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Neptune Logitek Limited acquires 100% of Neptune Cargo Services for Rs 10 per share As on : 16-Sep-26  17:40

Neptune Logitek Limited announced it has acquired 1,00,000 equity shares, representing 100.00% of the paid-up equity share capital, of Neptune Cargo Services Private Limited for Rs 10 per share, completing the acquisition on September 16, 2026. The acquisition, done at arm’s length, establishes Neptune Cargo Services Private Limited as a wholly owned subsidiary of Neptune Logitek Limited and is in line with the company’s strategy of investing in the logistics business; directors Ankit Devidas Shah, Reema Ankit Shah and Nikunj Dhansukhbhai Damani are also directors of Neptune Cargo Services Private Limited.