Kaushalya Logistics Limited Announces Major Forwarding Agreement with HFCL Limited

Kaushalya Logistics Limited (NSE: KLL) signs an agreement with HFCL Limited to enhance logistics services by using GPS-enabled closed-body container trucks, covering loading, documentation, and unloading processes. This follows recent partnerships with Indiabulls Enterprise Limited and STP Ltd., strengthening KLL's market leadership.

Kaushalya Logistics Limited (NSE: KLL), a diversified conglomerate known for its logistic support to cement players, has signed a new freight forwarding agreement with HFCL Limited. The deal is set to expand KLL's logistics services through the provision of GPS-enabled closed-body container trucks.

As per the agreement, KLL will manage the complete logistics process. This includes the placement of a representative at HFCL's warehouse to oversee material loading and documentation, as well as handling the unloading at the delivery site. Necessary equipment like forklifts and labor will also be provided by KLL. This strategic move follows recent partnerships with Indiabulls Enterprise Limited and STP Ltd., marking significant advancements in KLL's growth trajectory.

Uddhav Poddar, Managing Director of Kaushalya Logistics Limited, expressed his excitement about the new agreement, stating, 'This partnership represents a significant step forward in our freight forwarding capabilities. With our dedicated team, from material loading to delivery, we can ensure seamless operations supported by real-time tracking and efficient unloading solutions. This agreement, along with our recent partnerships, will drive our strategic growth, positioning KLL as a leader in the freight forwarding sector.'

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(With inputs from agencies.)