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Chartered Logistics subsidiary receives approval to start finance business at GIFT City; stock soars 6%

News by Aliceblue News Desk

13 Apr 2026

Chartered Logistics subsidiary receives approval to start finance business at GIFT City; stock soars 6%

Introduction

Leading logistics firm subsidiary receives registration to commence finance business at GIFT IFSC and approval for ship leasing unit under SEZ framework in Gujarat.

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Share price movement of Chartered Logistics

On April 13, 2026, Chartered Logistics Ltd opened at ₹6.61, down 3.65% from its previous close of ₹6.86. The stock reached a high of ₹7.29 (6.27%) and a low of ₹6.61. By 12:10 PM, it traded at ₹7.18, a 4.66% increase, with a market cap of ₹91.29 crore.

Chartered Logistics Subsidiary Approval

Chartered Logistics Limited informed that its wholly owned subsidiary Chartered Comcare IFSC Limited has received Certificate of Registration to commence business as a finance company at GIFT IFSC, Gujarat.

The subsidiary also received Letter of Approval from GIFT SEZ Limited to set up a unit for ship leasing operations under IFSCA Finance Company Regulations 2021 framework.

Stock performance of Chartered Logistics for period of 1 week, 6 months, and 1 year

Chartered Logistics Ltd delivered a 1-week return of 8.89%, a 6-month return of -13.7%, and a 1-year return of -15.8%.

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Shareholding pattern of Chartered Logistics

ParticularsDec 2025Sep 2025Jun 2025
Promoter35%37.10%37.10%
FII0.00%0.00%0.00%
DII0%0%0%
Public65%63%63%

About Chartered Logistics

Chartered Logistics Ltd (BSE: 531977) provides logistics services including road transport, warehousing, freight, door-to-door delivery, project cargo, and customized carrier solutions across India.

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Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.

FAQs

Q: Why is Chartered Logistics Ltd share price rising today?

A: Chartered Logistics Ltd share price rises after subsidiary receives GIFT IFSC registration and approval for ship leasing operations under SEZ framework.

Q: What is Chartered Logistics Ltd’s main business focus?

A: Chartered Logistics Ltd provides logistics services including road transport, warehousing, freight, door-to-door delivery, and project cargo solutions across India.

Q: What are the 52-week high and low of Chartered Logistics Ltd stock?

A: Chartered Logistics Ltd stock has a 52-week high of ₹10.88 and a 52-week low of ₹4.80.

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