BLT Logistics Ltd. Establishes Wholly-Owned Subsidiary in Dubai, UAE
BLT Logistics Limited announced the registration of a wholly-owned subsidiary, BLT International Logistics FZ-LLC, in the RAKEZ Free Zone, Dubai, UAE, on March 31, 2026.The subsidiary, BLT International Logistics FZ-LLC, is registered with License Number 4703 1369 and has a stated turnover of NIL as it has yet to commence business operations. The company’s primary business activities will focus on consultancy and related services.
The investment represents a cash consideration of AED 5,000,000, divided into 500 shares valued at AED 1,000 each. BLT Logistics Limited will hold 100% ownership in the newly formed subsidiary.
As a wholly-owned subsidiary, BLT International Logistics FZ-LLC is considered a related party to BLT Logistics Limited, and transactions will be conducted at arm’s length.
Subsidiary Details
The following table summarizes key details regarding the newly registered subsidiary:
| Particulars | Details |
|---|---|
| Name of the target entity, details in brief such as size, turnover etc. | BLT International Logistics FZ-LLC is registered as a Wholly Owned Subsidiary of BLT Logistics Limited. Date of Issue of License: 31.03.2026 Turnover: NIL |
| Whether the acquisition would fall within related party transaction(s) | BLT International Logistics FZ-LLC is promoted by the Company and being a Wholly Owned Subsidiary, is a related party of the Company. |
| Industry to which the entity being acquired belongs | Consultancy Services Sector |
| Object and effect of acquisition | The principal business activities of the company to carry out business in the field of consultancy and allied activities. |
| Cost of acquisition | AED 5,000,000 divided into 500 Shares of value AED 1,000 each. |
| Percentage of shareholding / control acquired | The Company shall hold 100% in the subsidiary Company. |
| Brief background about the entity acquired | BLT International Logistics FZ-LLC is registered vide License No. 47031369 dated March 31, 2026 and subsidiary is yet to commence its business operations. |
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