AVG Logistics Signs LNG Transport Pact With Baidyanath LNG; Shares Rise 5%

MT Newswires Live

2025/12/26

AVG Logistics (NSE:AVG, BOM:543910) has signed into a memorandum of understanding with Baidyanath LNG to collaborate on the use of liquefied natural gas-powered transportation across select industrial logistics segments, according to an Indian bourse filing on Thursday.

Shares of AVG Logistics jumped over 5% in early trade on Friday.

Under the arrangement, Baidyanath LNG will provide access to LNG-powered vehicle fleets and filling stations, while AVG Logistics will deploy these solutions across its logistics network for customers in sectors such as steel, cement and fast-moving consumer goods.

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