ALLCARGONSEAllcargo Logistics Limited· Travel And TransportLowNeutral
Announced Fri, 29 May · 12:04 IST

Allcargo Logistics Limited has submitted the Exchange a copy Srutinizers report of Postal Ballot. Further, the company has informed the Exchange regarding voting results.

Board & Shareholder Meetings View source PDF

ALLCARGO · price

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▲ 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
-2.9%1-day move
₹9.19
prior close
₹9.09
base price
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timing
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-0.1-0.1+0.1-0.1-2.9-2.6-3.2-4.4-4.2-3.0-10.3-12.0
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AI summary

Allcargo Logistics Limited conducted a postal ballot through remote e-voting to seek shareholder approval for re-appointing Mr. Sivaraman Narayanaswami as an Independent Director for a second term of one year (May 4, 2026 to May 3, 2027). The resolution was passed with overwhelming shareholder support, with 99.93% of votes (72.01 crore shares) in favor and only 0.07% (4.69 lakh shares) against. The e-voting period concluded on May 27, 2026, and the scrutinizer certified the results as valid.

Likely market impact

The re-appointment maintains board independence and continuity of governance. The near-unanimous approval is positive for shareholder confidence and signals stability in the company's leadership.