
Clarification15 Sept 2026, 01:58 pm
Allcargo Logistics Clarifies Resignation Disclosure
AI Summary
Allcargo Logistics Limited has issued a clarification regarding the resignation of Mr. Shashi Kiran Shetty from the Board. The company confirmed that the resignation, effective August 5, 2026, was due to Mr. Shetty's other commitments, as stated in both the company's disclosure and his resignation letter. The omission of the resignation letter from the initial filing on August 5, 2026, was an inadvertent error and not an intentional delay of information. The company had submitted the requisite disclosure under SEBI Listing Regulations on the same date.
Key Highlights
- Resignation of Mr. Shashi Kiran Shetty from the Board confirmed.
- Reason for resignation cited as 'other commitments'.
- Inadvertent omission of resignation letter from initial filing.
- Disclosure made on August 5, 2026, as per SEBI Listing Regulations.
Price Impact
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