- **lead** - CDG Petchem is a company in the middle of a complete reinvention. Originally a small player trading chemicals and making plastic products, it has been systematically dismantling its old businesses and, under the new ownership of the Jujhar Group, is pivoting entirely to become a specialist in automotive logistics, even renaming itself Jujhar Logistics Limited. The recurring pattern is a hard-nosed willingness to shut down or sell anything that cannot earn its keep-from polymer trading to wax processing-and redeploy the capital into a single, focused bet on vehicle transportation. # Business segments Two engines at opposite ends of a transformation-a legacy chemicals trading business being wound down, and a vehicle-logistics platform built through acquisition that now defines the company's future. ## 1. Vehicle logistics: the new core business **The company now moves new cars from factory gates to dealership showrooms across India for nearly every major automaker, using a fleet of over 400 specialised carriers.** - **A business bought, not built** - CDG Petchem entered vehicle logistics by acquiring a 51% stake in Jujhar Logistic and Travels Limited (JLTL) on 18 November 2025, instantly gaining an operating company with existing customers and a nationwide network rather than starting from scratch. - **Serves the who's-who of Indian auto** - JLTL's customer list includes Maruti, Mahindra, Tata, Kia, Hyundai, Skoda, Toyota, and Land Rover, giving it a diversified base across the country's largest car manufacturers. - **A network that reaches over 600 cities** - with more than 920 trained logistics professionals and a distribution footprint spanning the country, the business can deliver vehicles to dealerships in virtually every major market. - **GPS tracking is the operational backbone** - every carrier in the fleet uses real-time telematics and advanced fleet management systems, so both the company and its automaker clients can monitor a vehicle's location and condition from dispatch to delivery. ## 2. Chemicals trading: the legacy business in runoff **What remains is a scaled-back import and distribution operation for industrial chemicals, after the company sold its main trading subsidiary and shut its least profitable product lines.** - **A broad portfolio, now narrowed** - at its peak, the business imported and distributed everything from plastic raw materials and construction chemicals to pharma inputs and packaging films, serving industries like plastics, polymers, construction, and paint. - **The Korean sealant partnership** - one enduring relationship was with KCC Corporation of South Korea, where CDG Petchem acted as the pan-India importer and distributor for KORESEAL-branded PU and silicon sealants and PU foam, products used for sealing, insulation, and grouting in construction. - **Unprofitable lines were cut, not nursed** - the polymer trading segment was set to be gradually phased out with the intention of eventual closure after two years of declining contribution and no prospect of substantial growth, a decision consistent with the company's pattern of exiting businesses that cannot generate adequate returns. # Group structure and partners **A publicly listed shell with zero employees on its own payroll has been taken over by a new promoter group, which injected a vehicle-logistics subsidiary and is now the controlling shareholder.** - **A clean slate** - as of 31 March 2025, CDG Petchem had no employees on its rolls and no plant locations, having closed or sold every manufacturing and trading operation it once owned. - **The change of control** - on 9 April 2025, the founding Dugar family sold their entire 62.10% stake to Jujhar Constructions and Travels Private Limited, which became the new promoter and subsequently renamed the company Jujhar Logistics Limited. - **The sole operating subsidiary** - Jujhar Logistic and Travels Limited (JLTL), a public company incorporated in 2007, is now the only vehicle through which the company generates revenue, with CDG Petchem holding a 51% controlling stake acquired for cash in November 2025. - **The old subsidiary is gone** - Morbido Merchandise Private Limited, the chemicals distribution arm that was once wholly owned, was sold in stages and the shareholding fell below the subsidiary threshold in July 2025, severing the last structural link to the legacy trading business.