BSEAllcargo Gati LtdHighNeutral
Announced Sat, 1 Nov · 12:57 IST

As per letter attached

Nclt Scheme FiledStrategic Transactions View source PDF
Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

The NCLT Mumbai Bench, vide its order dated October 10, 2025, has sanctioned the Composite Scheme of Arrangement and Amalgamation involving Allcargo Supply Chain (ASCPL), Gati Express and Supply Chain (GESCPL), Allcargo Gati Limited (AGL), and Allcargo Logistics Limited (ACL). On November 1, 2025, the company filed Form INC-28 with the Registrar of Companies, making the scheme effective from that date. As a result, Allcargo Gati Limited has ceased to exist as a separate legal entity and stands amalgamated into Allcargo Logistics Limited. The Board Meeting scheduled for November 5, 2025 to approve Q2 FY26 financial results has been cancelled, as AGL's financials will now be subsumed into ACL's consolidated accounts.

Likely market impact

Allcargo Gati shareholders effectively become shareholders of Allcargo Logistics Limited, and the AGL stock (BSE: 532345, NSE: ACLGATI) will likely be delisted. Investors should track the swap ratio announcement and ACL's consolidated financials going forward.