Arvind & Company Shipping Agency Company Profie:Products,Promoters and Clients

Arvind & Company Shipping Agency Company Description

Arvind and Company Shipping Agency was founded in September 1987 and specialises in the transportation and forwarding of cargo agents.

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Q1.What are the Products and Service offerings of the Company?

The company operates a chartering business, which includes renting out barges for business use. The company has five barges as of FY23: "Arcadia Sumeru," "KB-26," "KB-32," "KB-28," and "Arcadia Minica."

Services

The company uses flat top barges, hopper barges, spud barges, crane mounted barges, cargo barges, and tugs for cargo when operating its boats. The company distributes equipment to international corporations and offers services connected to marine vessels and ancillary equipment.

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Q2.Who are the Promoters of the Company?

Mr. Arvind Kantilal Shah aged 76 years is Promoter and Chairman cum Managing Director of the Company. Originally, he was appointed as a director since the incorporation of the company, i.e., since September 01, 1987 and his designation was changed to Chairman cum Managing Director, liable to retire by rotation for a period of five years w.e.f. April 05, 2023. He is having experience of more than 50 years in Barge Hiring Industry, 15 years of experience in construction industry as well as experience in manufacturing and dealing of food and vegetation for more than 45 years. He has been instrumental in taking major policy decision of the Company and also in leading the Company. He is playing vital role in formulating business strategies and effective implementation of the same. He has been instrumental in taking major policy decision of the Company and also in leading the Company. He is playing vital role in formulating business strategies and effective implementation of the same. 

Mr. Vinit Arvind Shah aged 45 years is a Promoter and Whole Time Director of the Company. Originally, he was appointed as Executive Director (Promoter Category) w.e.f. November 01, 2020 and his designation was changed to Whole Time Director, liable to retire by rotation, w.e.f. April 05, 2023 for a period of 5 years. He has completed his Master of Business Administration in International Management in the year 2001 from Monterey Institute of International Studies. He is having experience of more than 15 years in stevedoring and shipping industry as well as 15 years of experience in construction industry. He has experience in cargo handling, port activities, financial functions & operational efficiency, with short term strategy to manage business operation in shipping industry.

Q3.Who are the Clients of the Company?

The company serves various clients across India,bit no specific names were disclosed.

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(By Medhansh Bairaria)