Acquisition
ATL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Allcargo Terminals Board approved acquisition of 25% stake (2 equity shares) in Allcargo Group Services Private Limited, a related party. The board meeting held on May 21, 2026 also approved FY2026 audited financial results showing standalone revenue of Rs 564.20 crore (up from Rs 513.71 crore YoY), profit after tax of Rs 39.70 crore (down from Rs 52.95 crore YoY). Additional approvals included appointment of Mr Shashi Kiran Shetty as Additional Non-Executive Director, committee reconstitution, and reallocation of rights issue proceeds. The company operates in container freight stations segment.
The 25% stake acquisition in a related party is a smaller关联交易 but could face scrutiny as a related party transaction. The company faces a tax demand of Rs 49.35 crore (though management expects to contest it). Declining PAT from Rs 52.95 crore to Rs 39.70 crore may concern investors despite revenue growth.