Mahindra Logistics Share price

The Company was incorporated under its present name as a public limited company under the Companies Act 1956 pursuant to the certificate of incorporation dated August 24 2007 granted by the RoC. The Company was granted the certificate for commencement of business dated October 15 2007 by the RoC. the Promoter Mahindra & Mahindra Limited through its logistics division Mahindra Logistics - undertook the business of providing logistics solutions warehousing freight forwarding and supply chain services (the “Logistics Business”). Pursuant to a business transfer agreement dated September 11 2008 between the Promoter and the Company the entire Logistics Business was transferred to the Company. Subsequently the Logistics Business has since then been undertaken by the Company and the Subsidiaries. Major events and milestones of the Company 2000- Logistics business was set up as a separate division of Mahindra & Mahindra Limited2009- Logistics Business of Mahindra & Mahindra Limited was transferred to the Company2011- Achieved Rs.10000 million of revenue from operations2014- Investment by Normandy and Kedaara AIF in the Company-  Entered e-commerce sector by starting operations for one of India’s leading ecommerce companies2015- Appointed a reputed strategic consultancy firm to help with a business transformation exercise- Acquisition of Lords by the Company-  Entered into a joint venture with IVC to form 2X2 Logistics2016 - Entered into business contract with one of the largest steel producers in India2017- Achieved Rs.25000 million of revenue from operationsAwards achievements and certifications2014- Best 3PL Company of the Year’ - 2013 at the 7thAnnual Express Logistics & Supply Chain (ELSC) Awards- MLL won the IT Synergy for Sustainability Award at the Mahindra Rise Awards- Brand Excellence in Supply Chain & Logistics’ Award at the 4th Annual CMO Asia Awards- Manufacturing 3PL Service Provider of the Year 2014’ at the 3rd Asia Manufacturing Supply Chain Summit- Two silver awards for its Public Service Campaign “Begin your courtesy with a glass of water” & “H2OLI– Save Water Celebrate Dry Holi” at the 8th Global Communication Conclave 2014 organized by the Public Relations Council of India on 15th February 2014- Customer Award from Renault - Nissan Automotive India Pvt. Ltd. - Appreciation for maximum value of the month- Customer Award from Renault - Nissan Automotive India Pvt. Ltd. - Best Performer Award Highest volume supporter-Domestic”- Customer Awards - GSK2015 - SCALE (Supply Chain and Logistics Excellence) award by CII Institute of Logistics- Leading Woman in Logistics’ at the 5th Annual Women Leaders in India Awards held on 12th June at Mumbai- 3PL Company of the Year - Automotive' at 8th Express Logistics Supply Chain Awards 2014- Porter Prize 2014 for Leveraging Unique activities- Manufacturing Supply Chain Provider of the Year – Engineering’ award at the 4th Asia Manufacturing Supply Chain Awards- Six awards at the PRCI Corporate Collateral Awards 20152016 - SCALE award - Excellent Position in Supply chain & Logistics 3PL- “Best Warehousing Practices Award” by IIMM Indian Institute of Materials Management)- Lords won “Emerging Service Provider” at Indian Chamber of Commerce Supply Chain & Logistics Excellence Awards 2017- “CSR Initiative of the Year” award by ELSC awards- 3PL Company of the Year’ award at Logistics Asia Awards 2016- Customer Award - Honda Motorcycle and Scooter India Pvt. Ltd.- SCALE award - Logistics Company of the Year- Outstanding Women Leadership Award at the World Women Leadership Congress & Awards- Women Leadership Award for Excellence in Logistics and Supply Chain at the World Women Leadership Congress & Awards- 2x2 Logistics - Customer Award - Honda Cars India Ltd.- ‘3PL Achiever of the Year’ at Global Logistics Excellence Awards 2017