Dividend26 May 2024, 05:07 am
ALLCARGO LOGISTICS LTD. Recommends Final Dividend of ₹1 for FY2024, Plans to Raise ₹500 Crores
AI Summary
ALLCARGO LOGISTICS LTD. has recommended a final dividend of ₹1 per equity share for the financial year 2023-2024, subject to shareholder approval. The company also plans to raise up to ₹500 crores through the issuance of secured/unsecured non-convertible debentures and/or bonds on a private placement basis. The board has approved the audited financial statements for the year ended March 31, 2024, and has reappointed the statutory auditors, secretarial auditors, and tax auditors for the subsequent financial years.
Key Highlights
- ALLCARGO LOGISTICS LTD. recommends a final dividend of ₹1 per equity share for FY2024
- The company plans to raise ₹500 crores through non-convertible debentures and/or bonds
- The board has approved the audited financial statements for the year ended March 31, 2024
- M/s Parikh & Associates reappointed as Secretarial Auditors for FY2024-25
- M/s Shaparia Mehta & Associates LLP reappointed as Tax Auditors for FY2023-24