New Delhi: Blue Dart Express today said it has become a majority shareholder in Blue Dart Aviation after purchasing additional 21 per cent stake.
Now, the overall shareholding of the company in Blue Dart Aviation has increased to 70 per cent.
Blue Dart Aviation has become a subsidiary of Blue Dart Express -- an integrated transportation and distribution company, according to a regulatory filing.
However, financial details were not disclosed.
During its meeting today, Blue Dart Express' board of directors approved hiking stake in Blue Dart Aviation from the present 49 per cent to 74 per cent.
22/06/15 PTI/NDTV
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Now, the overall shareholding of the company in Blue Dart Aviation has increased to 70 per cent.
Blue Dart Aviation has become a subsidiary of Blue Dart Express -- an integrated transportation and distribution company, according to a regulatory filing.
However, financial details were not disclosed.
During its meeting today, Blue Dart Express' board of directors approved hiking stake in Blue Dart Aviation from the present 49 per cent to 74 per cent.
22/06/15 PTI/NDTV
