We do hereby inform you that a wholly owned subsidiary of the Company name "BLT International Logistics FZ-LLC" has been registered in RAKEZ Free Zone, Dubai, UAE.
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BLT Logistics Limited has incorporated a new wholly owned subsidiary named 'BLT International Logistics FZ-LLC' in RAKEZ Free Zone, Dubai, UAE. The subsidiary was licensed on March 31, 2026, with a capital contribution of AED 5,00,000 (500 shares at AED 1,000 each). The company will hold 100% control. The new subsidiary is yet to commence business operations and currently has NIL turnover. Its principal business activity will be consultancy and allied activities. This is disclosed under SEBI Regulation 30 of the Listing Obligations and Disclosure Requirements Regulations, 2015.
This is a routine corporate disclosure about expanding into international markets through a new subsidiary. As the subsidiary is newly incorporated with no operations or revenue yet, there is no immediate financial impact on the parent company. However, it signals the company's intent to expand its geographic footprint in the Middle East.