Allcargo Gati Limited — Others, 05-08-2025: Change in Management
05-08-2025 | 07:19 pm
05-08-2025 | 07:19 pm
Allcargo Gati Limited's board meeting approved the financial results for the quarter ended June 30, 2025. Consolidated profit for the period was ₹1.22 Cr, with total revenue from operations reaching ₹403.25 Cr. Key leadership changes were also approved: Mr. Shashi Kiran Janardhan Shetty was re-designated as Chairman & Director, and Mr. Ketan Nishikant Kulkarni was appointed as the new Managing Director & CEO for two years. Additionally, Mr. Shekhar R Singh was appointed as Company Secretary & Compliance Officer, and M/s. Puttaparthi Jagannatham & Co. will serve as Secretarial Auditor for five years, subject to shareholder approval. The ongoing merger Scheme of Arrangement continues, pending final NCLT approval.
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