Board appoints two new directors effective October 1, 2026

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AI summary

Allcargo Global has appointed Mr. Essa Al Saleh as an Additional Non-Executive Independent Director for a 3-year term, and Mr. Ravi Jakhar (current Group CFO) as an Additional Non-Executive Non-Independent Director. Both appointments are effective October 1, 2026, subject to shareholder approval. Al Saleh has 28 plus years of global logistics experience, including scaling Agility GIL from about US$300 million to US$4 billion in revenue. Jakhar is an IIT BHU alumnus with over 20 years in CXO roles and leads strategy and finance for the Allcargo group.

Likely market impact

Strengthens board with deep global logistics and M&A expertise; brings existing Group CFO onto the board. Positive governance signal.