Subsidiary11 Sept 2026, 12:29 pm
BlackBuck Ltd to Incorporate Wholly Owned Subsidiary in India
AI Summary
BlackBuck Limited (formerly Zinka Logistics Solutions Limited) announced today that its Board of Directors has approved the incorporation of a Wholly Owned Subsidiary (WOS) in India. The WOS will focus on logistics products and services, including transportation, fleet management, and warehousing. The company will subscribe to 100% of the share capital in cash at face value. This move aims to expand the company's service offerings and operational reach within the logistics sector.
Key Highlights
- Board approves incorporation of a new Wholly Owned Subsidiary in India.
- Subsidiary to engage in logistics, transportation, and fleet management.
- BlackBuck Limited will hold 100% shareholding in the new entity.
- Incorporation aims to enhance service offerings and market presence.
Price Impact
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