Management Change11 Aug 2026, 07:20 pm
Allcargo Terminals Appoints Pranav Choudhary as Additional Director & MD
AI Summary
Allcargo Terminals Ltd announced the appointment of Mr. Pranav Choudhary as an Additional Director and Managing Director (Key Managerial Personnel). This appointment is effective from September 01, 2026, for a term of three years, subject to shareholder approval. The Board also approved the standalone and consolidated unaudited financial results for the quarter ended June 30, 2026, and the reconstitution of Board Committees. Additionally, the company approved the extension of an inter-corporate deposit (ICD) of ₹30 crore from its subsidiary, Speedy Multimodes Limited, for another year.
Key Highlights
- Pranav Choudhary appointed as Additional Director and MD.
- Appointment is for a three-year term, effective Sept 1, 2026.
- Shareholder approval is required for the appointment.
- Board approved Q1 FY27 unaudited financial results.
- ICD of ₹30 crore with subsidiary extended for one year.
Price Impact
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