Target Entity: Allcargo Group Services Private Limited (formerly known as Allcargo Warehousing Management Private Limited)
Type of Deal: Minority acquisition (25% stake) through private placement
Stake/Capacity: 25% of equity share capital (2 equity shares of face value ₹10 each)
Deal Value: Total consideration of ₹3,53,480 (₹1,76,840 per share)
Funding Source: Cash consideration through banking channels
Financial Impact: The target entity has nil turnover. The acquisition cost is ₹3,53,480. No material financial impact on revenue or profitability disclosed.
Timeline: Board approval on May 25, 2026; Share Purchase Agreement dated July 01, 2026; Acquisition completed on July 08, 2026
Strategic Rationale: To enable AGSPL to function as a centralized center of excellence/shared services platform for group entities. Facilitates operational efficiency, centralized management of common support functions, optimization of shared resources, and streamlined allocation of corporate and shared service costs among participating group entities.
Approval Status: Board approved and completed. The acquisition falls within related party transactions as the target is a promoter group entity.
Additional Details:
Target company authorized capital: ₹1,00,00,000 divided into 10,00,000 equity shares of ₹10 each
Industry: Integrated business support services sector
Date of incorporation: September 1, 2018
Country of operation: India
The transaction was executed at arm's length despite being a related party transaction
The target entity becomes an associate company of Allcargo Global Limited
Reference Regulation: SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Regulation 30 read with Part A of Schedule III, and SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024
