Velox Shipping and Logistics Ltd — Important, 19-12-2025: Company Update

Velox Shipping and Logistics has agreed to acquire a 98% stake in Consolidated Container Shipping Line LLC Dubai (CCSL Dubai) for ₹5 Crore. This strategic cash transaction aims to expand Velox's business operations into international markets, specifically within the logistics sector. CCSL Dubai, incorporated in 2022, provides cargo packaging, sea shipping, and freight services, primarily operating in the United Arab Emirates. The acquisition is expected to be completed by December 2026, marking a significant step for Velox in global market penetration and enhancing its logistics capabilities.