CJ Darcl Logistics has filed its Draft Red Herring Prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) for a proposed Initial Public Offering.

South Korea’s CJ Logistics increases stake in CJ Darcl with $32 million investment

CJ Darcl Logistics strengthens South Korea partnership with new investment for pan-India expansion.

South Korea’s largest logistics company, CJ Logistics Corporation, has invested $32 million into India’s integrated logistics service providers, CJ Darcl Logistics. With this investment, the Korean giant has increased its stake from 50 per cent to 56 per cent.

The investment is a mix of primary and secondary transactions. It is aimed at supporting CJ Darcl’s future growth plans and strengthening its capital base.

Fresh investment to support expansion plan across India :

The fresh funds will be used to scale CJ Darcl’s operations across India. The company plans to expand its multimodal logistics infrastructure, which includes terminals, advanced warehouses, digital supply chain solutions, and eco-friendly fuel platforms.