Jet Freight Logistics Acquires 45% Stake in Natwest Trade & Logistics Services - FZCO
Jet Freight Logistics Limited has announced a strategic investment in Natwest Trade & Logistics Services - FZCO, acquiring a significant stake in the Free Zone Company. The investment is part of the company's effort to expand its international presence and fortify its global logistics network.The acquisition was formalized on July 14, 2026, through a Share Subscription and Shareholders' Agreement. Jet Freight Logistics Limited has agreed to subscribe to ordinary shares equivalent to 45% of the enhanced issued and paid-up share capital of Natwest Trade & Logistics Services - FZCO in multiple tranches.
The primary objective of the proposed acquisition is set by Jet Freight Logistics as enhancing its freight forwarding capabilities, facilitating cross-border trade, and strengthening its logistics network through technology-driven solutions. This move aims to establish a strategic presence for the company within one of the world's leading logistics hubs, supporting its long-term growth strategy.
The consideration for acquiring the shares will be discharged via cash payment. The acquisition cost has been set at Rs. 18 Crores and will be paid in tranches.
Key details regarding the investment and the Investee Company are summarized below:
| Metric | Detail |
|---|---|
| Investee Entity | Natwest Trade & Logistics Services - FZCO |
| Industry | General Trading, Freight Brokerage, Management Consultancy Services, Technology-driven Freight & Cargo Brokering. |
| Investment Shareholding | 45% of enhanced issued and paid-up share capital |
| Acquisition Cost | Rs. 18 Crores (payable in tranches) |
| Target Company Turnover (FY2025) | AED 3,50,000 |
| Investee Incorporation Date | November 22, 2024 (under DIEZA/IFZA, UAE) |
The investment is non-related to any related party transaction, with the promoter or promoter group having no interest in Natwest Trade & Logistics Services - FZCO.
Indicatively, the time period for the completion of the acquisition has been set at two years. The Investee Company is licensed to conduct business activities including General Trading, Freight Brokerage, and Management Consultancy Services and maintains a presence across the United Arab Emirates.
JETFREIGHT Stock Price Movement
Today, Jet Freight Logistics Limited shares surged 4.68% to close at ₹23.70 as the company reported positive post-market performance. The stock saw robust activity during the day, with a traded volume of 633,629 shares and an intraday range established between a low of ₹22.01 and a high of ₹24.10.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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