Allcargo Terminals Limited — Others, 11-08-2025: Options to purchase securities
11-08-2025 | 07:40 pm
11-08-2025 | 07:40 pm
Allcargo Terminals Limited has announced a board meeting where it approved the financial results for the quarter and half-year, reporting a consolidated profit of ₹9.11 Cr. The board also approved an Employee Stock Option Plan for its CEO, subject to shareholder approval, and the incorporation of a new wholly-owned subsidiary focused on Container Freight Stations expansion. Furthermore, the company will avail an Inter Corporate Deposit of ₹30 Cr from its subsidiary, Speedy Multimodes, to support business growth. Changes were also approved for Senior Management Personnel. Separately, the company plans to appeal a ₹25.29 Cr GST demand notice, while its subsidiary, Speedy, is challenging a pilferage case order, with a ₹1 Cr deposit.
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