Kale Consultants Ltd, a leading solutions provider to the global Airline, Airports, Logistics and Travel (AALT) industry, plans to hive off logistics business.
The company said in a BSE filing that the members, by way of postal ballot, have passed the resolution for sale, lease, transfer or disposal of the logistics business undertaking of the company under section 293 (1)(a) of the Companies Act, 1956, with requisite majority.