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CDG PETCHEM Ltd secures strategic last-mile transportation contracts with APL Logistics Vascor Automotive Private Limited



Posted On : 2025-12-23 21:26:33( TIMEZONE : IST )

CDG PETCHEM Ltd secures strategic last-mile transportation contracts with APL Logistics Vascor Automotive Private Limited

CDG PETCHEM LIMITED, is pleased to announce the award of two significant last-mile transportation contracts from APL Logistics (an automotive logistics service provider and a registered operator with Ministry of Railways under the AFTO policy.)

Under the first contract, CDG PETCHEM LIMITED will manage last-mile vehicle distribution from Ahmedgarh (Ludhiana) terminal to multiple destinations across Punjab, Himachal Pradesh, and Jammu & Kashmir. This engagement strengthens APL's distribution reach in northern India while ensuring timely, safe, and efficient vehicle deliveries to dealerships.

The second contract covers last-mile vehicle transportation from Sanand (Ahmedabad) terminal to various destinations across Gujarat, supporting seamless rail-to-road connectivity for automotive OEMs and ensuring end-to-end logistics efficiency.

Mr. Arshdeep Singh Mundi (Director) CDG PETCHEM LIMITED, said: "We are honoured to partner with APL Logistics for these critical last-mile operations. These contracts reaffirm our operational capabilities, regional expertise and commitment to delivering reliable and compliant automotive logistics solutions across challenging and high-growth markets."

The partnership reflects a shared focus on efficiency, safety, compliance, and customer satisfaction, reinforcing both companies' commitment to strengthening India's multimodal automotive logistics ecosystem.

Shares of CDG Petchem Ltd was last trading in BSE at Rs. 104.05 as compared to the previous close of Rs. 99.10. The total number of shares traded during the day was 1388 in over 10 trades.

The stock hit an intraday high of Rs. 104.05 and intraday low of 104.05. The net turnover during the day was Rs. 144421.00.

Source : Equity Bulls

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