Allcargo Terminals Limited — Important, 06-01-2025: Agreements

The Board of Directors of Allcargo Terminals Limited has approved a loan of ₹3 crore to Mr. Ashish Chandna, the Chief Executive Officer, aimed at assisting with personal financial needs related to purchasing a residential property. The loan will be repaid in 24 monthly installments, with its terms structured under the Employee Personal Loan Policy, and interest will be offered at arm's length.

Additionally, Ms. Archana Tiwari has been appointed as the Internal Auditor following the resignation of the previous auditor, bringing over 18 years of experience in internal audit across various sectors. There has also been a managerial change concerning the company's registered office, which will now shift to the 4th Floor of Allcargo House in the same complex. Investors should watch closely for the potential implications of these updates on company operations and governance.