Announced Wed, 29 Jul · 19:26 IST
Allcargo unit buys remaining 10% in ECUnordicon AB, reaches 100% ownership
AGL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
-1.9%1-day move
₹12.45
prior close
₹12.21
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.2-0.2-0.2-0.1-1.9+0.0+5.7+5.2+16.1+10.0+2.7———
Up moveDown movePending
AI summary
Allcargo Global's wholly owned subsidiary Ecu Global NV acquired the remaining 10 percent stake in ECUnordicon AB, taking its holding to 100 percent. Deal value is SEK 17.6 million in cash for 76,924 shares. ECUnordicon is a Sweden-based multimodal transport and warehousing firm with 2025 revenue of SEK 462.5 million, down from SEK 541.8 million in 2024. No related party or regulatory approvals needed. Completion on July 29, 2026.
Likely market impact
Makes ECUnordicon a wholly owned subsidiary, consolidating Nordic operations. Modest deal size; revenue declined year on year.