Allcargo Gati Limited — Others, 19-02-2025: Shareholders meeting

Allcargo Gati Limited has announced a board meeting to seek shareholder approval for increasing its Authorised Share Capital from ₹35 crore to ₹70 crore by creating an additional 17.5 crore equity shares. This decision is part of a strategic initiative following a Composite Scheme of Arrangement involving multiple companies, requiring the issuance of new shares to stakeholders. The e-voting process for members begins on February 20 and ends on March 21, 2025. This move could positively influence investor sentiment, indicating company growth and potential future equity offerings.