Intimation of Effective Date as defined in the Scheme
Awaiting price reaction for this filing.
The NCLT Mumbai Bench has sanctioned the Composite Scheme of Arrangement and Amalgamation among Allcargo Logistics, Allcargo Supply Chain Private Ltd (ASCPL), Gati Express & Supply Chain Private Ltd (GESCPL), Allcargo Gati Ltd (AGL), and Allcargo Global Ltd. The effective date is fixed as November 1, 2025, the date the certified NCLT order was filed with the Registrar of Companies. As a result, ASCPL and GESCPL first merge into AGL, and then AGL merges into Allcargo Logistics Ltd, with AGL ceasing to exist as a separate entity. The Board has fixed November 10, 2025 as the record date for determining eligible shareholders. Share exchange ratios are: 2 AGL shares per 10 ASCPL shares, 3,475 AGL shares per 10 GESCPL shares, and ultimately 63 Allcargo Logistics shares per 10 AGL shares.
AGL shareholders will receive shares of the larger listed entity Allcargo Logistics Ltd, leading to AGL's stock being delisted or subsumed after the record date. This is a significant corporate restructuring that consolidates logistics businesses under one listed parent, changing the shareholding structure and trading entity for investors.