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Allcargo Gati Limited ( (IN:ACLGATI) ) has shared an update.
Allcargo Gati Limited successfully conducted a court-convened meeting of its equity shareholders on February 18, 2025, to approve a Composite Scheme of Arrangement involving multiple subsidiaries. The scheme, which gained the necessary majority approval, aims to restructure and streamline operations among Allcargo Logistics, Allcargo Supply Chain Private Limited, and other associated entities, potentially enhancing the company’s operational efficiency and market positioning.
More about Allcargo Gati Limited
Allcargo Gati Limited, formerly known as Gati Limited, operates in the logistics and supply chain industry, offering comprehensive solutions through its various subsidiaries, such as Allcargo Logistics Limited and Allcargo ECU Limited. The company focuses on providing efficient logistics services and supply chain management across different regions, maintaining a strong market presence.
YTD Price Performance: -27.81%
Average Trading Volume: 36,004
Current Market Cap: 9.62B INR
For a thorough assessment of ACLGATI stock, go to TipRanks’ Stock Analysis page.