Board Meeting14 Oct 2026, 07:20 pm
Allcargo Terminals Ratifies Material Related Party Transactions
AI Summary
Allcargo Terminals Ltd announced that its Board of Directors has approved the ratification of Material Related Party Transactions with Allcargo Logistics Limited for the financial year 2024-2025. This ratification is subject to shareholder approval. A Postal Ballot Notice with detailed explanations will be circulated to shareholders to seek their consent. The board meeting where these decisions were made commenced at 6:45 p.m. IST and concluded at 7:05 p.m. IST.
Key Highlights
- Board approved ratification of material related party transactions.
- Transactions are with Allcargo Logistics Limited for FY2024-2025.
- Shareholder approval will be sought via postal ballot.
- Details will be provided in an explanatory statement.
- Board meeting concluded within a short duration.
Price Impact
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