BSEAllcargo Gati LtdMinimalNeutral
Announced Thu, 29 May · 18:05 IST

Please find enclosed intimation.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Allcargo Gati Limited has submitted copies of newspaper advertisements published on May 15, 2025 in Business Standard (English) and Navshakti (Marathi) as required under SEBI Listing Regulations. The advertisements relate to an NCLT (National Company Law Tribunal), Mumbai Bench order dated April 30, 2025 admitting a petition for a proposed scheme of arrangement/amalgamation. The scheme involves Allcargo Logistics Limited (Demerged Company), Allcargo Supply Chain Private Limited, Gati Express & Supply Chain Private Limited, Allcargo Worldwide Limited, and Allcargo Gati Limited (designated as Resulting Company 3). The next hearing is scheduled for May 30, 2025 at 10:31 AM before NCLT Mumbai.

Likely market impact

This is a procedural milestone in the corporate restructuring exercise. The NCLT admission means the scheme has cleared initial scrutiny and will now go through detailed hearings. Shareholders should track the May 30 hearing as a favourable outcome could reshape the company's business structure and asset base.