Ritco Logistics Limited (BSE:542383) agreed to acquire 76% stake in Logro Sourcing Private Limited for INR 0.07 million on December 10, 2022. Ritco Logistics will pay cash by way of fund transfer. The transaction will make Logro Sourcing subsidiary company of Ritco Logistics. The transaction is expected to complete by December 12, 2022.

Ritco Logistics Limited (BSE:542383) completed the acquisition of 76% stake in Logro Sourcing Private Limited for INR 0.07 million In current financial year 2023.