Zinka Logistics Solutions Ltd

Black Buck Ltd (formerly Zinka Logistics Solutions Limited) has announced the closure of its trading window for dealing in the company's securities. This closure is effective from Wednesday, July 01, 2026, and will remain in effect until 48 hours after the announcement of the un-audited financial results for the quarter ended June 30, 2026. The decision aligns with SEBI (Prohibition of Insider Trading) Regulations, 2015, and the company's internal code of conduct. All designated persons, their immediate relatives, and other insiders are prohibited from trading in the company's equity shares during this period to prevent potential insider trading.

Black Buck Ltd has received two orders from the Office of the Additional Commissioner of Commercial Taxes (Enforcement), Karnataka, imposing an aggregate penalty of ₹1,00,000. The penalties stem from procedural observations related to the issuance of tax invoices and the submission of requested information under the Karnataka Goods and Services Tax Act, 2017, and the Central Goods and Services Tax Act, 2017. The company has paid the penalty and stated that these orders do not have a material impact on its financial or operational activities. The details of the violations and the company's compliance with disclosure regulations have been provided.

BlackBuck Limited (formerly Zinka Logistics Solutions Limited) confirmed that there was no deviation or variation in the utilization of proceeds from its IPO for the quarter ended March 31, 2026. The IPO, which raised ₹550.00 Crore (excluding OFS portion) on November 20, 2024, utilized funds as per the objects stated in the prospectus dated November 18, 2024. The statement of deviation/variation was reviewed by the Company's Audit Committee on May 19, 2026, and confirmed by ICRA Limited, the monitoring agency. Funds were allocated for sales and marketing, investment in Blackbuck Finserve Private Limited, product development, and general corporate purposes, with utilization aligning with the original plan.

Black Buck Ltd's board approved audited standalone and consolidated financial results for the year ended March 31, 2026. They appointed M/s. Guru & Jana Chartered Accountants as Internal Auditors and M/s. MOJ & Associates as Tax Auditors for FY 2026-27. The registered office has been changed to a new location within Bengaluru. The board meeting commenced at 01:00 PM (IST) and concluded at 02:09 PM (IST).

Black Buck Ltd (formerly Zinka Logistics Solutions Limited) announced the approval of its audited standalone and consolidated financial results for the year ended March 31, 2026, during a board meeting held on May 19, 2026. The board also approved the appointment of M/s. Guru & Jana Chartered Accountants as Internal Auditors and M/s. MOJ & Associates as Tax Auditors for the financial year 2026-27. Additionally, the company has changed its registered office address within Bengaluru.

Black Buck Ltd has scheduled a Board of Directors meeting on May 19, 2026, to consider and approve the audited standalone and consolidated financial results for the year ended March 31, 2026. The trading window remains closed from April 1, 2026, until 48 hours after the declaration of the financial results.

Black Buck Ltd reports that its non-material wholly-owned subsidiary, ZZ Logistics Solutions Private Limited (ZZLSPL), has been struck off by the Ministry of Corporate Affairs, effective May 11, 2026. ZZLSPL had no business operations since incorporation and contributed nil turnover, revenue, income, and net worth in the last financial year.

Black Buck Ltd (formerly Zinka Logistics Solutions Limited) submits the Monitoring Agency Report by ICRA Limited for the quarter ended March 31, 2026, as per SEBI regulations. The report confirms that the utilization of IPO proceeds is in line with the objects of the issue. ICRA states the report is based on information provided by the Issuer and does not constitute a commentary on the quality of the objects of the issue.

Black Buck Ltd received orders from the Income Tax Department on April 20, 2026 (received April 21, 2026) for Assessment Years 2021-22 and 2022-23. The orders, passed by the Deputy Commissioner of Income Tax, give effect to the Commissioner of Income Tax (Appeals) orders, setting aside disallowances related to ESOP expenses. This results in a favorable outcome with no adverse financial impact on the company. The disallowances for ESOP expenses amounted to ₹15,93,74,127 for AY 2021-22 and ₹90,65,37,976 for AY 2022-23.

Black Buck Ltd, formerly known as Zinka Logistics Solutions Limited, has announced the closure of its trading window in accordance with the Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015. The closure will be effective from Wednesday, April 01, 2026, until 48 hours after the announcement of the audited financial results for the quarter and year ended March 31, 2026. Designated Persons, their immediate relatives, and other Insiders are advised not to deal in the Equity Shares of the Company during this period.