SG Mart Acquires Tanwar Cargo Solutions for ₹85 Cr

SG Mart Ltd announced its Board of Directors has approved the acquisition of 100% share capital of Tanwar Cargo Solutions Private Limited (TCSPL) for an aggregate cash consideration of ₹85 crore. The acquisition, based on a registered valuer's report, is expected to be completed by December 31, 2026, after which TCSPL will become a wholly-owned subsidiary. The board meeting also approved the unaudited financial results for the quarter ended June 30, 2026, and several key management appointments, including a new Chairman & Managing Director and Whole-time Director.