BSEAllcargo Gati LtdHighNeutral
Announced Fri, 14 Nov · 23:57 IST

As per letter attached.

Nclt Scheme FiledCore Business DivestedStrategic Transactions View source PDF
Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Allcargo Gati Limited has been officially amalgamated into Allcargo Logistics Limited following a Composite Scheme of Arrangement and Amalgamation sanctioned by the NCLT Mumbai Bench on October 10, 2025. The scheme became effective on November 1, 2025 upon filing with the Registrar of Companies, and Allcargo Gati has ceased to exist as a separate legal entity. The board of Allcargo Logistics approved the unaudited standalone and consolidated financial results of Allcargo Gati for Q2 and H1 FY26 (ended September 30, 2025), which will now be part of Allcargo Logistics' consolidated statements. All three key managerial personnel (MD/CEO Ketan Kulkarni, CFO Deepak Pareek, and Company Secretary Shekhar Singh) ceased office on November 1, 2025 due to the amalgamation. The scheme also includes the demerger of the international supply chain business from Allcargo Logistics and merger of other group entities.

Likely market impact

Allcargo Gati shareholders now hold shares in the merged Allcargo Logistics entity, and trading in Allcargo Gati stock will effectively cease as the company no longer exists separately. Existing shareholders will receive shares of Allcargo Logistics as per the swap ratio, and they will now be part of a larger combined logistics business.