Allcargo Gati Limited — Others, 10-03-2025: Shareholders meeting

Allcargo Gati Limited has announced a board meeting on March 10, 2025, to seek shareholder approval via postal ballot for the sale of two non-core fuel stations located in Bengaluru and Indore. The fuel station in Bengaluru is expected to be sold for approximately ₹10 crore (Cr) to SA Fuel Private Limited, while the Indore station is set for a sale of around ₹7.5 crore (Cr) to Siddhi Infra. This divestment aligns with the company's strategy to optimize its asset portfolio and redirect resources towards core business operations, enhancing overall shareholder value. Investors may view this as a positive outlook, reflecting the company’s focus on sustainable growth and efficiency.