ALPHA TRIBE

Deccan Transcon Leasing LimitedJV/Acquisition, 19-07-2026: Acquisition

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.

No comments yet. Be the first to comment!

All announcements from Deccan Transcon Leasing Limited