SKYWAYSSkyways Air Services Ltd.
Skyways Air Services subsidiary to buy 76% of Sageroute Logistics
- Mergers & acquisitions
- Integrated logistics and freight
Skyways Air Services (NSE: SKYWAYS) said in a filing on 28 Oct 2026 that its material subsidiary, Brace Port Logistics Limited, will acquire 76% of Sageroute Logistics Private Limited for up to ₹76,000. The target company was incorporated on 28 Jul 2026 and has no historical turnover.
The deal terms and timeline
Brace Port Logistics Limited will acquire 7,600 equity shares, representing 76% of the existing issued and paid-up equity share capital of Sageroute Logistics Private Limited, from its existing shareholders under a share purchase agreement dated 28 Oct 2026. The consideration is in cash and shall not exceed ₹76,000. The share count is subject to confirmation.
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