Summary of Key Information:
Nature of Filing / Announcement: Outcome of Board Meeting - Strategic Investment
Corporate Actions:
The Board of Directors approved a strategic investment in Natwest Trade & Logistics Services – FZCO, a Free Zone Company. The Company will acquire and/or subscribe to ordinary shares equivalent to 45% of the enhanced issued and paid-up share capital of the Investee Company in one or more tranches.
Investment Details:
- Percentage of shareholding: 45% of enhanced issued and paid-up share capital
- Consideration: Cash consideration of ₹18 Crores (Eighteen Crores)
- Payment structure: Payable in tranches
- Valuation: Mutually agreed valuation in accordance with terms specified in the agreement
Agreement Details:
The Company entered into a Share Subscription and Shareholders' Agreement on July 14, 2026, which regulates the rights and obligations of shareholders and internal management of the Investee Company.
Target Company Information:
Name: Natwest Trade & Logistics Services – FZCO
Incorporation: November 22, 2024 as Free Zone Company under Dubai Integrated Economic Zones Authority (DIEZA)/IFZA, Dubai Silicon Oasis, UAE
Authorized Share Capital: AED 50,000
Paid-up Share Capital: Divided into 100 ordinary shares with face value of AED 500 each
Previous Fiscal Year Turnover (2025): AED 3,50,000
Business Activities:
- General Trading
- Freight Brokerage
- Management Consultancy Services
- Technology-driven Freight & Cargo Brokering Services
- Digital logistics solutions through technology-enabled freight aggregation and cargo management platforms
Geographic Presence:
United Arab Emirates (across UAE)
Transaction Nature:
The acquisition does not fall within related party transactions. The promoter/promoter group/group companies do not have any interest in the Investee Company.
Strategic Objectives:
- Expand Company's international footprint
- Strengthen global logistics network
- Enhance freight forwarding capabilities
- Leverage technology-driven logistics solutions
- Facilitate cross-border trade
- Establish strategic presence in leading logistics hub (UAE)
- Support long-term growth strategy
- Create sustainable value for shareholders
- Participate in high-growth, technology-enabled logistics platform
Additional Information:
All information available on Company's website: https://www.jfll.com/