Accuracy Shipping Limited has informed the Exchange about Acquisition
ACCURACY · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On March 29, 2026, the Board of Accuracy Shipping approved acquiring stakes in two logistics companies. It will invest Rs. 6.51 crore in A.R.S. Liners (India) Private Limited to pick up a 52% stake by subscribing to 6,78,125 equity shares at a Rs. 96 total price (Rs. 10 face value + Rs. 86 premium). It will also invest Rs. 4.99 crore in A.R.S. Terminals (India) Private Limited for a 99.80% stake by subscribing to 49,90,000 shares at par. Both targets are in the logistics space — A.R.S. Liners does freight forwarding, container handling and road transport (Rs. 17.64 Cr revenue in FY25, up from Rs. 8.83 Cr in FY23), while A.R.S. Terminals is in warehousing and has not yet generated any revenue. The deal is expected to close within one month, and the consideration is a mix of cash and conversion of existing loans. Both transactions are related-party deals since the company's Chairman and Whole-Time Director are shareholders and directors in the target firms.
The acquisition consolidates group logistics entities under Accuracy Shipping and adds operating revenue from A.R.S. Liners, but the related-party nature (promoters involved on both sides) and the cash-and-loan-conversion structure may draw governance scrutiny from minority shareholders. A.R.S. Terminals currently earns nothing, so its value depends on future ramp-up.