Main Disclosure – Subsidiary Removal Details
Target Entity: ECU Worldwide New Zealand Limited (ECU Worldwide NZ)
Nature of Transaction: Removal from Companies Register New Zealand Companies Office
Effective Date: July 23, 2026
Previous Relationship: Step-down wholly owned overseas subsidiary of Allcargo Global
Post-Transaction Status: Ceased to be a step-down wholly owned overseas subsidiary
Rationale for Removal: ECU Worldwide NZ was an inactive entity, having its business operations transitioned to an agency arrangement prior to removal.
Financial Impact Assessment (as per Annexure-A):
- As of December 31, 2025:
- Revenue from operations: €3,529
- Revenue percentage contribution: 0.00%
- Net Worth: (€256,984) (negative)
- Net Worth percentage: -0.21%
Transaction Details:
- No sale agreement was entered into (removal from register only)
- No consideration received from the removal
- No buyers involved in the transaction
- Not a related party transaction
- Not part of any Scheme of Arrangement
- Not a slump sale
Regulatory Compliance:
- Disclosure made under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
- Compliance with SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026
- Information available on company website: https://www.allcargo.global
Other Updates
No other disclosures are present in the document.