Date: November 06, 2026
Board Meeting Outcomes
- The Company has subscribed to 60 (Sixty) Equity Shares of Allcargo Group Services Private Limited (AGSPL), an Associate Company.
- Each share has a face value of ₹10 and was subscribed at an issue price of ₹1,76,840 per equity share.
- The premium component of the issue price is ₹1,76,830 per equity share.
- The total investment amount aggregates to ₹1,06,10,400 (Rupees One Crore Six Lakh Ten Thousand Four Hundred Only).
Disinvestment / Strategic Actions
- Nature of Entity: Allcargo Group Services Private Limited (AGSPL) - Associate Company
- Transaction Type: Subscription to equity shares
- Number of Shares: 60 Equity Shares
- % Stake: Post-allotment, the Company's stake in AGSPL remains the same at 25% equity stake.
- Transaction Timeline: Shares were allotted to ATL on October 10, 2026 and credited on November 04, 2026.
- Strategic Rationale: Not explicitly disclosed in the document.