Joint Venture18 Dec 2024, 07:29 pm
Eiko Lifesciences' Subsidiary Enters Container Management Service Agreement with S J Logistics
AI Summary
EikoVivify Logistics Private Limited, a subsidiary of Eiko Lifesciences Limited, has entered into a Container Management Service Agreement with S J Logistics (India) Limited. The agreement, signed on 18th December, 2024, is for carrying out business operations relating to leasing, renting, and managing shipping containers for logistics, storage, and transportation of goods along with maintenance and management of cargo containers. The agreement is expected to generate a direct revenue stream of approximately Rs. 65 Crores (Sixty-Five Crores only) over a period of 5 years.
Key Highlights
- EikoVivify Logistics Private Limited has entered into a Container Management Service Agreement with S J Logistics (India) Limited.
- The agreement is for carrying out business operations relating to leasing, renting, and managing shipping containers.
- The agreement is expected to generate a direct revenue stream of approximately Rs. 65 Crores over a period of 5 years.
- S J Logistics is a premier international logistics service provider with a market capitalization of around Rs. 1000 Crores.
- The agreement is a testament to Eiko Lifesciences' future growth and success in the logistics services sector.