Zinka Logistics Solutions Limited has informed the Exchange regarding 'Intimation under Reg. 30 SEBI (LODR) Reg, 2015'.
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Awaiting price reaction for this filing.
BlackBuck's wholly owned subsidiary, TZF Logistics Solutions Private Limited, has received a Prepaid Payment Instruments (PPI) License from the Reserve Bank of India on July 3, 2025. The license, issued under the Payment and Settlement Systems Act, 2007, will allow the subsidiary to set up and operate a payment system for prepaid payment instruments. This is a regulatory approval that enables BlackBuck to expand into the fintech/payments space alongside its core trucking logistics business. No monetary impact or financial details have been disclosed at this stage.
Positive development as it allows BlackBuck to build and operate its own payment system, potentially reducing transaction costs and enabling new revenue streams. Could enhance the value of the platform for truckers and shippers, though the near-term financial impact is unclear.