequently, the company was converted into a public limited company pursuant to shareholders resolution passed at Extra-ordinary General Meeting of company held on January 18, 2018 and the name of company was changed to ‘Shree Vasu Logistics Limited’ and a fresh certificate of incorporation consequent upon Conversion of Private Company to Public Limited dated February 06, 2018 was issued by Registrar of Companies, Chhattisgarh.
Business area of the company:
The company is engaged in providing various logistic services such as acting as Carrying and Forwarding Agent, Warehousing and Inventory Management and Distribution Management through Secondary Transportation. It has positioned itself as a third party Logistics Services Provider (LSP). It operates the business mainly through carrying and forwarding agent model in the domestic market. At present, it is serving diverse industries like FMCG, Automotives, food, Electronics, Industrial Equipments and Electricals, Lifestyle Products etc.
Key Events and Milestones:
- 2007: Incorporated as a Private Company in the name and style of ‘Shree Vasu Logistics Private Limited’.
- 2007: Acquired business of Raipur Forwarding Services, Proprietorship Concern of one of its Promoters Atul Garg.
- 2007: Acquired business of Yashraj Logistic; Proprietorship Concern of one of its Promoters Anil Garg. ie. Karta of Atul Garg HUF.
- 2007: Acquired business of Shree Enterprises, Proprietorship Concern of one of its Promoters Shree Bhushan Garg.
- 2007: Acquired business of Shree Logistics, Proprietorship Concern of one of its Promoters Shree Bhushan Garg ie. Karta of Shree Bhushan Garg HUE.
- 2015: Received MQH (Making Quality Happen) Award from IMC Ramkrislma Bajaj National Quality Award.
- 2016: Received a Commendation Certificate for Food Safety from Confederation of Indian Industry (CII).
- 2016: Received MQH (Making Quality Happen) Award from IMC Ramkrishna Bajaj National Quality Award Trust.
- 2018: Change of name pursuant to Conversion of the company from ‘Shree Vasu Logistics private Limited’ to ‘Shree Vasu Logistics limited’.