28-Oct-2026 18:29:23

SKYWAYSAcquisition and merger

SKYWAYS: MATERIAL SUBSIDIARY ACQUIRES 76% EQUITY STAKE IN SAGEROUTE LOGISTICS

• Brace Port Logistics to acquire 76% (7,600 equity shares) of Sageroute Logistics under SPA dated 28.10.2026 • Aggregate consideration up to ₹76,000 plus ₹75.24 L capital infusion; total outlay ~₹76 L • Sageroute newly incorporated July 28, 2026, with no historical turnover; operates in integrated logistics, transportation, freight forwarding, warehousing and supply chain solutions in India • Cash consideration; completion within 30 days; deal aimed at expanding operations and creating operational synergies

Skyways Air Services Ltd

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