ALLCARGO · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Allcargo Logistics Ltd conducted a postal ballot through remote e-voting, with results declared on May 28, 2026. The single resolution involved the re-appointment of Mr. Sivaraman Narayanaswami (DIN: 00001747) as an Independent Director for a second term of one year (May 4, 2026 to May 3, 2027), not liable to retire by rotation. The resolution was passed as a Special Resolution with overwhelming shareholder approval — 72,01,06,909 votes in favor (99.93%) and 4,69,449 votes against (0.07%) from a total of 1,051 valid voters. The scrutineer's report was certified by Dhrumil M. Shah & Co. LLP.
The re-appointment maintains board stability and independent oversight at Allcargo Logistics. The near-unanimous approval signals strong shareholder confidence in the director's governance capabilities with minimal impact on stock sentiment.