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Allcargo Logistics LimitedOthers, 17-12-2024: Action(s) taken or orders passed

17-12-2024 | 05:53 pm

Allcargo Logistics Limited has reported a minor compliance issue, resulting in a fine of Rs. 5,000 (plus GST) from both BSE and NSE for a one-day delay in filing related party transactions for the quarter and half-year ending September 30, 2024. The company experienced technical issues that caused a 6-minute delay in submission to NSE and difficulties with BSE submission. Management clarified there was no malafide intent, and the fine does not affect the company’s financial health or operations. This incident is unlikely to significantly influence investor sentiment, positioning it as a neutral impact on overall performance.

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