BlackBuck Limited has announced the resignation of Ms. Shilpi Pandey from her position as Chief People Officer, a senior management personnel role. The resignation becomes effective January 20, 2026, marking a significant change in the company's leadership structure.

Resignation Details

Ms. Pandey submitted her resignation citing personal commitments and her decision to pursue other interests outside the organization. The company has confirmed that she will be relieved from her duties at the close of business hours on January 20, 2026.

Regulatory Compliance

BlackBuck Limited has notified both the National Stock Exchange of India and BSE Limited about this senior management change in accordance with Regulation 30 and Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has provided all required documentation, including the resignation letter and detailed disclosures as mandated by regulatory authorities.

The notification was signed by Barun Pandey, Company Secretary and Compliance Officer, ensuring proper adherence to applicable provisions of SEBI regulations. The company has requested the stock exchanges to take this information on record as compliance with the relevant regulatory requirements.

Company Information

BlackBuck Limited, formerly known as Zinka Logistics Solutions Limited, operates in the logistics sector and is listed on both NSE and BSE. The company's registered office is located at Vaswani Presidio, Panathur Main Road, Off Outer Ring Road, Bangalore, Karnataka. The resignation represents a change in the senior management team as defined under Regulation 16(1)(d) of the Listing Regulations.

BlackBuck Limited (formerly known as Zinka Logistics Solutions Limited) has made a strategic investment of ₹100.00 crore in its wholly-owned subsidiary, Blackbuck Finserve Private Limited (BFPL), through a rights issue. The investment was disclosed in a regulatory filing dated December 15, 2025, under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Investment Details

The company has subscribed to 66,66,667 equity shares of BFPL through this rights issue transaction:

Strategic Rationale

This investment aligns with the objectives outlined in BlackBuck Limited's Initial Public Offering (IPO) prospectus dated November 18, 2024. The capital injection is specifically intended to augment BFPL's capital base to meet its long-term future capital requirements and strengthen its position in the vehicle financing sector.

About Blackbuck Finserve

Blackbuck Finserve Private Limited, incorporated on January 29, 2019, operates as a wholly-owned subsidiary of BlackBuck Limited with its registered office in Bangalore, India. The company is engaged in financing various assets including plant, machinery, vehicles, buses, and lorries.

Financial Performance Trajectory

BFPL has demonstrated significant growth in recent years:

Regulatory and Compliance Aspects

The transaction falls under related party transactions as per the Companies Act, 2013 and SEBI regulations, but has been conducted at arm's length. Since BFPL remains a wholly-owned subsidiary, there is no change in BlackBuck Limited's shareholding percentage, which continues to be 100.00%. The consideration was paid in cash through normal banking channels.

Market Implications

This capital infusion underscores BlackBuck Limited's commitment to expanding its financial services capabilities within the logistics ecosystem. The strengthening of BFPL's capital base positions the company to better serve the financing needs of the transportation and logistics sector, potentially enhancing BlackBuck's integrated service offerings to its customer base.