"Submission of Press Release under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ( Listing Regulations ).".
ALLCARGO · price
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Allcargo Logistics Limited announced the elevation of Mr. Ravi Jakhar to the role of Director - Strategy & Group CFO, effective May 15, 2025. Ravi, who has served as Group Chief Strategy Officer since 2020, will now lead the group's overall strategy and finance functions. He will oversee CFOs across key group companies including ECU Worldwide, Allcargo Terminals, AllcargoGati, and TransIndia Real Estate, and lead group-wide Centres of Excellence in Legal, Internal Audit, Investor Relations, and M&A. Under his previous role, Ravi led key initiatives including merger/demerger schemes, fundraising, M&A, and investor relations, and turned around the Latin America region for ECU Worldwide in 2024, making it the group's fastest-growing market. He holds a B.Tech from IIT BHU and has completed an executive course at Harvard Business School, with over two decades of experience.
This is an internal leadership transition with no immediate financial impact on shareholders. It signals continuity in strategy and a sharper focus on financial management, governance, and global expansion under Founder-Chairman Shashi Kiran Shetty's guidance.