Allcargo Terminals Limited Acquires 25% Stake in Allcargo Group Services Private Limited
Allcargo Terminals Limited has executed a Shareholders Agreement effective July 01, 2026, establishing its acquisition of a 25% equity stake in Allcargo Group Services Private Limited (AGSPL). Following the execution and completion of legal formalities, AGPSL will function as an Associate Company for the company.The acquisition forms part of a strategic arrangement where Allcargo Terminals aims to avail various corporate and shared centre of excellence services from AGPSL. These services encompass but are not limited to finance, human resources (HR), legal, IT support, procurement, marketing and communication, and general administration.
The transaction involves the acquisition of 2 equity shares in AGPSL, which amounts to a 25% stake. Allcargo Group Services Private Limited is managed by entities that fall under the Promoter Group, including Allcargo Global Limited, Allcargo Logistics Limited, Transindia Real Estate Limited, and Allcargo Worldwide Limited (formerly known as Allcargo ECU Limited).
The acquisition of the equity share capital in the Target Company was conducted at arm's length and has been classified as a related party transaction. The financial details pertaining to this strategic investment are summarized below:
| Particular | Details |
|---|---|
| Target Entity | Allcargo Group Services Private Limited (AGSPL) |
| Acquisition Purpose | To acquire 25% stake in AGPSL |
| Equity Acquired | 2 Equity Shares of AGPSL |
| Face Value per Share | ₹ 10/- |
| Value per Share | Rs. 1,76,840/- |
| Total Cost of Acquisition | Rs. 3,53,680/- |
As part of this agreement, the acquisition results in AGPSL becoming an associate company for Allcargo Terminals Limited. The transaction has no imposed restrictions or liabilities on the listed entity.
ATL Stock Price Movement
On Wednesday, Allcargo Terminals Limited shares edged higher to settle at ₹23.79 after gaining 0.21%. The stock saw a trading volume of 128,404 shares during the session.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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