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Investment6 Nov 2026, 02:53 pm

Allcargo Terminals Invests ₹1.06 Cr in Associate AGSPL

AI Summary

Allcargo Terminals Limited has subscribed to 60 equity shares of its associate company, Allcargo Group Services Private Limited (AGSPL), for an aggregate amount of ₹1,06,10,400 (₹1.06 Crore). Each share was issued at a price of ₹1,76,840, including a premium of ₹1,76,830. The allotment occurred on October 10, 2026, with shares credited on November 04, 2026. This investment maintains Allcargo Terminals' 25% equity stake in AGSPL. The details are also available on the company's website.

Key Highlights

  • ATL invested ₹1.06 Crore in associate AGSPL.
  • Investment maintains ATL's 25% equity stake in AGSPL.
  • Shares subscribed at a premium of ₹1,76,830 per share.
  • Transaction details disclosed as per SEBI regulations.