Allcargo Logistics to dispose off 49% stake in Allcargo Logistics LLC

Allcargo Logistics Ltd. | Logistics | Transportation & Logistics | BSE: 532749 | NSE: ALLCARGO

10 Aug 2017 Evaluate

Allcargo Logistics has received an approval for disposing off 49% stake held by the company in Allcargo Logistics LLC, Dubai to Ecuhold NV (Dubai). The board of directors at its meeting held on August 10, 2017 has approved for the same.

Allcargo Logistics is an India-based holding Company. The company is engaged in providing integrated logistics solutions. It offers logistics services across multimodal transport operations, inland container depot, container freight station operations, contract logistics operations etc.

Peers

Company Name	CMP
Allcargo Global	14.60
TVS Supply Chain Sol	128.30
Delhivery	427.55
Container Corporat.	496.10
Mahindra Logistics	388.10
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Name of the IA registered with SEBI:	The Alchemists Ark Pvt. Ltd.
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Trade/Brand Name of IA:	MoneyWorks4Me Investment Advisers
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SEBI Registration Number:	INA000013323 Validity – May 16, 2019 – Perpetual
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Principal Officer Details:	Name: Atharva Bhide Email: atharva.bhide@moneyworks4me.com	Telephone: +919175899463 Address: Same as IA
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