Quarterly Updates4 Nov 2026, 12:25 pm
Allcargo Logistics: Monitoring Agency Report for Q2 FY27
AI Summary
Allcargo Logistics Limited has submitted its Monitoring Agency Report for the quarter ended September 30, 2026, as required by SEBI regulations. The report, issued by ICRA Limited, details the utilization of proceeds from a Qualified Institutions Placement (QIP). While the utilization of INR 20.00 crore and INR 27.80 crore for specific subsidiary investments has been redirected to General Corporate Purposes, this deviation was approved by the Board of Directors on February 5, 2026. The company confirms that all utilization is in line with disclosures, with necessary shareholder approvals obtained for modifications. The report is available on the company's website.
Key Highlights
- Monitoring Agency Report for Q2 FY27 submitted by Allcargo Logistics.
- Report covers utilization of QIP proceeds, monitored by ICRA Limited.
- Deviation in fund utilization approved by the Board of Directors.
- Funds redirected from subsidiary investments to General Corporate Purposes.
- Company confirms compliance with SEBI Listing Regulations.
Price Impact
More from ALLCARGO