Accel India IV (Mauritius) Limited disposed of 2,700,000 equity shares in Blackbuck Limited through an open market transaction on September 11, 2026. The sale represents a 1.48% reduction in the Mauritius-based investor’s total holding.

The disposal brings Accel India IV’s stake in the logistics technology firm down from 7.17% to 5.69%. The seller held 13,068,097 shares prior to the transaction and retains 10,368,097 shares post-sale. No encumbrances, pledges, or convertible instruments were involved in the transfer.

What the Numbers Show

The reduction in stake is purely arithmetic, with no change to the company’s total equity capital. The total voting capital of Blackbuck Limited remains at 182,138,576 equity shares, as per the shareholding pattern for the quarter ended June 30, 2026. The transaction does not alter the diluted share capital structure, as no warrants or convertible securities were exercised or sold alongside the equity shares.

The disclosure was filed under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The filing was signed by Aslam Koomar, Director of Accel India IV (Mauritius) Limited, on September 11, 2026.

BlackBuck Limited’s Board of Directors approved the incorporation of a wholly owned subsidiary in India during its meeting on September 11, 2026. The new entity will focus on logistics products, transport asset leasing, and technology-enabled fleet management services.

The company, formerly known as Zinka Logistics Solutions Limited, intends to name the proposed entity BlackBuck Transport Services Private Limited or BlackBuck Trucking Services Private Limited, subject to regulatory approval. The subsidiary will operate within the transportation and storage sector.

Subsidiary Business Scope

The wholly owned subsidiary is being established to conduct business both in India and abroad. Its core activities include:

• Acquiring, owning, and hiring out means of transportation such as trucks, lorries, and other motor vehicles.
• Providing these assets on hire, lease, or sub-contract to goods transport agencies (GTAs).
• Offering road transportation services to small and medium enterprises.
• Operating electronic platforms for the discovery, listing, and classifieds of trucks, containers, cold-storage vehicles, and other transport assets.
• Acting as a database and service provider for allied logistics, mobility, fleet management, and warehousing services.

Financial Structure

BlackBuck Limited, along with its nominee, will subscribe to 100% of the share capital of the proposed subsidiary. The subscription will be made entirely in cash.

As a wholly owned subsidiary, the new entity will be considered a related party of the listed company. No additional governmental or regulatory approvals are required for the incorporation, except those from competent authorities if mandated.

The Board meeting commenced at 11:48 am and concluded at 12:10 pm. The disclosure was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.