Allcargo Logistics Limited has informed the Exchange about change in Management
ALLCARGO · price
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Allcargo Logistics has informed the stock exchanges that Mr. Nilesh Shivji Vikamsey (DIN: 00031213) has completed his second term as an Independent Director on June 29, 2025. The Board recorded its appreciation for his contribution during his association with the company. His tenure was of one year, ending at the close of business hours on June 29, 2025. No details of a replacement appointment were disclosed in this filing.
This is a routine completion of a director's tenure rather than a sudden resignation, so it is unlikely to materially impact the stock. Shareholders should watch for any forthcoming announcement regarding a new Independent Director to fill the vacancy and maintain board composition.