Corporate News

12-Oct-2026, 05:00

BlackBuck Limited, formerly Zinka Logistics Solutions Limited, announced that its Board of Directors approved the transfer of its Loads Business Undertaking as a going concern to its wholly owned subsidiary, BlackBuck Transport Services Private Limited, on a slump sale basis. The revenue of the Loads Business Undertaking for fiscal year 2025-2026 was Rs 887.43 million, representing 12.6% of BlackBuck Limited's total income, while its net worth as of March 31, 2026, was Rs 9.88 million, representing 0.07% of the company's net worth. The transaction, considered a related party transaction, will be based on the net asset value of the transferred business and is intended to restructure BlackBuck’s businesses and improve operational efficiency.