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Allcargo Logistics LimitedBoard Meeting, 25-05-2025: Outcome of Board Meeting

25-05-2025 | 01:41 pm

The company has announced a board meeting outcome where it approved the consolidated financial results for the quarter and half-year. A final dividend has been declared, reflecting confidence in steady cash flow. Plans for fundraising through an equity issuance were also greenlit to support expansion initiatives. Additionally, a key senior executive has been appointed to strengthen leadership amid growth phases. No mergers or acquisitions were reported, keeping the focus on organic growth and operational efficiency. Retail investors should note these strategic moves as the company positions itself for sustained momentum.

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