Mahindra Logistics Ltd. Company History and Annual Growth Details

The Company was incorporated under its present name as a public limited company under the Companies Act, 1956 pursuant to the certificate of incorporation dated August 24, 2007 granted by the RoC. The Company was granted the certificate for commencement of business dated October 15, 2007 by the RoC. the Promoter, Mahindra & Mahindra Limited, through its logistics division, Mahindra Logistics - undertook the business of providing logistics solutions, warehousing, freight forwarding and supply chain services (the ÂLogistics BusinessÂ). Pursuant to a business transfer agreement dated September 11, 2008 between the Promoter and the Company, the entire Logistics Business was transferred to the Company. Subsequently, the Logistics Business has since then been undertaken by the Company and the Subsidiaries.

Major events and milestones of the Company

2000

- Logistics business was set up as a separate division of Mahindra & Mahindra Limited

2009

- Logistics Business of Mahindra & Mahindra Limited was transferred to the Company

2011

- Achieved Rs.10,000 million of revenue from operations

2014

- Investment by Normandy and Kedaara AIF in the Company

- Entered e-commerce sector by starting operations for one of IndiaÂs leading ecommerce companies

2015

- Appointed a reputed strategic consultancy firm to help with a business transformation exercise

- Acquisition of Lords by the Company

- Entered into a joint venture with IVC to form 2X2 Logistics

2016

- Entered into business contract with one of the largest steel producers in India

2017

- Achieved Rs.25,000 million of revenue from operations

2014

- Best 3PL Company of the YearÂ - 2013 at the 7thAnnual Express, Logistics & Supply Chain (ELSC) Awards

- MLL won the IT Synergy for Sustainability Award, at the Mahindra Rise Awards

- Brand Excellence in Supply Chain & LogisticsÂ Award at the 4th Annual CMO Asia Awards

- Manufacturing 3PL Service Provider of the Year 2014Â at the 3rd Asia Manufacturing Supply Chain Summit

- Two silver awards for its Public Service Campaign ÂBegin your courtesy with a glass of waterÂ & ÂH2OLI

Â Save Water Celebrate Dry HoliÂ at the 8th Global Communication Conclave 2014 organized by the Public Relations Council of India on 15th February 2014

- Customer Award from Renault - Nissan Automotive India Pvt. Ltd. - Appreciation for maximum value of the month

- Customer Award from Renault - Nissan Automotive India Pvt. Ltd. - Best Performer Award Highest volume supporter-DomesticÂ

- Customer Awards - GSK

2015

- SCALE (Supply Chain and Logistics Excellence) award by CII Institute of Logistics

- Leading Woman in LogisticsÂ at the 5th Annual Women Leaders in India Awards held on 12th June at Mumbai

- 3PL Company of the Year - Automotive' at 8th Express Logistics Supply Chain Awards 2014

- Porter Prize 2014 for Leveraging Unique activities

- Manufacturing Supply Chain Provider of the Year Â EngineeringÂ award at the 4th Asia Manufacturing Supply Chain Awards

- Six awards at the PRCI Corporate Collateral Awards 2015

2016

- SCALE award - Excellent Position in Supply chain & Logistics 3PL

- ÂBest Warehousing Practices AwardÂ by IIMM Indian Institute of Materials Management)

- Lords won ÂEmerging Service ProviderÂ at Indian Chamber of Commerce Supply Chain & Logistics Excellence Awards

2017

- ÂCSR Initiative of the YearÂ award by ELSC awards
- 3PL Company of the YearÂ award at Logistics Asia Awards, 2016
- Customer Award - Honda Motorcycle and Scooter India Pvt. Ltd.
- SCALE award - Logistics Company of the Year
- Outstanding Women Leadership Award at the World Women Leadership Congress & Awards
- Women Leadership Award for Excellence in Logistics and Supply Chain at the World Women Leadership Congress & Awards
- 2x2 Logistics - Customer Award - Honda Cars India Ltd.
- Â3PL Achiever of the YearÂ at Global Logistics Excellence Awards 2017

2018

-Mahindra Logistics will invest up to Rs 7 crore in Transtech Logistics (TLPL), which provides transport management solutions under the brand name 'ShipX',Â

2021

-Mahindra Logistics announced the launch of its cargo last-mile delivery service under the brand name 'EDel'. Recognized for its 3PL services, MLL enters into new service line of sustainable last-mile logistics and fulfilment with 'EDel' for customers in E-Commerce, FMCG and other markets. EDel would initially operate across 6 major cities in India including Bengaluru, New Delhi, Mumbai, Pune, Hyderabad and Kolkata, before expanding to a total of 14 cities in the next 12 months.

2025

-The company issued rights shares of Rs. 10 in the ratio of 3:8 at a premium of Rs. 267 per share.

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