Allcargo Terminals Limited has informed the Exchange about the Inter Corporate Deposit Agreement between the Company and Speedy Multimodes Limited, wholly owned subsidiary
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Awaiting price reaction for this filing.
Allcargo Terminals' Board, at its August 11, 2025 meeting, approved Q1 FY26 (quarter ended June 30, 2025) unaudited results. Standalone PAT fell to Rs. 476.87 lakhs from Rs. 697.18 lakhs a year ago, even as operating income rose slightly to Rs. 13,004.73 lakhs; consolidated PAT dipped to Rs. 910.52 lakhs from Rs. 954.86 lakhs. The Board approved a Rs. 30 crore Inter Corporate Deposit from its wholly owned subsidiary Speedy Multimodes Limited at 10.20% annual interest for 1 year, to fund business expansion, working capital and general corporate needs. It also cleared the ATL CEO ESOP 2025 (pool of ~44.66 lakh options), appointed a new internal auditor, made several senior management changes, and noted the incorporation of a new wholly owned subsidiary. The filing also flags a Rs. 2,528.98 lakh GST demand (plus equal penalty) and an ongoing Income Tax search at the company and Speedy's premises.
Mixed near-term signals for shareholders: profits are lower year-on-year and the company faces a sizeable GST demand, but it has secured low-cost internal funding from its subsidiary for growth and is rewarding leadership via a new ESOP. The new Rs. 30 crore ICD adds modest leverage at 10.20%, while tax-related overhangs could keep the stock volatile in the short term.