Allcargo Logistics Limited — Updates, 02-07-2025: Scheme of Arrangement
02-07-2025 | 11:21 pm
02-07-2025 | 11:21 pm
Allcargo Logistics has announced a board meeting on August 6 to discuss the Composite Scheme of Arrangement involving itself, its wholly-owned subsidiaries Allcargo Supply Chain Private Limited and Allcargo Worldwide Limited, Gati Express & Supply Chain Private Limited, and Allcargo Gati Limited. The scheme aims to restructure and streamline the group’s businesses, impacting multiple entities and their shareholders. The National Company Law Tribunal deferred the initial hearing due to time constraints, scheduling this new date for the scheme’s disposal. This development is significant as it aligns with the company’s strategic consolidation plans.
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