IWARE has completed the acquisition of AKT Logistics LLP's business undertaking through a slump sale.
Shareholders approved the deal, with IWARE paying a cash consideration of ₹0.50 Cr.
This move is expected to strengthen IWARE’s logistics operations, expand its footprint, and enhance infrastructure for better efficiency. **Investor Focus:** While this is a related party transaction, IWARE confirms it was done on an "arm’s length basis," supported by an Independent Valuer Report.
AKT Logistics had a turnover of ₹76.67 Cr in FY25. This acquisition represents a relatively small transaction, about 0.58% of IWARE's previous year's consolidated turnover.
Keep an eye on how these synergies translate into future growth and profitability.
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