Archive · 6 Jun 2025
Accel India Sells Zinka Logistics Stake After Public Listing
Imagine a company called BlackBuck, which helps move things around.
A big investor called Accel decided to sell a small part of their shares in BlackBuck on June 3, 2025.
Accel used to own more of BlackBuck, but now they own a little less.
Another company, Quickroutes, also sold all of their shares in BlackBuck on the same day, meaning they no longer have any part of the company.
BlackBuck recently started trading on the stock market, which has caused more investors to buy and sell shares.
Even with some investors leaving, BlackBuck still has support from important investors like Accel.
Accel India IV sold 1.32% stake in Zinka Logistics on June 3, 2025.
Accel's shareholding in Zinka Logistics now stands at 9.40%.
Quickroutes International Private Limited exited its 9.01% stake on the same day.
Quickroutes sold approximately 16 million shares in Zinka Logistics.
Zinka Logistics (BlackBuck) recently listed on the BSE and NSE.
- Who
- Accel India IV (Mauritius) and Quickroutes International Private Limited
- What
- Accel sold 1.32% stake and Quickroutes exited its entire 9.01% holding in Zinka Logistics Solutions Ltd.
- When
- June 3, 2025
- Where
- Open market
- Why
- Accel and Quickroutes sold shares in Zinka Logistics Solutions Ltd, likely due to the company's recent public listing.
- Accel's Remaining Stake
- 9.40%
- Accel Stake Reduction
- 1.32%
- Sale Date
- June 3, 2025
- Quickroutes Shares Sold
- 16 million shares
- Company
- Zinka Logistics Solutions Ltd (BlackBuck)
- Quickroutes' Former Stake
- 9.01%