ALLCARGO LOGISTICS LTD.

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.

Allcargo Logistics Limited announced its consolidated financial results for the second quarter ended September 30, 2026. The company reported a Profit After Tax (PAT) of ₹219 crore, marking a significant 487% year-on-year growth compared to a loss of ₹(5) crore in Q2 FY26. Revenue grew by 3.4% year-on-year in Q2 FY27, while EBITDA increased by 24% year-on-year. Gross profit saw a 13% year-on-year increase in Q2 FY27. The company attributes this improvement to consistent customer service, pricing discipline, and operational efficiencies across its Domestic Supply Chain, Express Distribution, and Consultative Logistics businesses. For the first half of FY27 (H1 FY27), revenue grew 7.1% year-on-year, and EBITDA rose 31% year-on-year, with an EBITDA margin of 13.4%. The company anticipates festive season demand to support growth in Q3 FY27, with key sectors like automotive, electronics, and e-commerce driving volume growth.

Allcargo Logistics has implemented Oracle Fusion Cloud Applications to standardize and automate its financial processes. This digital transformation initiative aims to deliver customer-centric, digitally enabled logistics services globally. The company expects to reduce manual work through automation, strengthen governance and operational visibility, and decrease month-end close time by 30 percent. The integration brings over 4,000 users and 700 operating units onto a single platform, leveraging AI for process simplification and enhanced visibility. Oracle Fusion Cloud ERP and Procurement are key components of this upgrade, managed by Oracle PartnerNetwork (OPN) partner Grant Thornton Bharat. This move supports Allcargo's growth strategy and commitment to operational excellence.

Shashi Kiran Shetty Family Trust has informed the exchange about an amendment to its trust deed, seeking and receiving exemption from SEBI under Regulation 11(5) of the SAST Regulations. This exemption pertains to the proposed direct acquisition of up to 51,54,24,268 equity shares, representing 34.41% of Allcargo Logistics Limited. The transaction is described as an internal re-organization for family succession planning and will not alter the ultimate beneficial ownership, economic interest, or control of the company. The aggregate shareholding of the promoter group remains unchanged. The exemption specifically covers open-offer requirements.

Allcargo Logistics has received an order from SEBI granting an exemption to the Shashi Kiran Shetty Family Trust from complying with Regulations 3 and 4 of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. This exemption pertains to the proposed direct acquisition of up to 51,54,24,268 equity shares, representing 34.41% of the company's paid-up equity share capital. The transaction is described as an internal reorganisation for family succession planning and will not alter the ultimate beneficial ownership, economic interest, voting control, or overall promoter/public shareholding.

Allcargo Logistics Ltd has informed BSE that its Board of Directors will convene on November 3, 2026. The primary agenda item is to consider and approve the unaudited standalone and consolidated financial results for the second quarter, which ended on September 30, 2026. The company will also make this information available on its website.

Allcargo Logistics Ltd has announced a strategic leadership transition. Mr. Ketan Kulkarni will transition from Managing Director & CEO to Chief Growth Officer of Allcargo Group from January 1, 2027. Mr. Vijay Nehra has been appointed Chief Transformation Officer and Managing Director Designate from October 1, 2026, and will assume the role of MD & CEO from January 1, 2027, subject to shareholder approvals. This realignment aims to accelerate growth and leverage emerging opportunities for both Allcargo Logistics and the broader Allcargo Group.

Allcargo Logistics Ltd announced significant management changes following board meetings on September 28, 2026. Mr. Ketan Kulkarni resigned as Managing Director & CEO, effective December 31, 2026, to take on a new group-level role as Chief Growth Officer from January 1, 2027. Concurrently, Mr. Vijay Nehra has been appointed as Chief Transformation Officer & MD Designate from October 1, 2026, and will be re-designated as Managing Director & CEO for a five-year term starting January 1, 2027, subject to shareholder approval. The company also noted the effective dates and transition plans for these key leadership roles.

Allcargo Logistics Ltd announced significant management changes following board meetings on September 28, 2026. Mr. Ketan Kulkarni has resigned as Managing Director & CEO, effective December 31, 2026, to take on a new role as Chief Growth Officer within the Allcargo Group from January 1, 2027. Concurrently, Mr. Vijay Nehra has been appointed as Chief Transformation Officer & MD Designate from October 1, 2026, and will be re-designated as Managing Director & CEO for a five-year term starting January 1, 2027, subject to shareholder approval. These changes were approved by the Governance and Nomination & Remuneration Committee and the Board of Directors.

Allcargo Logistics Ltd announced its Board of Directors has approved an investment of ₹1,76,840 by subscribing to 60 equity shares of its associate company, Allcargo Group Services Private Limited, on a rights basis. The face value of each share is ₹10. This investment aims to enable group companies to participate in the associate's profits and contribute to its governance, aligning with their respective shareholdings. It also helps in allocating corporate and shared service costs among group entities. The associate company operates in Business Support Services, with a turnover of ₹18,00,000 for FY 2025-26. The transaction is considered at arm's length, with approvals from the Audit Committee obtained. The acquisition is expected to be completed by September 30, 2026.