Allcargo Terminals Ltd Share Price

On February 5, 2019, Allcargo Terminals Limited was registered as a Private Limited Company with the Registrar of Companies in Mumbai, Maharashtra. It then became a Public Limited Company on January 10, 2022. The company follows an asset-light business strategy, with its key businesses being Container Freight Stations (CFS) and Inland Container Depots (ICD). It operates seven CFS and ICD facilities in India, four of which are wholly owned and three through subsidiaries and joint ventures. CFSs and ICDs serve as extensions of the port infrastructure, providing services such as customs inspection/clearance, stuffing/de-stuffing, weighing and storage, and so on. Check out Allcargo Terminals share price with BlinkX.

Business Projects of Allcargo Terminals Ltd

The company is one of India's largest CFS operators, with a total installed capacity of more than one million square feet. Previously a part of Allcargo Logistics Limited, it began CFS operations in 2003, with its initial location at JNPT in Mumbai. The path of expansion proceeded by providing one of India's largest CFS-ICD networks.
CFS activities were also launched in Chennai and Mundra in 2007; ICD Dadri formed a joint venture with CONCOR in 2011, introduced another CFS in JNPT in 2012, and CFS Kolkata operations began in 2017; and operations in JNPT and Mundra were established through a subsidiary, Speedy Multimodes in 2019.

Corporate Restructuring of Allcargo Terminals Ltd

The Container Freight Station (CFS)/ Inland Container Depots (ICD) business divisions of the Demerged Company were transferred to the Company effective April 1, 2023, under a Scheme of Arrangement and Demerger between Allcargo Logistics Limited (ALL/Demerged Company), Allcargo Terminals Limited (ATL), and TransIndia Real Estate Limited (TREL) and their respective shareholders in 2022-23.

According to the provisions of the Scheme, all of the assets and liabilities of the demerged Company's CFS/ICD business divisions become the Company's assets and liabilities from April 1, 2022. As a result, the Company's 24,56,95,524 equity shares, each with a face value of Rs 2/-, were listed on August 10, 2023. You can check the live Allcargo Terminals Ltd share price on BlinkX.

Allcargo Terminals Ltd

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