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Allcargo Gati (Formerly known as Gati) and Allcargo Logistics have received board’s approval for restructuring of businesses. As per the scheme, International Supply Chain (ISC) business will be demerged into a separate entity -- Allcargo ECU. This would include the India part of ISC business, along with the international subsidiaries held under the ECU Worldwide NV. The express and contract logistics businesses would come under the resulting entity -- Allcargo Logistics (post ISC demerger) -- which will benefit from combined synergies.
Moreover, the shareholders of Allcargo and Allcargo Gati will get direct shareholding, eliminating inefficient complex corporate structure. As per the approved swap ratio, based on the recommendations of the independent valuers, shareholders of Allcargo Gati will get 63 shares in the resulting Allcargo Logistics entity (post-ISC demerger) for every 10 shares held in Allcargo Gati.
On the other hand, Allcargo shareholders will get 1:1 shares in the demerged Allcargo ECU and continue to hold their shares in Allcargo Logistics, which will now be the resulting entity holding express and contract logistics business directly. This takes into account 3:1 bonus shares approved by shareholders for Allcargo Logistics recently.
The contract logistics business brings in customer stickiness and will help amplify scale in express logistics business. The scheme is expected to be implemented in 10-12 months, accounting for regulatory filings, stock exchange approval, shareholder approval, NCLT approval and ROC filings. Allcargo group will eventually have four listed strategic business undertakings -- Allcargo ECU and Allcargo Logistics post demerger of ISC business, alongside Allcargo Terminals and TransIndia Real Estate, which were created through earlier scheme of arrangement.
Allcargo Gati (Formerly known as Gati) is one of India’s premier Express Distribution companies. With a strong presence across Asia, including a nationwide network, Allcargo Gati’s unparalleled reach creates the unique advantage of covering every part of India.
| Company Name | CMP |
|---|---|
| Allcargo Logistics | 74.15 |
| TVS Supply Chain Sol | 182.50 |
| Container Corp | 1068.15 |
| Mahindra Logistics | 470.50 |
| Transport Corp. | 879.20 |
| View more.. | |
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Funds ranking in screeners: Performance Consistency and Quality are two parameters used for ranking funds for SIP. The ranking as follows GG, GO, GR, OG, OO, OR, RG, RO and RR.
With the same color-coded funds, the one with the higher Average 3-year rolling returns (over 5 to 10 years), the number that appears in the Performance tag, ranks higher.
Here is the summary:
The third tag Upside Potential is not relevant for SIP. It is relevant for lumpsum investments in Mutual Funds.
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