S J Logistics (India) Limited — Board Meeting, 01-04-2025: Outcome of Board Meeting

S J Logistics (India) Limited has announced a board meeting outcome, approving the acquisition of 100% equity shares of S J Logisol Shipping L.L.C, a logistics company based in the UAE. This acquisition will make S J Logisol Shipping a wholly-owned subsidiary, aimed at expanding S J Logistics' overseas business operations. The total consideration for this acquisition amounts to INR 0.56 crore. The transaction has been confirmed to be at arm's length and in the ordinary course of business, with no regulatory approvals required.