Allcargo Terminals Limited has informed the Exchange regarding allotment of 13200000 securities pursuant to Preferential Issue at its meeting held on September 05, 2025
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Allcargo Terminals Limited has allotted 1.32 crore (13,200,000) securities to specific investors through a preferential issue. The allotment was approved at a board meeting held on September 5, 2025. A preferential issue is a private placement of shares or convertible securities to select investors at a price determined by the board, rather than a public offering. The specific issue price, identity of allottees, and purpose of fund raise are not disclosed in this headline and would typically be found in the detailed filing.
For existing shareholders, preferential allotments are usually dilutive since new shares are issued to select investors. The market reaction will depend on the issue price, identity of the allottees, and the stated purpose of the fund raise, none of which are visible in this headline.