Repono Limited announced the formal completion of its subsidiary company incorporation in Saudi Arabia through a comprehensive regulatory disclosure filed under Regulation 30 of SEBI regulations. The board of directors, in their meeting held on February 24, 2026, took note of the incorporation of REPONO GW Company and approved the transfer of funds towards subscription amount.

Joint Venture Structure and Investment Details

The newly formed joint venture involves Repono Limited as the first party and Golden Wing Trading Company, a single-person company, as the second party. The collaboration represents a strategic partnership designed to establish a strong presence in the Saudi Arabian logistics market.

Comprehensive Business Operations Scope

REPONO GW Company will operate across multiple industry sectors, positioning itself as a comprehensive service provider in the logistics and storage domain. The subsidiary's business activities encompass a diverse range of services designed to capture various market opportunities in Saudi Arabia.

Strategic Objectives and Market Expansion

According to the regulatory disclosure, the acquisition is undertaken with the objective of strengthening the company's strategic position and enhancing its product and service portfolio. The company expects the joint venture to deliver operational and financial synergies through improved capacity utilization, access to new customers, and enhanced technological capabilities.

Regulatory Compliance and Corporate Governance

The board meeting commenced at 11:30 AM and concluded at 12:30 PM on February 24, 2026, conducted in full compliance with SEBI regulations. The transaction does not fall within related party transactions, and no governmental or regulatory approvals are required for the acquisition. Managing Director Dibyendu Deepak (DIN: 06484282) digitally signed the disclosure documents, ensuring proper corporate governance protocols.

As the subsidiary was incorporated on January 19, 2026, it has not yet commenced business operations and reports nil turnover for the financial years 2022-2023, 2023-2024, and 2024-2025. The company has made the outcome of the board meeting available on its website at www.repono.in , ensuring transparency and regulatory compliance.

Repono Limited , a company listed on the Bombay Stock Exchange (BSE: 544463), has announced a strategic acquisition of shares in Storeflex Private Limited, a warehousing company. The transaction, which took place on November 22, 2025, marks a significant move for Repono as it aims to strengthen its market position and expand into complementary markets.

Key Details of the Acquisition

Strategic Implications

The acquisition is expected to bring several benefits to Repono:

1. Strategic Position: Strengthening the company's market presence
2. Product/Service Portfolio: Enhancing offerings in the warehousing sector
3. Market Expansion: Moving into complementary markets

About Storeflex Private Limited

Storeflex Private Limited, the acquired entity, is a relatively new player in the warehousing industry:

Related Party Aspects

It's worth noting that this acquisition involves related party transactions, with promoters of Repono being shareholders and directors in the acquired company. This aspect underscores the strategic nature of the deal and the alignment of interests between the two entities.

The move by Repono to acquire Storeflex Private Limited appears to be a calculated step towards vertical integration and market expansion. As the warehousing sector continues to grow, particularly with the rise of e-commerce and the need for efficient supply chain management, this acquisition could potentially position Repono for future growth opportunities in the logistics and warehousing space.

Investors and market watchers will likely keep a close eye on how Repono integrates Storeflex's operations and leverages this acquisition to enhance its market presence and service offerings in the coming months.