Deccan Transcon Leasing Ltd. Company History and Annual Growth Details

Our Company was incorporated on February 05, 2007, at Andhra Pradesh, India as ‘Libenil Logistics Private Limited’, a private limited company under the Companies Act, 1956 and was granted a certificate of incorporation by the Registrar of Companies, Andhra Pradesh (“RoC”). The name of our Company was changed to ‘Deccan Transcon Leasing Private Limited’, and a fresh certificate of incorporation dated July 12, 2013, was issued by the RoC, Andhra Pradesh. Our Company was then converted into a public limited company under the Companies Act, 2013, and consequently, the name of our Company was changed to ‘Deccan Transcon Leasing Limited’, and a fresh certificate of incorporation dated March 27, 2024, was issued by the RoC, CPC. The Corporate Identification Number of our Company is U63090TG2007PLC052599.

Major Events:

2007

Company was Incorporated as ‘Libenil Logistics Private Limited’

2013

Name of the Company was Changed to ‘Deccan Transcon Leasing Private Limited’.

2014

Deccan increased its fleet size to 30 tank containers and started tank operations to South-East Asia and the Middle-East.

2016

Commenced specific business for one of our customers into Egypt and the USA.

2018

Established a subsidiary company named Deccan Shipping and Logistics SDN BHD in Malaysia to venture into the Southeast Asian market and extend tank operations into Far Eastern countries. Commenced initial operations in Europe.

2019

Our Subsidiary company has acquired 44.00% stake in ‘Deccan Orient Line Company Limited’ and started agency operations, freight forwarding business and regional sales

2020

Crosses Turnover of 50 Crores on Consolidated Basis

2021

Acquired 47.5% stake in King Star Freight Services Private Limited to increase our reach and customer base in India.

2022

Expanded our network coverage to over 40 countries globally. Crosses Turnover of 150 crores on Consolidated Basis

2023

Purchased our first Own Office in Hyderabad, Telangana.

2024

Change in constitution of our Company from Private into Public Limited