Cargosol Logistics
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Cargosol Logistics’ board approved a proposal on July 4 to raise up to USD 15 million through Foreign Currency Convertible Bonds, a sharp increase from the USD 10 million figure discussed earlier. The FCCBs will be issued on a private-placement basis internationally, subject to shareholder and regulatory approvals. At the current exchange rate, the planned issuance is approximately six times the company’s total market capitalization of ₹21 crores. An extraordinary general meeting is scheduled for July 31 to seek member approval for the fundraise.
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Cargosol Logistics’ board approved a proposal on July 4 to raise up to USD 15 million through Foreign Currency Convertible Bonds, a sharp increase from the USD 10 million figure discussed earlier. The FCCBs will be issued on a private-placement basis internationally, subject to shareholder and regulatory approvals. At the current exchange rate, the planned issuance is approximately six times the company’s total market capitalization of ₹21 crores. An extraordinary general meeting is scheduled for July 31 to seek member approval for the fundraise.
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July 1 (Reuters) - Cargosol Logistics Ltd CARG.BO:
BOARD TO CONSIDER FUND RAISING VIA SECURITIES ON JULY 4, 2026
Source text: ID:nBSE3vxcN8
Further company coverage: CARG.BO
(([email protected];;))
July 1 (Reuters) - Cargosol Logistics Ltd CARG.BO:
BOARD TO CONSIDER FUND RAISING VIA SECURITIES ON JULY 4, 2026
Source text: ID:nBSE3vxcN8
Further company coverage: CARG.BO
(([email protected];;))
PARIS, April 29 (Reuters) - Cargill will invest $150 million to upgrade its French sunflower seed processing plant in Saint-Nazaire as it aims to meet a rise in demand for high-protein meal for animal feed, the U.S. agriculture group said on Wednesday.
The investment will reduce reliance on imports, while a new biomass boiler is expected to cut the plant's natural gas use, it said.
(Reporting by Sybille de La Hamaide; Editing by Emelia Sithole-Matarise)
(([email protected]; +336 8774 4148;))
PARIS, April 29 (Reuters) - Cargill will invest $150 million to upgrade its French sunflower seed processing plant in Saint-Nazaire as it aims to meet a rise in demand for high-protein meal for animal feed, the U.S. agriculture group said on Wednesday.
The investment will reduce reliance on imports, while a new biomass boiler is expected to cut the plant's natural gas use, it said.
(Reporting by Sybille de La Hamaide; Editing by Emelia Sithole-Matarise)
(([email protected]; +336 8774 4148;))
Sept 19 (Reuters) - Cargosol Logistics Ltd CARG.BO:
EXPANDING FLEET TO SUPPORT RISE IN ROAD TRANSPORTATION
Source text for Eikon: ID:nBSE6ZVYlJ
Further company coverage: CARG.BO
(([email protected];;))
Sept 19 (Reuters) - Cargosol Logistics Ltd CARG.BO:
EXPANDING FLEET TO SUPPORT RISE IN ROAD TRANSPORTATION
Source text for Eikon: ID:nBSE6ZVYlJ
Further company coverage: CARG.BO
(([email protected];;))
Sept 9 (Reuters) - Cargosol Logistics Ltd CARG.BO:
CARGOSOL LOGISTICS - STRATEGICALLY EXPANDING OPERATIONS, INCREASING WORKFORCE IN THAILAND
Further company coverage: CARG.BO
(([email protected];))
Sept 9 (Reuters) - Cargosol Logistics Ltd CARG.BO:
CARGOSOL LOGISTICS - STRATEGICALLY EXPANDING OPERATIONS, INCREASING WORKFORCE IN THAILAND
Further company coverage: CARG.BO
(([email protected];))
Jan 8 (Reuters) - Cargosol Logistics Ltd CARG.BO:
PROPOSED ESTABLISHMENT OF A NEW OFFICE IN THAILAND
Source text for Eikon: ID:nBSE86qRgW
Further company coverage: CARG.BO
(([email protected];))
Jan 8 (Reuters) - Cargosol Logistics Ltd CARG.BO:
PROPOSED ESTABLISHMENT OF A NEW OFFICE IN THAILAND
Source text for Eikon: ID:nBSE86qRgW
Further company coverage: CARG.BO
(([email protected];))
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Popular questions
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What does Cargosol Logistics do?
Cargosol Logistics Limited offers transportation, warehousing, and value-added services like packaging and custom clearance. It also provides NVOCC services and warehousing facilities in Maharashtra connected to manufacturing hubs.
Who are the competitors of Cargosol Logistics?
Cargosol Logistics major competitors are Amiable Logistic (I), East West Freight, Seacoast Ship. Ser., Cargotrans Maritime, Shreeji Translogist., Sanmit Infra, Accuracy Shipping. Market Cap of Cargosol Logistics is ₹23 Crs. While the median market cap of its peers are ₹59 Crs.
Is Cargosol Logistics financially stable compared to its competitors?
Cargosol Logistics seems to be less financially stable compared to its competitors. Altman Z score of Cargosol Logistics is 2.92 and is ranked 6 out of its 8 competitors.
Does Cargosol Logistics pay decent dividends?
The company seems to be paying a very low dividend. Investors need to see where the company is allocating its profits. Cargosol Logistics latest dividend payout ratio is 0% and 3yr average dividend payout ratio is 0%
How has Cargosol Logistics allocated its funds?
Companies resources are majorly tied in miscellaneous assets
How strong is Cargosol Logistics balance sheet?
Balance sheet of Cargosol Logistics is strong. It shouldn't have solvency or liquidity issues.
Is the profitablity of Cargosol Logistics improving?
Yes, profit is increasing. The profit of Cargosol Logistics is ₹0.57 Crs for TTM, ₹0.06 Crs for Mar 2025 and -₹4.27 Crs for Mar 2024.
Is the debt of Cargosol Logistics increasing or decreasing?
Yes, The net debt of Cargosol Logistics is increasing. Latest net debt of Cargosol Logistics is ₹26.97 Crs as of Mar-26. This is greater than Mar-25 when it was ₹23.69 Crs.
Is Cargosol Logistics stock expensive?
Cargosol Logistics is not expensive. Latest PE of Cargosol Logistics is 39.41, while 3 year average PE is 55.01. Also latest EV/EBITDA of Cargosol Logistics is 4.62 while 3yr average is 8.46.
Has the share price of Cargosol Logistics grown faster than its competition?
Cargosol Logistics has given better returns compared to its competitors. Cargosol Logistics has grown at ~-19.5% over the last 3yrs while peers have grown at a median rate of -20.63%
Is the promoter bullish about Cargosol Logistics?
Promoters stake in the company seems stable, and we need to go through filings and allocation of resources to gauge promoter bullishness. Latest quarter promoter holding in Cargosol Logistics is 73.53% and last quarter promoter holding is 73.53%.
Are mutual funds buying/selling Cargosol Logistics?
There is Insufficient data to gauge this.