Allcargo Logistics has allotted 1600 Senior, Rated, Secured, Listed, Redeemable, Non-Convertible Debentures of face value of Rs 10,00,000 per debenture aggregating Rs 160 crore on private placement basis to The Hongkong and Shanghai Banking Corporation, foreign portfolio investor on January 10, 2020. The date of maturity is January 10, 2023.
The Debentures Issue and Allotment Committee of the Board of Directors of the company at its meeting held on January 10, 2020, allotted 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.
