Live news , top stories, corporate news, company news, sector news, economy news, results analysis news, ceo interviews, fund manager interview, advisor interview, market news, bazaar talk, hot stocks news, ipo news, commodities news, mutual fund news, insurance news, news wire
25 July, 2017 00:20 IST
Patel Integrated Logistics to set-up warehouse facility at Bangalore
Source: IRIS | 30 Jun, 2017, 09.47AM
Comments  |  Post Comment

Patel Integrated Logistics has executed loan documents of amount of Rs 50.0 million with Small Industries Development Bank of India (SIDBI) for setting up warehouse facility at Bangalore on 2.20 acres land obtained on very long term lease of 99 years from Karnataka Industrial Areas Development Board (KIADB).

This step has been taken by the company as a part of its aggressive plan for expanding warehouse business on a pan India Basis. In addition the company is actively looking for setting up warehouse facilities in Gujarat and Chennai.

Shares of the company gained Rs 2.95, or 3.33%, to trade at Rs 91.50. The total volume of shares traded was 9,839 at the BSE (9.39 a.m., Friday).





Patel Integrated Logistics Limited   (Q,N,C,F)*

Comments Post comment 
 Post Comment
Name Email
Comment
Security Code type    into this box
Sector
Moody's affirms ratings of seven and downgrades ratings of two Indian public sector banks - 24-Jul-2017 16:28
Moody's affirms ratings of Axis Bank, ICICI Bank; revises outlooks to stable - 24-Jul-2017 16:22
Ashok Leyland bags order worth Rs 6.50 bn - 24-Jul-2017 15:51
Lupin receives USFDA approval for Fluocinonide Topical Solution - 24-Jul-2017 15:29
Vijaya Bank Q1 net rises 58% - 24-Jul-2017 13:51
HDFC Bank Q1 net grows 20% to Rs 38.9 bn - 24-Jul-2017 13:36
MRSS acquires 100% stake in Market Probe Asia Pacific - 24-Jul-2017 12:28
Nucleus Software extends digitization capability of FinnOne Neo mCollect - 24-Jul-2017 11:08
Bank of Baroda enters into MoU with DGS&D - 24-Jul-2017 11:02
Zee Entertainment concludes acquisition of balance 49% stake in IWPL - 24-Jul-2017 10:27
Strides Shasun receives USFDA approval for Cetirizine Softgel Capsules - 24-Jul-2017 10:20
more...
Home  |   Shares  |   F&O  |   Mutual Funds  |   Loans  |   Insurance  |   News Centre
Wealth Tracker  |   Newsletters  |   Tax Corner  |   NRI Centre  |   Advertise
© All rights reserved. IRIS Business Services Limited
A Disclaimer