
Board Meeting5 Aug 2026, 09:11 pm
Allcargo Logistics Board Approves Q1 FY27 Unaudited Results, Chairman Resigns
AI Summary
Allcargo Logistics Ltd announced that its Board of Directors, in a meeting held on August 5, 2026, approved the unaudited financial results (Standalone and Consolidated) for the quarter ended June 30, 2026. The Board also accepted the resignation of Mr. Shashi Kiran Shetty as Director and Chairman, effective August 5, 2026, due to other commitments. Mr. Dinesh Kumar Lal has been appointed as the new Chairman. The company expressed appreciation for Mr. Shetty's contributions. Consequent to these changes, the Board also approved the reconstitution of its committees. The financial results and auditor's limited review reports are enclosed with the filing.
Key Highlights
- Approved unaudited financial results for Q1 FY27.
- Chairman Mr. Shashi Kiran Shetty resigned from his positions.
- Mr. Dinesh Kumar Lal appointed as new Chairman.
- Board committees have been reconstituted.
- Financial results accompanied by auditor's limited review reports.
Price Impact
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