Cargotrans Maritime has received approval from the Board of Directors for incorporation of a wholly owned subsidiary of the Company in the name and style of ‘CML Investments’. The proposed new company (wholly owned subsidiary company) will be engaged primarily in the real estate and financial investment & trading sector, including dealing in properties, immovable assets, shares, and securities. 

The acquisition is therefore expected to broaden the company's business portfolio and provide stability against sector-specific risks associated with the shipping industry. The Board of Directors at its meeting held on March 31, 2026, has approved the same.

Cargotrans Maritime is an international logistics solutions provider with core business of providing sea logistics services including ocean freight forwarding (FCL and LCL), transportation, custom clearance, warehousing and other value added services to the clients.