Update on Hon'ble NCLT hearing on Composite Scheme of Arrangement
ALLCARGO · price
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Allcargo Logistics informed the stock exchanges that the NCLT could not take up its Composite Scheme of Arrangement on August 13, 2025 due to paucity of time. The court has now fixed September 24, 2025 as the next hearing date. The scheme involves a restructuring among Allcargo Logistics, Allcargo Supply Chain, Gati Express, Allcargo Gati, and Allcargo Global under Sections 230-232 of the Companies Act, 2013. This is a procedural update and the scheme remains pending NCLT approval.
The restructuring is delayed but not rejected; shareholders should monitor the September 24 hearing for any decisive outcome that could affect the company's structure and shareholding.