Blackbuck Limited Reports Subsidiary ZZ Logistics Solutions Private Limited Has Been Struck Off
Blackbuck Limited, formerly Zinka Logistics Solutions Limited, has announced that its nonmaterial wholly owned subsidiary, ZZ Logistics Solutions Private Limited (ZZLSPL), has been struck off by the Ministry of Corporate Affairs. Consequently, ZZLSPL ceased to exist as a wholly owned subsidiary of Blackbuck Limited, effective May 11, 2026.The company confirmed that the strike-off action was taken by ZZLSPL itself upon filing the required application.
In reporting the operational status of the subsidiary, Blackbuck Limited provided the following financial details regarding ZZLSPL's contribution:
| Particulars | Details of ZZ Logistics Solutions Private Limited (ZZLSPL) |
|---|---|
| Turnover | Nil |
| Revenue | Nil |
| Income | Nil |
| Net Worth | Nil |
The details also clarified that ZZLSPL is a non-material subsidiary that had not conducted any business operations since its incorporation.
Regarding the disposal of the subsidiary, the company noted that the action was carried out by way of strike-off. Consequently, the transaction was deemed not applicable for considerations, details of buyers, or related party transaction assessments, which were all related to the process of disposal. The date for the disposal was May 11, 2026.
BLACKBUCK Stock Price Movement
BLACKBUCK LIMITED shares today slipped by 3.13% to settle at ₹562.15 in post-market trading. The stock saw significant volume, with 833,658 shares traded through the close.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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