ALPHA TRIBE

Allcargo Terminals LimitedOthers, 14-08-2025: Shareholders meeting

14-08-2025 | 10:48 pm

Allcargo Terminals shareholders have approved all resolutions via Postal Ballot. This includes altering the company's Articles of Association and increasing the Authorized Share Capital. Crucially, members also approved the issuance of fully convertible warrants on a preferential basis to the Promoters/Promoter Group. This paves the way for internal governance updates and potential capital infusion from promoters, strengthening the company's financial base. Over 18.73 Cr votes were polled out of 25.21 Cr outstanding shares, with overwhelming support.

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