Allcargo Gati Limited has informed the Exchange regarding 'Intimation regarding the Composite Scheme of Amalgamation becoming effective and cancellation of the Board Meeting scheduled on November 5, 2025'.
Awaiting price reaction for this filing.
The NCLT Mumbai Bench, via its order dated October 10, 2025, has sanctioned the Composite Scheme of Arrangement and Amalgamation involving Allcargo Supply Chain Pvt Ltd, Gati Express and Supply Chain Pvt Ltd, Allcargo Gati Limited (AGL), and Allcargo Logistics Limited (ACL). The scheme became effective on November 1, 2025, upon filing Form INC-28 with the Registrar of Companies, Mumbai. As a result, AGL has ceased to exist as a separate legal entity and stands amalgamated into Allcargo Logistics Limited. The Board meeting scheduled for November 5, 2025, to consider Q2 FY26 unaudited financial results of AGL has been cancelled, and AGL's financials will now be consolidated into ACL's results.
Allcargo Gati shareholders will become shareholders of Allcargo Logistics Limited as per the swap ratio approved in the scheme, and ACLGATI will be delisted from the NSE/BSE. Existing AGL shareholders should expect shares of ACL (Allcargo Logistics) credited to their demat accounts in line with the scheme terms.