MUMBAI: Allcargo Global Limited (AGL) (NSE: AGL) (BSE: 544602), an independent entity demerged from Allcargo Logistics Limited, has successfully listed its shares on the National Stock Exchange & Bombay Stock Exchange (BSE) under the ticker symbol “AGL”. The landmark listing marks the completion of the Allcargo Group’s demerger and restructuring initiated four years ago to create sharper corporate structures and enhance operational focus.
With the listing of Allcargo Global, Allcargo Group now has four strategically focused listed entities – Allcargo Global, which houses the international supply chain operations; Allcargo Logistics Limited, focused on domestic supply chain logistics; Allcargo Terminals Limited, which operates container freight stations and inland container depots; and TransIndia Real Estate Limited, which develops real estate and logistics infrastructure assets. The strategic reorganisation underscores the Group’s commitment to building focused businesses capable of delivering sustainable growth and long-term stakeholder value. Allcargo Global Limited begins trading today alongside other three entities.
Commenting on the occasion, Shashi Kiran Shetty, Founder and Chairman, Allcargo Group said, “Four decades ago, we began this journey with a single vision – to connect Indian trade with the world. today, that vision stands realised in four independent, technology-driven businesses, each free to chart its own course and create its own value. As Allcargo Global strengthens its leadership in LCL global consolidation, FCL, Air Freight and door-to-door services, amid a rapidly evolving global trade landscape, it carries forward that same ambition – and reaffirms India’s growing stature as a global economic, manufacturing and logistics powerhouse.”
Adarsh Hegde, Managing Director, Allcargo Global said, “The listing signals the beginning of an exciting phase for our international supply chain business. With a strong global footprint and market leading position in Less than Container Load consolidation. We are focused on driving sustainable growth and delivering technology-driven integrated logistics solutions that offer logistics services and supply chain solutions worldwide. This strategic independence provides us with greater flexibility to pursue growth opportunities and create long-term value for customers, partners and shareholders globally.”
Pursuant to the Scheme of Arrangement approved by the National Company Law Tribunal, shareholders of Allcargo Logistics Limited received one equity share of Allcargo Global Limited for every one equity share held in Allcargo Logistics, resulting in a 1:1 share entitlement.
With its successful listing today, Allcargo Global Limited is well positioned to accelerate its growth journey while strengthening its technology-driven international supply chain offerings.
About Allcargo Global Limited
Allcargo Global Limited (AGL) (NSE: AGL) (BSE: 544602) is an integrated international supply chain company of the Allcargo Group, formed following the demerger of the Group’s International Supply Chain business. The Company’s wholly owned global subsidiary, ECU Worldwide, is the world’s largest global LCL consolidator and one of the leading players in multimodal transport across the world, and the only Indian company to achieve this.AGL operates a global network of self-operated offices and warehouses across many countries, covering markets that account for over 90% of global trade, complemented by a franchise network in other geographies. The Company operates on an integrated global platform with unified financial, technology and human resource management across its worldwide operations, enabling standardized processes and seamless service delivery. With over four decades of industry expertise, AGL combines deep logistics expertise with technology-enabled solutions. Its digital freight booking platform, ECU360, enables freight forwarders and shippers to book shipments across global trade lanes through a streamlined online interface. Comparable with leading global solutions, ECU360 strengthens AGL’s digital proposition and enhances the customer experience. As part of the Allcargo Group, AGL remains committed to upholding high standards of Environmental, Social and Governance (ESG) practices across its operations.
