Shreeji Translogistics Ltd has completed the divestment of its majority stake in subsidiary TKD Digitrans Tech Private Limited on December 22, 2025. The transaction marks a corporate restructuring move as the company exits its investment in the technology subsidiary.

Transaction Details

The sale involved the disposal of the company's 51% shareholding, comprising 5,100 equity shares of ₹10 each in TKD Digitrans Tech Private Limited. The transaction was completed for a total consideration of ₹51,000, based on mutual understanding between the parties, with no formal sale agreement executed due to the relatively small transaction value.

Subsidiary's Financial Performance

TKD Digitrans Tech's contribution to Shreeji Translogistics' consolidated financials as of March 31, 2025, revealed modest revenue generation but significant net worth challenges.

Buyer Profile and Ownership Structure

The shares have been distributed among five buyers, with a mix of promoter group members and independent individuals acquiring stakes in the former subsidiary:

Promoter Group Buyers

• Mr. Rupesh Shah: Whole-time Director and Promoter of Shreeji Translogistics Limited, currently holding 38,82,600 equity shares (5.56%)
• Mr. Rakshit Shah: Promoter group member holding 700 equity shares (0.00%)

Independent Buyers

• Mr. Amit Shah
• Mr. Vineet Jamgoankar
• Mr. Dileepa BM

Regulatory Compliance and Impact

The transaction has been classified as a related party transaction conducted at arm's length, given the involvement of promoter group members as buyers. Following the completion of this sale, TKD Digitrans Tech Private Limited will cease to be a subsidiary of Shreeji Translogistics Ltd.

The divestment was disclosed under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, ensuring full regulatory compliance. This move allows Shreeji Translogistics to streamline its operations and focus resources on core logistics business activities while exiting a subsidiary with negative net worth.

Shreeji Translogistics Limited , a prominent player in the logistics sector, has announced its financial results for the quarter ended September 30, 2025, along with a significant corporate decision.

Financial Performance

The company reported a consolidated profit of ₹73.00 lakhs for the quarter. This performance comes amidst a challenging economic environment, reflecting the company's resilience in its core operations.

Exit from TKD Communication LLP

In a strategic move, Shreeji Translogistics has decided to retire as a partner from TKD Communication LLP. The company held a 30% capital contribution of ₹3 lakhs in the partnership. The decision to exit was attributed to the LLP's inability to generate revenues.

Corporate Restructuring Details

The company provided additional details regarding its exit from TKD Communication LLP:

Related Party Considerations

Some of the parties involved in the TKD Communication LLP are related to Shreeji Translogistics' promoter group:

• Mr. Rakshit Shah: Member of the Promoter Group, holding 700 equity shares (0.00%), related to Mr. Rajnikant Shah, Wholetime Director.
• Mrs. Rashmi Shah: Member of the Promoter Group, holding 4,585,000 equity shares (6.56%), related to Mr. Rupesh Shah, Wholetime Director.

Auditor's Review

G.P. Kapadia & Co., the company's auditors, conducted a limited review of the financial results. They reported no material misstatements in the unaudited consolidated financial results prepared in accordance with applicable Indian Accounting Standards.

The company's decision to exit the non-performing partnership aligns with prudent business practices, potentially allowing Shreeji Translogistics to focus on its core logistics operations.