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Allcargo Logistics LimitedImportant, 12-02-2025: General Updates

12-02-2025 | 06:07 pm

The Income Tax Department has initiated a search at Allcargo Logistics' registered and certain corporate offices. The company is fully cooperating with the officials and providing necessary information as required. Allcargo maintains its commitment to ethical conduct and legal compliance, emphasizing its adherence to corporate governance best practices. Importantly, there is no expected impact on the company's financial, operational, or other activities as a result of this search. Investors may consider this a situation to watch closely, given the nature of tax inquiries and the potential for implications in future business operations.

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