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.

BlackBuck will participate in investor meetings on September 10, 2026, as part of Axis Capital's Consumer & Tech Conference. The event will take place in Mumbai from 9:00 am to 5:00 pm IST.

The company disclosed the schedule under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The meetings will include both one-to-one and group sessions with analysts and institutional investors.

Meeting Details

The engagement is scheduled as an in-person event. Management has noted that the schedule may be subject to change due to exigencies on the part of the investors or the company.

Disclosure Compliance

BlackBuck stated that no unpublished price-sensitive information will be discussed during the meetings. The disclosure is also hosted on the company's website. Barun Pandey, Company Secretary and Compliance Officer, signed the intimation filed with the National Stock Exchange of India Ltd and BSE Limited.