LEAP India Private Limited (LEAP) is pleased to inform you that
CHEP India Private Limited (CIPL/ “Transferor Company”) has been merged
with its holding company LEAP (“Transferee Company”) under the provisions of
Section 233 of the Companies Act, 2013 pursuant to an order dated May 22, 2025
by Regional Director (Ministry of Corporate Affairs).
With the acquisition of CIPL officially completed on January 8, 2025,
this merger now marks the final step in creating a unified enterprise
and aims to create significant value creation for all its customers and
supply chain partners.
The merger aims to strengthen LEAP’s position in the supply chain solutions
industry. The LEAP Group, including TARON Material Handling Equipments
Private Limited as a subsidiary, now operates 30 warehouses, manages over 13.5
million assets, serves 6,000+ customer touchpoints, and is powered by a team of
more than 3,000 full-time employees.
Aimed at providing an exceptional Customer Experience
The merger is aimed at leveraging the combined strengths of both
organizations to serve customers better through customized supply chain
solutions, a wider, more responsive service network, faster turnaround times
and an expanded portfolio of offerings in line with LEAP’s commitment to
operational excellence.
Sunu Mathew, Managing Director and Founder of LEAP said, “Completing
this merger is a significant milestone for LEAP India as it consolidates our
efforts to create a more efficient and sustainable supply chain ecosystem by
integrating talent, technology, and infrastructure, we are not only enhancing
operational capacity but also reinforcing our commitment to exceptional customer
service. Our clients can expect a more agile, responsive, and value-driven
partnership.”
About LEAP
Founded in 2013, LEAP India stands for Leading Enterprise in Asset
Pooling, has emerged as a leader in the asset pooling market, delivering sustainable
and efficient supply chain solutions across India. Being associated with 1000+
customers, LEAP India supports multiple Industries; from FMCG to e-commerce.
LEAP India is known for resource optimization and cost-effective solutions and
has been a long-term partner for advancing sustainability and efficiency in the
country's supply chain landscape.