Skyways Air Services Limited has announced the proposed acquisition of 76% of the equity share capital in Sageroute Logistics Private Limited. The deal, valued at approximately ₹76,000 for the initial purchase consideration plus a subsequent capital infusion of ₹75,24,000, aims to expand the company’s business operations and operational synergies. Sageroute Logistics operates in the integrated logistics, transportation, and supply chain solutions industry.
Strategic Acquisition in Logistics Sector
Skyways Air Services Limited (formerly Skyways Air Services Private Limited) has revealed its intent to acquire a significant stake in Sageroute Logistics Private Limited. The company has entered into a Share Purchase Agreement (SPA) dated October 28, 2026, to acquire 76% of the existing issued and paid-up equity share capital of Sageroute Logistics Private Limited. This move is positioned as a strategic step to broaden the company’s market presence and operational capabilities.
Deal Details and Rationale
The aggregate purchase consideration for the proposed acquisition is set at a maximum of ₹76,000 (Rupees Seventy-Six Thousand only). Following the initial acquisition, there will be a subsequent infusion of capital amounting to ₹75,24,000 (Rupees Seventy-Five Lacs Twenty Four Thousand only). The acquisition is expected to expand the Company’s business operations, explore new business opportunities, create operational synergies, and strengthen its overall business presence in the integrated logistics, transportation, freight forwarding, warehousing, and supply chain solutions industry.
Sageroute Logistics Private Limited was incorporated on July 28, 2026, and is a newly formed entity within the specified industry. The transaction is anticipated to be completed within 30 days, subject to the fulfillment of applicable statutory requirements. Upon completion, Sageroute Logistics Private Limited will become a subsidiary of Brace Port Logistics Limited, a material subsidiary of Skyways Air Services Limited, and consequently, a step-down subsidiary of the parent company.
Target Company Background
Sageroute Logistics Private Limited, registered in Ghaziabad, Uttar Pradesh, India, operates within the integrated logistics and supply chain solutions sector. As a newly incorporated company, it does not have historical turnover data for the preceding three financial years and currently does not have an operational presence in other countries.
Source: BSE
