StockWatch
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Logistics Solution Provider
Investment11 Feb 2026, 04:38 pm

BLT Logistics Ltd: Board Meeting Revision Approves Investment in Renewable Energy Private Limited, Incorporation of Wholly Owned Subsidiary in Dubai

AI Summary

BLT Logistics Ltd held a Board Meeting on 06th February, 2026, where they approved several key agenda items. The meeting was a continuation of the earlier intimation dated 06th February, 2026. The Board approved an investment by way of subscription to equity shares of BLT Renewable Energy Private Limited. They also approved the proposal of Incorporation of a wholly owned subsidiary of BLT Logistics Limited in Dubai, United Arab Emirates. The necessary documents for the incorporation will be executed and signed by Mr. Krishan Kumar, Managing Director and Mr. Rakesh Kumar, Whole-time Director. The company will own 1500 equity shares in BLT Renewable Energy Private Limited and the cost of acquisition will be T10 each. The proposed subsidiary will be incorporated in Dubai, UAE, and will carry out business in the consultancy services sector.

Key Highlights

  • BLT Logistics Ltd approved an investment in BLT Renewable Energy Private Limited.
  • The company will own 1500 equity shares in BLT Renewable Energy Private Limited.
  • The cost of acquisition for each share is T10.
  • BLT Logistics Ltd approved the incorporation of a wholly owned subsidiary in Dubai, UAE.
  • The proposed subsidiary will operate in the consultancy services sector.