Allcargo Logistics’ Promoter & Director Shashi Kiran Shetty has acquired 20,48,058 equity shares of the company through market purchase for an amount of Rs 22.53 crore during the period July 2, 2018 and July 3, 2018.
The promoter’s stake in the company has increased from 151654399 equity shares or 61.72% to 153702457 equity shares or 62.56%.
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.
