The Company has acquired 51% of the post issue share capital of Jujhar Logistic and Travels Limited, by subscribing to 10,410 Equity Shares of the said Company. Consequently, Jujhar Logistic ....
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CDG Petchem Limited has completed the acquisition of 51% of the post-issue share capital of Jujhar Logistic and Travels Limited by subscribing to 10,410 equity shares. With this acquisition, Jujhar Logistic and Travels Limited has become a subsidiary of CDG Petchem Limited. The company had earlier intimated the stock exchange on April 8, 2025 about the proposed acquisition of not less than 51% stake in the expanded capital of Jujhar Logistic. The transaction has now been successfully closed as of November 18, 2025.
This acquisition gives CDG Petchem a controlling stake (subsidiary status) in Jujhar Logistic and Travels, expanding its business footprint into the logistics and travel sector. Shareholders should expect the consolidated financials of CDG Petchem to now include Jujhar Logistic's performance, which could diversify revenue streams but also adds integration risk.