ALPHA TRIBE

Allcargo Gati LimitedOthers, 06-02-2025: Amendment to AOA/MOA

06-02-2025 | 07:44 pm

Allcargo Gati Limited’s Board has approved the financial results for the quarter and half-year, reporting a total income of ₹53.73 crore, with a profit of ₹4.10 crore. The company also plans to increase its authorized share capital from ₹35 crore to ₹70 crore to facilitate future growth initiatives. Mr. Ketan Kulkarni has been appointed as Managing Director and CEO of its subsidiary, Gati Express & Supply Chain Private Limited. The equity shares issued under the Employee Stock Appreciation Rights Plan total 13,861 shares, reflecting executive compensation strategy. This update reflects a positive outlook for growth and strategic leadership changes, potentially enhancing investor sentiment.

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