Black Buck Merger & Restructuring
BlackBuck Limited has successfully incorporated its new wholly-owned subsidiary, BlackBuck Transport Services Private Limited, following approval from the Ministry of Corporate Affairs.
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BlackBuck Limited has successfully incorporated its new wholly-owned subsidiary, BlackBuck Transport Services Private Limited, following approval from the Ministry of Corporate Affairs.
BlackBuck allotted 73,550 equity shares at ₹1 to employees upon ESOP exercise under its 2016 and 2019 schemes. Paid-up share capital increased to ₹18.22 Crore.
BlackBuck filed the proceedings of its 11th AGM held on September 18, 2026. Six resolutions including adoption of financials, director re-appointment, and ESOP trust approvals were voted upon.
Accel India IV (Mauritius) Limited sold 2,700,000 equity shares of Blackbuck Limited via an open market transaction on September 11, 2026.
Black Buck's board approved a Wholly Owned Subsidiary for logistics and trucking. The WOS will provide transport leasing and electronic platforms to the sector.
Black Buck Q1 FY27 results show strong growth driven by telematics and new Super Loads city expansions.
BlackBuck reported robust Q1'FY27 results with Revenue from operations up 42% YoY to ₹204.17 Cr, driven by core payments and telematics alongside aggressive 153% growth in Superloads.
Black Buck Ltd reported revenue from operations of ₹204.2 Cr (+42.2% YoY) and net profit of ₹42.2 Cr (+25.2% YoY) for Q1 FY27.