ALLCARGONSEAllcargo Logistics Limited· Travel And TransportHighNeutral
Announced Wed, 14 May · 12:05 IST

Allcargo Logistics Limited has informed the Exchange regarding 'Intimation of receipt of Approval for Reclassification Application of Promoter groupunder Regulation 31A of SEBI (Listing Obligations and Disclosure Requirements) Regulations,2015'.

Ownership Changes View source PDF

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Allcargo Logistics has received approval from both BSE and NSE to reclassify 'Allcargo Multimodal Private Limited' from the 'Promoter group' category to the 'Public' category under SEBI LODR Regulation 31A. The entity being reclassified holds 0 shares (0% shareholding) in the company. Promoter holding remains unchanged at 63.28% (62.19 crore shares) and public holding stays at 36.72% (36.08 crore shares) both before and after the reclassification. The original application was filed on October 22, 2024, and approvals were granted on May 13, 2025.

Likely market impact

This is a purely technical/formal reclassification with zero impact on actual shareholding patterns, since the reclassified entity held no shares. It does not change the promoter or public shareholding percentages and is unlikely to move the stock price.