ALLCARGONSEAllcargo Logistics Limited· Travel And TransportHighNeutral
Announced Wed, 2 Jul · 23:21 IST

Allcargo Logistics Limited has updated the Exchange on Hon'ble NCLT hearing on Composite Scheme of Arrangement

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Allcargo Logistics informed exchanges that the NCLT hearing on its Composite Scheme of Arrangement, originally listed for July 2, 2025, was not taken up due to lack of time on the court's docket. The NCLT has rescheduled the hearing to August 6, 2025. The scheme covers a restructuring involving Allcargo Logistics, its wholly owned subsidiaries Allcargo Supply Chain (ASCPL) and Allcargo Worldwide (AWL), Gati Express & Supply Chain (GESCPL), and Allcargo Gati Limited, under Sections 230–232 of the Companies Act, 2013.

Likely market impact

This is a procedural update with no change to the scheme's substance. Shareholders should note a roughly one-month delay in the NCLT approval timeline, but the restructuring plan itself remains on track pending the next hearing.