Allcargo Global starts trading on NSE, BSE after demerger from Allcargo Logistics

Allcargo Global Limited, the international supply chain business demerged from Allcargo Logistics Limited, on Friday made its stock market debut with the listing of its shares on the National Stock Exchange (NSE) and the BSE under the ticker symbol "AGL". 

The listing marks the completion of the Allcargo Group's four-year restructuring and demerger exercise aimed at creating focused business entities with sharper operational strategies and enhanced shareholder value. 

Following the listing, the Allcargo Group now comprises four independently listed companies: Allcargo Global Limited, which houses the international supply chain business; Allcargo Logistics Limited, focused on domestic supply chain logistics; Allcargo Terminals Limited, which operates container freight stations and inland container depots; and TransIndia Real Estate Limited, which develops real estate and logistics infrastructure assets. 

Shashi Kiran Shetty, Founder and Chairman of the Allcargo Group, said the restructuring reflects the company's long-term vision of building specialised, technology-driven businesses. "Four decades ago, we began this journey with a single vision—to connect Indian trade with the world. Today, that vision stands realised in four independent, technology-driven businesses, each free to chart its own course and create its own value," he said. 

Shetty added that Allcargo Global would continue strengthening its leadership in less-than-container load (LCL) consolidation, full-container load (FCL), air freight and door-to-door logistics services amid a rapidly evolving global trade environment. 

Adarsh Hegde, Managing Director of Allcargo Global, said the listing marks the beginning of a new growth phase for the company's international supply chain business. "With a strong global footprint and a market-leading position in less-than-container-load consolidation, we are focused on driving sustainable growth and delivering technology-driven integrated logistics and supply chain solutions worldwide," Hegde said. 

He added that the company's strategic independence would provide greater flexibility to pursue growth opportunities while creating long-term value for customers, partners and shareholders. 

The listing follows the Scheme of Arrangement approved by the National Company Law Tribunal (NCLT), under which shareholders of Allcargo Logistics received one equity share of Allcargo Global for every one equity share held, resulting in a 1:1 share entitlement. 

With its listing now complete, Allcargo Global aims to accelerate the expansion of its international supply chain business while strengthening its technology-led logistics offerings across global markets.