Allcargo Terminals Limited — QIP/Rights/Pref., 15-07-2025: Issue of Securities

Allcargo Terminals (ATL) has approved issuing 1.32 Cr fully convertible warrants on a preferential basis to its Promoters and Promoter Group. These warrants are priced at Rs 29 each, aiming to raise a total of Rs 38.28 Cr. The company's authorized share capital will also increase from Rs 55 Cr to Rs 70 Cr. The specific use of the funds was not detailed in the announcement. This decision, subject to shareholder approval, signals a capital-raising move.