
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 standalone and consolidated unaudited financial results for the quarter ended June 30, 2026, and the extension of an inter-corporate deposit agreement with its subsidiary, Speedy Multimodes Limited, for another year. The Board meeting took place on August 11, 2026.
Key Highlights
- Pranav Choudhary appointed Additional Director and MD.
- Appointment is for a 3-year term, effective Sept 1, 2026.
- Shareholder approval is required for the appointment.
- Board approved Q1 FY27 unaudited financial results.
- ICD agreement with subsidiary extended for one year.
Price Impact
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