Management Change28 Sept 2026, 05:20 pm
Allcargo Logistics MD & CEO Ketan Kulkarni Resigns; Vijay Nehra Appointed
AI Summary
Allcargo Logistics Ltd announced significant management changes following board meetings on September 28, 2026. Mr. Ketan Kulkarni has resigned as Managing Director & CEO, effective December 31, 2026, to take on a new role as Chief Growth Officer within the Allcargo Group from January 1, 2027. Concurrently, Mr. Vijay Nehra has been appointed as Chief Transformation Officer & MD Designate from October 1, 2026, and will be re-designated as Managing Director & CEO for a five-year term starting January 1, 2027, subject to shareholder approval. These changes were approved by the Governance and Nomination & Remuneration Committee and the Board of Directors.
Key Highlights
- Ketan Kulkarni resigns as MD & CEO, effective Dec 31, 2026.
- Kulkarni to become Chief Growth Officer from Jan 1, 2027.
- Vijay Nehra appointed MD & CEO for 5 years from Jan 1, 2027.
- Nehra also appointed Chief Transformation Officer & MD Designate.
- Shareholder approval required for Nehra's MD & CEO appointment.
Price Impact
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