ALLCARGO GLOBAL: July volumes show LCL at 728k cbm (down 6% YoY, up 2% MoM) impacted by conflicts and rationalization. FCL at 49,138 TEUs (down 20% YoY, up 1% MoM). Air volume at 2,751 tons (down 18% YoY, up 14% MoM). Container utilization is improving.
Allcargo Global's step-down subsidiary in New Zealand has been removed from the register. This inactive entity had its operations transitioned to an agency arrangement.
Allcargo Global Limited has sold its step-down subsidiary, Comptech Solutions Private Limited, to a promoter group company. The sale consideration is approximately ₹24 Cr.
Allcargo Global has adopted a Code of Practices for Fair Disclosure of Unpublished Price Sensitive Information, available on their website.
Allcargo Global Limited has updated its list of Key Managerial Personnel for disclosure purposes, including the Managing Director, Deputy Managing Director, CFO, and Company Secretary.
