Board approves transfer of Loads Business to wholly owned subsidiary on slump sale basis
BLACKBUCK · price
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BlackBuck board approved transfer of its Loads Business to wholly owned subsidiary BTSPL on slump sale basis as a going concern. The business had FY26 revenue of INR 887.43 Million (12.6% of standalone total income) and net worth of INR 9.88 Million. Lump sum cash consideration will be based on NAV as on closing date. This qualifies as a related party transaction. Rationale: restructuring to organize businesses under a dedicated subsidiary for better operational efficiency. No change in shareholding pattern.
Internal restructuring within the group; no change in shareholding. Transferred unit is small share of total income, so limited impact on consolidated numbers.