Chartered Logistics to avail working capital loan, evaluate EV trucks

Chartered Logistics Ltd announced that its Board of Directors, in a meeting held on August 27, 2026, approved availing a working capital term loan facility from HDFC Bank. The board also decided to explore the adoption of Electric Vehicles (EV trucks) for its logistics operations. This initiative is expected to yield long-term operational and cost benefits, including lower fuel and maintenance expenses, and contribute to the company's commitment to sustainable business practices and environmental responsibility. The specifics regarding the number of EV trucks, investment, financing, and timeline are currently under evaluation.