Allcargo Gati merger effective, sets share allotment record date
Allcargo Gati Limited has announced that the composite scheme of arrangement and amalgamation, sanctioned by the NCLT on October 10, 2025, became effective on November 1, 2025. This consolidation sees Allcargo Supply Chain Private Limited (ASCPL) and Gati Express & Supply Chain Private Limited (GESCPL) merging into Allcargo Gati Limited, which subsequently merges into Allcargo Logistics Limited. As a result, ASCPL, GESCPL, and AGL have ceased to exist as separate legal entities.
The board has set November 10, 2025, as the record date for determining shareholders eligible for the new shares. Shareholders of ASCPL will receive 2 equity shares of ₹2 each of Allcargo Gati Limited for every 10 equity shares of ₹10 each held. GESCPL shareholders will receive 3,475 equity shares of ₹2 each of Allcargo Gati Limited for every 10 equity shares of ₹10 each held.
Following this, Allcargo Gati Limited shareholders will receive 63 equity shares of ₹2 each of Allcargo Logistics Limited for every 10 equity shares of ₹2 each held in Allcargo Gati Limited. This move marks a significant restructuring for the Allcargo Group.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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