Announced Tue, 15 Sept · 13:57 IST
Allcargo files omitted resignation letter of Shashi Kiran Shetty
ALLCARGO · 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
-7.2%1-day move
₹12.18
prior close
₹11.80
base price
In-mkt
timing
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+0.3+0.3+0.0+0.0-7.2-8.9-9.2-9.9——————
Up moveDown movePending
AI summary
Allcargo is now submitting the resignation letter of Mr. Shashi Kiran Shetty which was inadvertently not enclosed with its August 5, 2026 disclosure to the exchanges. He resigned from the Board effective close of business on August 5, 2026, citing other commitments. The company confirms the reason in the letter matches what was already disclosed, and says the omission was not intentional.
Likely market impact
Confirms founder director Shashi Kiran Shetty's exit already known since August; filing of the missed letter is procedural and adds no new information.