Ritco Logistics Limited
Incorporated in 2001, Ritco LogisticsLtd is engaged in Transportation activities
What Ritco files
- Others60
- Important36
- Board Meeting16
- Results7
- Updates6
- Investor Meet4
Ritco Logistics secured new business worth 388 Cr, highlighted by a major 334 Cr long-term contract with HRRL and a key engagement with IOCL. Additional wins across FMCG, steel, and cement bolster revenue visibility. Meanwhile, step-down subsidiary TrucksUp raised 78.26 Cr in growth financing, reaching a 403.26 Cr post-money valuation...
Ritco Logistics has announced its 25th Annual General Meeting (AGM) will be held via VC/OAVM. Share transfer books will be closed from 24th September to 30th September for the AGM.
Ritco Logistics' subsidiary TrucksUp Solutions secured ₹78.26 Cr in growth funding from institutional investors, family offices, and co-founders. Capital will strengthen technology, expand teams, enhance its freight-matching engine, and integrate numerous SMEs onto its digital network.
Ritco Logistics secured new contracts worth ~₹342 Cr, including a ~₹334 Cr HRRL deal for polymer distribution and new warehousing projects with MRPL & OPAL. Its TrucksUp platform saw strong traction: ₹27 Cr FASTag GMV, ₹2.5 Cr fuel card GMV, ₹4.3 Cr in vehicle financing, and ₹0.40 Cr from GPS....
Ritco Logistics adjusted its stock option plans. 2,500 unvested options from ESOP 2022 were cancelled due to an employee's departure. Concurrently, 73,000 new options were approved for grant under ESOP 2023. Total outstanding options now stand at 137,250 (ESOP 2022) and 312,000 (ESOP 2023).