Allcargo Global removes ECU Worldwide New Zealand Limited from Companies Register
Allcargo Global Limited has confirmed that ECU Worldwide New Zealand Limited, a wholly owned overseas subsidiary of the company, was removed from the Companies Register in New Zealand effective July 23, 2026. Consequently, the entity ceased to be a step down wholly owned overseas subsidiary of Allcargo Global.The report noted that ECU Worldwide NZ operated as an inactive entity, and its business operations have been transitioned to an agency arrangement.
Key financial details for ECU Worldwide New Zealand Limited, as of December 31, 2025, are presented below:
| Financial Metric | Detail |
|---|---|
| Revenue from Operations (in Euro) | 3,529 |
| Percentage of Revenue | 0.00% |
| Net Worth (in Euro) | (256,984) |
| Percentage of Net Worth | -0.21% |
The removal of the entity from the register marked the transition of its operations and provided data regarding the company's financial contribution from that subsidiary during the last financial year.
AGL Stock Price Movement
Allcargo Global Limited shares shed 1.50% today, settling at ₹12.58 after closing down by ₹0.19 in market trading. The stock traded a total of 2.68 million shares during the session, maintaining a trading range between ₹12.21 and ₹12.75.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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