Allcargo Terminals Limited — Others, 25-07-2025: Alteration/revision(s)

Allcargo Terminals (ATL) has extended its term sheet with Venkatesh Coke and Power for a lease agreement on 30 acres of land in Chennai. This extension allows ATL more time to evaluate capacity expansion for its Container Freight Station (CFS) / Inland Container Depot (ICD) business. The proposed lease involves an annual rental of Rs. 9 Cr, with a 15% escalation every three years, plus a six-month rent as an interest-free refundable security deposit. This move highlights ATL's continued efforts to expand its operational footprint and enhance business capabilities.