Update On Hon'ble NCLT Hearing On Composite Scheme Of Arrangement
ALLCARGO · price
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Allcargo Logistics has informed that the National Company Law Tribunal (NCLT), Mumbai Bench, concluded its hearing on September 24, 2025, and has reserved the matter for orders regarding the Composite Scheme of Arrangement. The scheme involves the restructuring of Allcargo Logistics along with its wholly owned subsidiaries Allcargo Supply Chain Private Limited and Allcargo Global Limited, as well as Allcargo Gati Limited and Gati Express & Supply Chain Private Limited. The restructuring is being done under Sections 230-232 of the Companies Act, 2013 and includes elements of demerger and amalgamation. The NCLT has not yet pronounced its order; it will be issued on a later date after the bench deliberates.
This is a procedural update indicating that the NCLT hearing is complete and an order on the restructuring scheme is expected soon. Shareholders should await the NCLT's order for clarity on whether the scheme is approved, which could impact the company's structure and stock price.