Allcargo Logistics Invests ₹1.76 Lakh In Associate Company

Allcargo Logistics plans to put ₹1.76 lakh into a company it already partly owns.

It will buy 60 new shares in Allcargo Group Services Private Limited.

The shares are being issued through a rights offer.

Allcargo Logistics already owns 25% of the company.

Its overall ownership percentage is not expected to change.

The money will be paid in cash through banking channels.

The investment is intended to help group companies share profits and take part in governance.

It will also help divide corporate and shared-service costs among group companies.

The transaction is expected to finish by September 30, 2026.