Allcargo Terminals Reappoints Governance Veteran Prafulla Chhajed as Independent Director

Allcargo Terminals Limited ( (IN:ATL) ) has provided an announcement.

Allcargo Terminals Limited has approved the re-appointment of veteran chartered accountant and governance expert Prafulla Chhajed as a non-executive independent director, with a three-year term from April 15, 2026 to April 14, 2029, subject to shareholder approval. His extensive experience in regulatory bodies, leading professional institutions and major financial entities is expected to strengthen the company’s board oversight, enhance governance standards and support its strategic positioning amid growing scrutiny of corporate compliance in India.

Chhajed’s background includes leadership roles at the Institute of Chartered Accountants of India, the Confederation of Asia & Pacific Accountants and prior independent directorships at the Insurance Regulatory and Development Authority and State Bank of India. His ongoing involvement in financial, regulatory and sustainability forums is likely to provide Allcargo Terminals with deeper expertise in risk management, disclosure practices and stakeholder engagement as logistics and infrastructure companies face evolving regulatory and sustainability expectations.

More about Allcargo Terminals Limited

Allcargo Terminals Limited operates in the logistics and cargo handling sector, providing terminal and related services to support trade and supply chains in India. The company is listed on both BSE and NSE, reflecting its role in organized logistics infrastructure and its engagement with public market investors.

Average Trading Volume: 16,147

Technical Sentiment Signal: Sell

Current Market Cap: 7.01B INR

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