Deccan Transcon Leasing (DECCANTRAN) is boosting its stake in its Malaysian subsidiary, Deccan Shipping & Logistics Sdn.
Bhd.
(DSL Malaysia)! **The Issue:** DECCANTRAN is acquiring an additional 15.34% equity stake (2,32,870 shares) in DSL Malaysia from an existing shareholder. **Impact:** This move will increase DECCANTRAN's total shareholding in DSL Malaysia from 55.14% to a robust 70.48%. This strengthens the company's control and strategic investment in its overseas freight forwarding, logistics, and shipping services arm.
DSL Malaysia reported a turnover of ₹89.41 Cr in FY25-26. **Company’s Plan:** The acquisition cost is approximately ₹0.50 Cr, payable in cash.
The deal is structured at arm's length, supported by an independent valuation report, and aims to facilitate the exit of a minority shareholder while consolidating DECCANTRAN's position.
Completion is expected within 12 months, subject to standard regulatory compliances. #DECCANTRAN #Acquisition #Logistics #Shipping
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