Deccan Transcon Leasing Limited — JV/Acquisition, 19-07-2026: Acquisition
19-07-2026 | 04:45 pm
19-07-2026 | 04:45 pm
Deccan Transcon Leasing (DECCANTRAN) is acquiring an additional 15.34% stake in its Malaysian subsidiary, Deccan Shipping & Logistics (DSL Malaysia), for approximately ₹0.50 crore. This move boosts DECCANTRAN's total holding in the freight forwarding and logistics firm from 55.14% to 70.48%. The acquisition strengthens DECCANTRAN's strategic investment and control in its key overseas subsidiary. DSL Malaysia reported a standalone turnover of around ₹95.67 crore in FY25-26, highlighting the significance of this strategic consolidation within the company's core business.
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